"Investors Dump Indonesia Stocks as Prabowo Flexes Market Muscles"

Ladies and gentlemen, buckle up! The Indonesian market is in turmoil as President Prabowo Subianto flexes his economic muscles, and investors are running for the exits. Prabowo's recent initiatives, including the establishment of the sovereign wealth fund Danantara and the introduction of gold bank services, have sparked controversy and uncertainty, causing a massive sell-off in Indonesian stocks. Let's dive into the chaos and figure out what's really going on!



First things first, let's talk about Danantara. This sovereign wealth fund is a super holding agency designed to consolidate the management of Indonesian state-owned enterprises while optimizing dividends and investments. In its first phase, Danantara will invest a whopping 20 billion U.S. dollars in at least 20 strategic projects across the country. These projects focus on nickel, bauxite, and copper downstreaming, the development of artificial intelligence data centers, oil refineries, petrochemical plants, food production, and new and renewable energy. Sounds great, right? WRONG!

While these initiatives are designed to attract significant investments and maintain domestic market stability, they have sparked public controversy and uncertainty. Investors are worried about the government's heavy-handed approach and the potential for market manipulation. The market hates uncertainty, and Prabowo's aggressive moves have created just that.

Now, let's talk about the gold bank services. Prabowo introduced the country's first gold bank services, claiming that it would increase Indonesia's gross domestic product by up to 245 trillion rupiah (around 15 billion dollars) and create 1.8 million new jobs. But investors aren't buying it. They see this as another example of Prabowo's market manipulation, and they're not happy about it.



The result? A massive sell-off in Indonesian stocks. Investors are dumping their holdings in droves, and the market is in freefall. The Jakarta Composite Index has plummeted by double digits, and it shows no signs of stopping. This is a bloodbath, folks, and it's all thanks to Prabowo's market manipulation.

So, what should you do? STAY AWAY! This market is a minefield, and you don't want to get caught in the crossfire. Prabowo's aggressive moves have created a toxic environment for investors, and it's only a matter of time before the market crashes completely. Don't be a hero, folks. This is one fight you don't want to be a part of.

In conclusion, Prabowo's recent economic initiatives have sparked controversy and uncertainty, causing a massive sell-off in Indonesian stocks. The market is in turmoil, and investors are running for the exits. STAY AWAY from this market, folks. It's a minefield, and you don't want to get caught in the crossfire. This is one fight you don't want to be a part of.