Is the crisis coming?

Things are happening around the world, in Beirut ISIS suicide bombing, earthquakes that happen in japan, terrorist attacks and bombing in paris, earthquake and hurricane occurs in Mexico. World is changing so much that people are too busy to look into what really changes the economic of today. Market shares drop when there is negative news on the country that affect the business that is running. Natural disaster causing a country to change dramatically in term of everything that is going on in the country, it's almost the end of 2015 and a new year coming 2016 as people expected the crisis that is coming on the year. It is really important that we look into the currency of each country, as we know that when a currency rise there might be a benefit to the people of the country but not to the people who are buying products from the country that have a rising currency. When a country comes into exporting and importing of goods, we are giving out or taking in money for the exchange of goods.  Lets take this as an example we buy goods overseas and we are trading using the USD when the currency of the country rise it might effect the market in the country like for example Malaysia that importing goods from other country will be more expensive than before. When a country economy is getting stronger and stronger it creates a bubble, that made the country becoming more expensive to import goods from them as their currency is becoming stronger and purchasing power from weaker country become lower. For an example, I am buying a product from US that cost around 10 USD that is around 43 ringgit, when the USD is getting stronger and the ringgit is getting weaker we as a consumer tend to spend more on the same product that we are purchasing. As the product can be purchased in another country, consumer will switch their way and purchase it in other country that will cost the consumer less and benefit the consumer more.In Asia, s what we are facing right now, Singapore dollar and Brunei Dollar is getting stronger converting to Malaysia Ringgit , it increases by more than 10 percent from the previous years. As Singapore is just a neighbouring country from Malaysia as well Brunei, consumer tend to spend more in Malaysia as they have the advantage of the stronger currency which leads them to higher purchasing power and the cost of purchasing an item became cheaper than their own country. As this happens businesses in their home country become weaker. 

So when businesses come into a point in the country, they have to look into what their consumer wants and the number one key of marketing is to put yourself in the shoes you're going to do business with. 

We choose our ways to be success, either we walk through the journey alone that will be fast or we walk as a team that will go far. To be a great man, mix with people that are great, to be happy, mix with people that are happy, want to be successful be with the people that have already success and learn what what they did and mix around with them and you want to be rich find out what the poor people are doing and don't do what they do. 

Screenshot from CNBC