Argument
This section is about people arguments about Malaysia’s Ringgit drop and what these arguments mean to general population. In addition, this argument wants to know what the public and professional want to know what happen to them and country.
The main purpose for the article is to know how low Malaysia’s Ringgit can drop. The question that’s on everyone’s mind. The other question that is being asked is should the Malaysia ringgit be pegged again? It is exactly 10 years since the peg on the ringgit was removed. Then prime minister and finance minister Tun Mahathir Mohamad pegged the ringgit at RM3.80 to US$1. Malaysians started getting worried when the ringgit’s value dropped drastically immediately after global crude oil prices plunged in September 2014, depreciating 16.4 per cent against the US dollar. It is so bad that the Malaysian currency is now Asia’s worst performing exchange rate this year.
Malaysia has so many crises right now. One of the main crises is 1MDB. From Singapore point of view, protecting the ringgit from political fallout out may end up costing Malaysia more than any bailout for the debt-ridden 1MDB state fund, given the rate at which the central bank has been using its reserves in recent weeks. Bank Negara Malaysia (BNM) has taken an iron-fisted approach, barely allowing the ringgit to move since early July as investors became increasingly unnerved by the deepening scandal over how 1 Malaysia Development Berhad got into $11 billion of debt.
On the same time, Prime Minister Najib Razak sacked his deputy, who had called on him to give Malaysians a better explanation of where 1MDB's money went. Three other ministers were also shunted in the reshuffle. Najib also replaced the attorney-general. That’s show Prime Minister Najib Razak is thinking only for himself. He is doing that because he wants someone that back him up because of his selfishness.
On society arguments, this is so sad because ringgit Malaysia was drop too low. Society didn’t expect that ringgit Malaysia can drop that low. Last time, it breached the 3.400 level against the US dollar and since then, it has been hovering within a hair’s breadth of 3.5000. On December 5, it touched 3.4757 before closing at 3.4713 but right now the ringgit hit a 9-year low, the lowest level since January 2006, according to a Bloomberg report on the same day. Yesterday, the ringgit closed at 3.7525 against the US dollar, with some analysts reportedly saying this was merely a technical correction. Additionally, data from Bloomberg showed that the ringgit had fallen to as low as 3.76 to the US dollar.
So many people argue about Malaysia’s Ringgit drop. Not only for the citizen in Malaysia but the important person in Malaysia still argue about this case. Its hard for Malaysian people want to go travel because of the drop of Malaysian Ringgit.
Not only people in Malaysia argue about this case, the investor from the rest of the world include to argue about Malaysia’s Ringgit drop. The Prime Minister’s Department, Datuk Seri Abdul Wahid Omar said private investors were still confident in the economy, as shown by the increase in private sector contribution to the economy, from 64% in the first quarter of last year to 64% of the same span this year. External factors affecting the ringgit’s value include the improving US economy which is attracting funds to flow away from emerging markets such as Malaysia, and the possibility that the US will raise interest rates, he said.
The global drop in oil prices has also hurt oil exporting countries such as Malaysia, Wahid told reporters after the 2015 Malaysian Student Leaders’ Summit (MSLS) in Kuala Lumpur today. Wahid said this in response to arguments that the ringgit’s slide reflects investors' loss of confidence in Putrajaya’s management of the economy. Yesterday, Bukit Bendera MP Zairil Khir Johari said the ringgit’s fall was proof that foreigners were losing confidence in the Malaysian economy. "This shows low investor confidence and that the rest of the world also thinks the Malaysian economy is heading in the wrong direction," Zairil said when speaking at yesterday’s 2015 MSLS panel.

Evaluation
This section contains an evaluation of the article. Firstly, the people in Malaysia arguments appear to be biased towards they country and toward themselves because they have to stay in Malaysia to continue their life. If Malaysia going to bankrupt what will they do in the future because nowadays all the price is raising up. Not only for the gas to fill up the car tank but all the items to make a living. Every year in Malaysia government will increase the price of the gas to cover up Malaysian debt. Right now, all the fresh graduate will feel scared because it’s hard to find a job and if they get a job the salary is not enough to them to continue their life in Malaysia.
Another negative point about this article is that it is very argumentative with little support. An economist with a local bank tells StarBizWeek that he believes that the Government should have taken an even more aggressive stance to cut expenditure to maintain the original fiscal-deficit target at 3% of GDP for this year as part of the country’s economic reform plans.
Finally the people in Malaysia know if this case continued, Malaysia will go bankrupt because all the investors from the rest of the world did not trust the government of Malaysia. The main source or money that Malaysia get is from the oil business. The inflation rate was 1 percent in January after the government lowered gasoline prices to reflect falling global crude costs. While economic growth unexpectedly quickened last quarter on private consumption and investment, the government has lowered its expansion forecast for this year as it cuts expenditure amid lower expected revenue from oil.

References * http://www.themalaysianinsider.com/malaysia/article/markets-will-favour-ringgit-despite-plunge-says-minister * http://www.malaysiakini.com/letters/306037 * http://www.cnbc.com/2015/07/30/reuters-america-malaysian-central-bank-grips-ringgit-tightly-as-troubles-mount.html * http://www.wsj.com/articles/how-low-can-malaysias-ringgit-go-1438938355 * http://www.bloomberg.com/news/articles/2015-03-05/malaysia-holds-key-rate-as-ringgit-drop-reduces-scope-for-easing