Is Indonesia going bust?

[whoami]

for decades , indo-mee-sure and m&d-lay-sure have been exporting crude oil ,
palm oil , minerals ,fruits ,veges
yet their currency is not strong.
two main factors
1] wide spread corruptions
2] their genetic makeup

idiots here loved to ridicule , tease and mock the chinks
for their corruption
compare to the two m&d countries ,
chink land is better developed
and the americunt has to constantly beg chinks to revalue the yuan.

Corruption? Tats why u see 30% and 1.5% rich cina still staying in Msia and Indon respectively. Reasons pretty obvious.

 

[winnipegjets]

Emerging economies are going through a bad patch now. If you have the tolerance, buy etf of emerging economies now.

 

[ChristJohnny]

I suppose that answers the question why so many chinese emigrated there.
Indonesia suffers from infrastructure bottlenecks. Congestion on its road, ports and railways. The tax money they were suppose to get ended up in singapore and used for mrts and hdb's.

I suppose that answers the question why so many chinese emigrated there.
Indonesia suffers from infrastructure bottlenecks. Congestion on its road, ports and railways. The tax money they were suppose to get ended up in singapore and used for mrts and hdb's.

Because the Indo are not as clever ... IQ and RACE

 

[winnipegjets]

Because the Indo are not as clever ... IQ and RACE

The smart Indons are the ethnic Chinese; that's why wealth is concentrated in that group.

 

[Semaj2357]

Will Jokowi do a Najib to boost the economy before elections (like Najib)?

Indonesia offers $13.2b infrastructure projects to China
http://www.thejakartapost.com/news/...s-13-2b-infrastructure-projects-to-china.html

looks like the tiongs have a pie in almost all of sea (and by extn, the scs) and africa and we can only look in envy (perhaps) but that may be a good thing, no?

 

[rushifa666]

Have muslim countries do e well in general? Forget the oil rich ones

 

[cpython88]

Indonesua exports lots of palm oil.millions of tons. Plus timber, coal, copper, lng.........i doubt ut will end up like venezuela, argentina or turkey.

It is actually good for their exports and external investors to come in.

 

[Rogue Trader]

This is retribution for sacking Ahok

 

[zeebjii]

Rupiah is almost 15000 against US Dollar
Rupiah is almost 11000 against SG Dollar

Is the next financial crisis coming?

Wow, i remember it was only like 12000 US, 8000 Sing during the asian crisis 20 years ago. Will we see chinese massacre part 2 this time?

 

[zeebjii]

God has cursed the indons for jailing the good ah hok.

Ahh...that explains! Then how about roman catholic argentina, brazil, philippines?

 

[zeebjii]

This is retribution for sacking Ahok

If true, then your god has too much time on his hands!

 

[ChristJohnny]

Ahh...that explains! Then how about roman catholic argentina, brazil, philippines?

It is all about IQ and RACE … no matter what is your religion if the country is not smart enough on average, sad to say not easy to break through. I yet to come across a low IQ country that is progressive … proof me wrong.

 

[JustLikeThis]

Consumption is an important component in Indonesia economy, unlike Thailand or Vietnam, indonesia manufacturers less electrical/electronics finished good, except cars.
I don't think they should crash consumption to support their currency.

Indonesia raises import taxes on 1,000-plus goods to support rupiah
https://www.thestar.com.my/business...t-taxes-on-1000-plus-goods-to-support-rupiah/

JAKARTA: Indonesia will raise import taxes on more than 1,000 goods ranging from cosmetics to cars, as part of measures aimed at cutting imports and supporting a weak rupiah, the finance minister said on Wednesday. The import tax will be raised to up to 10 percent on 1,147 mostly consumer goods, from an existing 2.5 percent to 7.5 percent, effective next week, Finance Minister Sri Mulyani Indrawati told a news briefing.

 

[syed putra]

Consumption is an important component in Indonesia economy, unlike Thailand or Vietnam, indonesia manufacturers less electrical/electronics finished good, except cars.
I don't think they should crash consumption to support their currency.

Indonesia raises import taxes on 1,000-plus goods to support rupiah
https://www.thestar.com.my/business...t-taxes-on-1000-plus-goods-to-support-rupiah/

JAKARTA: Indonesia will raise import taxes on more than 1,000 goods ranging from cosmetics to cars, as part of measures aimed at cutting imports and supporting a weak rupiah, the finance minister said on Wednesday. The import tax will be raised to up to 10 percent on 1,147 mostly consumer goods, from an existing 2.5 percent to 7.5 percent, effective next week, Finance Minister Sri Mulyani Indrawati told a news briefing.

They are trying to strengthen rupiah by hindering imports.putting up interest rates will only cause economy to slow down. But this can only work if exporters bring back their usd instead of depositing it in singapore banks. Singspore is indonesia's curse.its wealth is stuck there doing nothing for the country,

 

[Leckmichamarsch]

God has cursed the indons for jailing the good ah hok.

poor fella, wife got fucked by best fren n wife loves his cock.......BUT AH HOK IS QUITE COCKY LEH

 

[whoami]

poor fella, wife got fucked by best fren n wife loves his cock.......BUT AH HOK IS QUITE COCKY LEH

Jiu Hu Kia Lim eng guan...just as cocky/arrogant too.

 

[JustLikeThis]

The best way to sink Jokowi is to sink Rupiah
Indonesia’s Widodo wobbles as the rupiah tumbles
http://www.atimes.com/article/indonesias-widodo-wobbles-as-the-rupiah-tumbles

Seven months out from April 2019 elections, President Joko Widodo’s appears to be facing one of his worst nightmares with the Indonesian rupiah now at its lowest level since the devastating 1997-98 financial crisis, an event that remains embedded in the national psyche.

Economic Coordinating Minister Darmin Nasution described last week’s latest slide as “illogical,” though it is clear events in Argentina and Turkey are also driving emerging market concerns, with the Indian rupee now at its lowest-ever level. Analysts say foreign domination of Indonesia’s bond market, high US dollar debt loads of Indonesian corporations and the fact that 40% of the government’s debt is denominated in foreign currencies leaves little room for confidence in the rupiah.

The falling currency is only one symptom of a wider malaise. Indonesia’s growth rate has remained stuck on 5% for Widodo’s entire presidency, a far cry from the 7%-plus he had promised.

 

[zeebjii]

It is all about IQ and RACE … no matter what is your religion if the country is not smart enough on average, sad to say not easy to break through. I yet to come across a low IQ country that is progressive … proof me wrong.

Yeah right! OF the 3 god-fearing countries i named, argentina the most defaulted country of recent times, has a largely angmo population. Though IQ and RACE are a big factor, but they alone don't determine success of a country!

 

[ChanRasjid]

The best way to sink Jokowi is to sink Rupiah
Indonesia’s Widodo wobbles as the rupiah tumbles
http://www.atimes.com/article/indonesias-widodo-wobbles-as-the-rupiah-tumbles

Seven months out from April 2019 elections, President Joko Widodo’s appears to be facing one of his worst nightmares with the Indonesian rupiah now at its lowest level since the devastating 1997-98 financial crisis, an event that remains embedded in the national psyche.

Economic Coordinating Minister Darmin Nasution described last week’s latest slide as “illogical,” though it is clear events in Argentina and Turkey are also driving emerging market concerns, with the Indian rupee now at its lowest-ever level. Analysts say foreign domination of Indonesia’s bond market, high US dollar debt loads of Indonesian corporations and the fact that 40% of the government’s debt is denominated in foreign currencies leaves little room for confidence in the rupiah.

The falling currency is only one symptom of a wider malaise. Indonesia’s growth rate has remained stuck on 5% for Widodo’s entire presidency, a far cry from the 7%-plus he had promised.

A country's money should be an "untouchable" - it is the nations blood. But the super powers won't allow you not to let them touch your money supply, banking system.. they have to touch in order to control your contry through controlling the money flow.

One route is a commodity money standard - gold, silver.

Chan Rasjid.

 

[syed putra]

It is all about IQ and RACE … no matter what is your religion if the country is not smart enough on average, sad to say not easy to break through. I yet to come across a low IQ country that is progressive … proof me wrong.

I know this kind of country where million starved to death not just once, but multiple times, but even though they are mostly retarded, they still claim to be superior to their barbarian neighbours even though the barbarians ruled over them several times already.