malaysia ringgit, however, is losing value. korean won was just at RM3.2 in 2014, now, it is RM3.8. singapore dollar was at RM1.0 in 1965 and today is it RM3+!!
the country is no longer competitive. through the many years of mismanagement, it looks like my beloved country will move in the same direction of progress as that of philippines.
soon it would be more worthwhile for us to take up jobs as domestic help in indonesia, than to be a doctor in malaysia. good thing there are a good number of maybank branches in indonesia. makes sending money back home a lot easier.
the big question is.
what if all the money we have saved for our old age is worth nothing in the future?
as it is nasi lemak biasa which used to be RM0.50 became RM1.0 and now RM2.5. what if next time, it is RM50,000?
there are many examples of countries which has undergone and are still under kleptocracy. we have these countries telling us what our future looks like. why are we still blindly working so hard, harder than before because we believe times may be bad... to save money that may be worth nothing in the future?
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