Impact on Malaysia’s Economy and Financial System Due to Overland’s Invasion

Overland’s invasion did not only destroy the country’s governance and security systems, but it also completely crippled Malaysia’s economy from both within and outside.

Within months of the war’s outbreak, the Malaysian Ringgit lost its value, the banking system collapsed, and citizens were left without financial resources to survive.

Malaysia transformed from a thriving nation into a shattered territory entirely dependent on the occupiers' economic system.

Total Collapse of the Malaysian Ringgit

✅ The Malaysian Currency is No Longer Accepted in International Markets

• Following the fall of the central government and attacks on financial institutions, the Malaysian Ringgit (MYR) lost all its value, similar to what happened to Iraq after the U.S. invasion.
• Foreign nations refused to accept Ringgit in trade transactions, leaving Malaysia unable to import essential goods such as food, medicine, and fuel.
• Citizens who attempted to use Ringgit to purchase goods soon realized that their money was now worthless, similar to the "banana money" of past wartimes.

✅ Cash-Based Economy Ends, Citizens Shift to a Barter System

• Without a functional banking system or currency, people resorted to a barter system to obtain essential supplies.
• Food, medicine, weapons, and fuel became the new "currency," with prices determined by supply and demand.
• Those who had stockpiles of food or essential equipment became the most powerful figures in post-war society.
• Theft and robbery cases skyrocketed as desperate people fought for survival.

✅ Traditional Businesses Collapse

• All local businesses that relied on transactions in Malaysian Ringgit shut down, including supermarkets, grocery stores, and industrial factories.
• Multinational corporations operating in Malaysia withdrew as the nation’s economy ceased to function.
• Small and medium business owners lost everything as they were unable to replace Ringgit with another currency.

Gold & Silver Savings Become Useless for Bartering

✅ Citizens Who Stored Gold & Silver Were Disappointed

• Before the war, many Malaysians had invested in gold dinars, silver dirhams, gold bars, and jewelry as a financial safeguard.
• However, as the barter system replaced cash, gold and silver lost the value people had expected.
• People preferred to trade food, medicine, bullets, and weapons rather than gold.

✅ Half a Kilo of Gold Was Not Enough to Buy a Cow

• In the black market, a gold owner attempted to exchange half a kilo of gold for a cow.
• However, the cattle farmer refused, as the cow provided a continuous supply of food and milk, whereas gold could not be eaten or used for survival.
• Only those who still believed in the future stability of the economy accepted gold, but at extremely low exchange rates.
• Instead, a bag of rice, a box of antibiotics, or a pistol held much higher value in the barter market.

✅ Essential Goods Were Prioritized Over Precious Metals

• In Overland-controlled cities, gold and silver were still accepted for official transactions, but only in large amounts.
• In rural and guerrilla-controlled areas, gold lost its importance as food and medicine became the priority.
• Gold owners were ultimately forced to surrender their savings at low prices just to obtain basic necessities or protection.

Banking System Collapses & Citizens Lose All Savings

✅ All Major Banks Were Shut Down or Seized by Overland

• Maybank, CIMB, Public Bank, RHB, and all other financial institutions in Malaysia were taken over by Overland’s military administration.
• Banks that were not controlled were shut down as the international banking system no longer trusted Malaysia as a stable financial entity.
• Debit cards, credit cards, e-wallets, and online banking became useless as Malaysia’s digital financial system was completely disabled.

✅ Citizens' Bank Savings Were Frozen

• Malaysian bank accounts were completely frozen by the occupying forces, causing many to lose all their assets and savings overnight.
• Those who had saved their money in banks were now forced to live in poverty without access to their financial resources.
• Overland only allowed citizens to access their money if they pledged allegiance to the new government, forcing many to surrender just to survive.

✅ Muslims Lost Their Hajj Savings & Had to Abandon Their Dreams

• Citizens' deposits in the Lembaga Urusan Tabung Haji (Hajj Fund Board) were frozen and seized by Overland, causing millions of Malaysian Muslims to lose their lifelong savings for performing Hajj.
• With the financial system collapsed and strict control over international travel, Malaysian Muslims could no longer perform Hajj or Umrah.
• Many who had been saving for years had to accept the heartbreaking reality that their dream of visiting the Holy Land would never come true.
• For those who still wished to perform Hajj illegally, it became impossible due to the strict travel restrictions imposed by Overland.

✅ Assets & Properties Were Confiscated

• Land, houses, and businesses owned by Malaysians were seized by Overland forces.
• Most of these assets were given to Overland investors who now controlled Malaysia’s economy.
• Malaysians who lost their homes were forced to live in refugee camps or as homeless individuals in urban areas.

Malaysia Becomes Overland’s Economic Colony

✅ Malaysia’s Economy Was Completely Controlled by Overland

• All major economic sectors were dominated by Overland companies and government.
• Any financial transactions could only be conducted using Overland’s currency, stripping Malaysians of control over their own economy.
• Local companies were forced to become subsidiaries of Overland corporations or were shut down entirely.

✅ Society Became Dependent on the Underground Economy

• The black market became the only way for citizens to obtain food, medicine, and fuel.
• Crime syndicates and underground gangs took control of economic activities in major cities.
• Human trafficking flourished, with people being sold as forced laborers or sex slaves in an expanding underground economy.

Conclusion

📍 Malaysia ultimately fell into an economic crisis with no way out.
📍 No words can express the sorrow of Muslims who saved their entire lives for Hajj, only to lose everything.
📍 Overland now fully controls the nation’s economy, making Malaysia an economic colony with no freedom.