Wednesday, October 29, 2008

The World Economy is Going Crazy n Crazier... The Craziest I've Ever See...

mornin!! kepada sape2 yg menjenguk blog nie... this post will be different than previous posts.. well.. previous posts just posts about me having a blast.. good times.. hurmm.. that is just me.. the more i'm having fun means i'm getting more troubles than always.. i'm trying to learn about myself everyday.. the more i tried to.. the more i understand myself.. n raise even more questions.. to meke everything short n sweet.. i will hv fun if i hv problems.. it will keep the problems out of my mind.. n definitely will turn all the negative charges inside me to become positives.. call me optimist.. call me anything u want.. but i am just me.. a normal human...

enuff of talk about myself.. it wuz just an introduction.. i hv a lot of interest.. one of them is economy.. shoot me any question u could think of.. i could relate the economy we hv today with ur life.. our daily life.. i've grown my awareness about economy in a long time.. long story short.. ever since i came here.. my sensitivity about this topic just like i hv a multi millions multi national company(i wish).. every little change in the politics n economy will hv enourmous effects on us.. a lot of people doesn't realize the effect immidiately... some effects are to small to realize.. but.. if u only realize it when u hv been kicked out of ur work.. i think that is just too late...


i follow US economy very closely.. i'm not pro america.. but like it or not.. changes in US politics n economy will hv effects if not to the rest of the world.. many countries will.. including malaysia.. a few facts that u might or might not know... crude oil prices reached its all time high($150usd/barrel) just a couple of months ago.. it wuz rising steadily since a year ago.. but wuz traded at $65usd/barrel the last time i checked(a few days ago).. more than half of the price at its peak.. why? everyone at my age will remember 1997 economy downturn... mayb a lot will remember 9/11 tragedy.. n some will remember the london bombing... it is just a few of things that trigger the economic south(when i say south i mean down.. it is just a an economic term..)... let us turn some history books pages n take a look at america's 1930's economy depression.. the reason is.. wut happen now.. will be similar if not worse than wut happened in US that time.. n thanks to globalisation(should i say thanks??) the effects will be feel by all of us...

by the time i'm writing this.. there hv been n will be millions of people losing jobs.. stocks prices all around the world is falling faster than rollercoasters... that means the poor will be poorer.. n the rich.. well.. they wont get poor.. but they'll lose a lot of money.. for those who keeps their money in bank accounts.. never invest in any form of stocks market or currency trading wont see this.. but.. dont be shocked if one day ur money in ur bank account is lost because the bank u save ur money in is declared bankrupt...

huhuhu.. dont be panic.. it just the worst case scenario.. hopefully things will never be that way... for the guys live in japan.. if u hv any savings.. wired, send, use western union ur money to malaysia as soon as u could... a few hours ago i checked the exchange rate wuz 38.xx n a few minutes ago it wuz down to 35.xx... u dont know where this will be heading.. it wuz hard to get even 30.xx afew months back.. but the rate changes almost 3.xx overnight.. lower or higher this could be considered a bargain to exchange ur money n save/invest in malaysia...

there will always a bad n good side when something happens.. depends on where u're standing n ur way seeing things... anything is possible.. luv to make this long post longer... but i think i will continue it in part 2.. gtg guys...

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