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Tuesday, October 21, 2008

Econs !

Hmmmmm, my speculation was not so wrong after all. hahaha.
this is to prove to my friend who do not agreed to what i said 1 month ago. :
taken from nst :

“The US economy is undercapitalised.

An internal solution is usually one form of debt replaced with another.

The current proposals fall into this category.

“When the shell game runs out of options, printing money is the only way out. That will eventually lead to the US dollar collapsing and hyperinflation in the US economy.” From Xie’s standpoint, countries with big foreign exchange reserves, such as China, Japan, Kuwait, Saudi Arabia and the United Arab Emirates, should talk with the US and then “swap their US dollar assets in debt instruments like treasuries for equity assets like stocks”.

i am not an idiot after all. hahaha
ok more down here.

The US is reluctant to let foreigners become majority owners of its big financial institutions. But it may discover that it does not have a choice.

As Xie said: “The US still has an unrealistic view of itself. Even though the US is the largest debtor in the world, it behaves like the largest creditor. Americans may need much more hardship to change their attitude.” As for China, it should realise that self-interest dictates that it do everything possible to help resolve this global problem. All countries are in the same boat and no one can be shielded indefinitely from its ramifications.

( taken from Frank Ching in NST column )

Rainy days !

Been raining heavily outside, so many unexpected thing have happen lately. i always think that we are invulnerable, that we are above law and no one can touch us. until the call that could threaten us arrived and most who are involved in the case are caught.

Guess we are not so invulnerable after all. well you have to pay for what you do. that is the advise peter gave me. i have taken my position too seriously i guess.

well i think i should concentrate on my new found business more than others stuff.
my bro told me i have changed, i do not really take what i say seriously anymore.
i think growing up and gone through the process of meeting all sort of hypocrite could change a person, or maybe i am just trying to protect myself.

Hopefully this new business plan could help me make some money. and i could be myself again. is it that i am changing or people around me are.

Hope that sun will shine soon, and my darkness will turn bright.

for those who know the stories, don worry i am out of it. since i have not directly involved in the case. i am not that strong after all.
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