🦋 The health of the economy determines how easy or difficult it is to earn money

Jun 2, 2022 6:31 AMPublished Jun 2, 2022 6:31 AM

This is a 🐓 story about practices that affects the health of the economy.

The video that 🦋 used is taken from YouTube and 🦋 placed that video in a post on Meta Engagers

This 🐓 story is about what the Prime Minister of Singapore mentioned during an official visit to JapanThe funny thing is that the 🐓he was talking about has nothing to with Japan but was because of Malaysia.Malaysia consist of West Malaysia and 2 states Sabah and Sarawak which made up East Malaysia.Singapore together with the states in West Malaysia made up a country known as Malaya.The leaders of the state of Singapore did not agree with discriminatory policies that favoured the Malays. Singapore decided to break away from the other states of Malaya to become an independent country Singapore.The other states joined with Sabah and Sarawak to become Malaysia.Malaysia is a resource rich country with oil, tin and a lot of land cultivated with rubber, oil palm and other crops.Singapore is a small country with no natural resources other than its people and its strategic position on the trade route between Eastern countries like Japan & China and Western countries eg those in Europe.For several years the parity between the Singapore $ and the Malaysian currency was 1:1In spite of having no natural resources, Singapore did much better economically than Malaysia and the current exchange rate of the 2 currencies is S$1 : RM4.2Since Singapore does not have much land, much of the food that Singapore consumes come from Malaysia.34% of the 🐓 consumed in Singapore comes from Malaysia. Recently Malaysia stopped exporting 🐓to Singapore.The decision to stop exporting 🐓 to Singapore is not because of political differences or jealousy about the superior economic success of Singapore.Increase in the cost of animal feed has caused the price of pork to increase.The government of Malaysia do not care about the big increase in price of pork because the majority race do not eat pork on religious reasons.So pork eaters had to eat more 🐓 which is much cheaper than pork causing the demand of 🐓 in Malaysia to go up.🐓 is a very important part of the diet of the majority race so there is price control for 🐓.🐓 producers in Malaysia were incurring losses because of higher costs.Supply chain problems has caused a huge increase in the price of 🐓 feed.The minimum wage in Malaysia was raised by 25% from RM1,200 per month to RM1,500 per month.If you are a 🐓 producer in Malaysia, what would you do?Will you increase the production of 🐓 to meet the higher demand? Or will you reduce the production of 🐓 in order to reduce your losses because the selling price of 🐓 is capped?Malaysia itself had a shortage of 🐓 and could not export any to Singapore.What did the Prime Minister of Singapore allude to when he said that today it is 🐓 but in future it could be something else or bigger?The supply chain problem of 🐓 is because of mismanagement.What if due to mismanagement of water resources Malaysia cannot provide water to Singapore?Singapore is such a small country that it does not have the catchment area to collect enough rain water for its needs.🐓 is something 👬👫 can live without. Water is a necessity of life.What has Singapore done regarding water?Besides the desalination of sea water, Singapore treats sewer water so thoroughly that it can be drunk.The Prime Minister of Singapore has publicly drunk bottled sewer water that Singapore produces to prove that it is safe to drink such water.

bbs.market🦋 A political🐓 story.This 🐓 story is about what the Prime Minister of Singapore mentioned during an official visit to JapanThe funny thing is that the 🐓he was talking about has nothing to with Japan but was because of Malaysia.Malaysia consist of West Malaysia and 2 states Sabah and Sarawak which made up East Malaysia.Singapore together with the states in West Malaysia made up a country known as Malaya.The leaders of the state of Singapore did not agree with discriminatory policies that favoured the Malays. Singapore decided to break away from the other states of Malaya to become an independent country Singapore.The other states joined with Sabah and Sarawak to become Malaysia.Malaysia is a resource rich country with oil, tin and a lot of land cultivated with rubber, oil palm and other crops.Singapore is a small country with no natural resources other than its people and its strategic position on the trade route between Eastern countries like Japan & China and Western countries eg those in Europe.For several years the parity between the Singapore $ and the Malaysian currency was 1:1In spite of having no natural resources, Singapore did much better economically than Malaysia and the current exchange rate of the 2 currencies is S$1 : RM4.2Since Singapore does not have much land, much of the food that Singapore consumes come from Malaysia.34% of the 🐓 consumed in Singapore comes from Malaysia. Recently Malaysia stopped exporting 🐓to Singapore.The decision to stop exporting 🐓 to Singapore is not because of political differences or jealousy about the superior economic success of Singapore.Increase in the cost of animal feed has caused the price of pork to increase.The government of Malaysia do not care about the big increase in price of pork because the majority race do not eat pork on religious reasons.So pork eaters had to eat more 🐓 which is much cheaper than pork causing the demand of 🐓 in Malaysia to go up.🐓 is a very important part of the diet of the majority race so there is price control for 🐓.🐓 producers in Malaysia were incurring losses because of higher costs.Supply chain problems has caused a huge increase in the price of 🐓 feed.The minimum wage in Malaysia was raised by 25% from RM1,200 per month to RM1,500 per month.If you are a 🐓 producer in Malaysia, what would you do?Will you increase the production of 🐓 to meet the higher demand? Or will you reduce the production of 🐓 in order to reduce your losses because the selling price of 🐓 is capped?Malaysia itself had a shortage of 🐓 and could not export any to Singapore.What did the Prime Minister of Singapore allude to when he said that today it is 🐓 but in future it could be something else or bigger?The supply chain problem of 🐓 is because of mismanagement.What if due to mismanagement of water resources Malaysia cannot provide water to Singapore?Singapore is such a small country that it does not have the catchment area to collect enough rain water for its needs.🐓 is something 👬👫 can live without. Water is a necessity of life.What has Singapore done regarding water?Besides the desalination of sea water, Singapore treats sewer water so thoroughly that it can be drunk.The Prime Minister of Singapore has publicly drunk bottled sewer water that Singapore produces to prove that it is safe to drink such water.

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