I typed this blog last 2 weeks, couldn't remember the date though maybe around the first week of Hari Raya...
"Reluctant I am to touch on the issue yet the situation persistently keep nagging me. The state of affairs seems to have no OR less impact upon our nation’s society or maybe the circle I am in just not into the economic issue. Recently, dubbed as a ‘giant’ corporation in one of the developed country in the western region had collapsed and that country is scrambling an effort to save the whole state of affairs by giving a ‘hand’ into the matters. The situation is still pending till now.
When the first time this news erupted, it has snared my interest and got me into thinking that PERHAPS it might leads us into another economic chaos as happened in the late 1990’s (God forbid). People around the world especially developed and ‘active’ developing countries will be affected by this. And no doubt, we might feel the heat as well.
I remembered a week into the issue, one of the local newspaper had published a story regarding one of the sub-company of this ‘giant’ corporation where it stated that the locals that has ‘interest’ in the company assets were not as worried as those in our neighboring country (a day before the newspaper showed a picture where people flocking outside the same company in another country trying to get reassurance) It makes me wondered, are we really that ‘sure’ of the guarantee given to us by this foreign company or are we simply ignorant of our surrounding.
Then there’s another health threat issue that also can lead to a thriving nation’s economy come into a sudden halt IF it gets worse than it already is, the price of ‘oil’ that becomes as unstable as the global stock market and now, another financial corporation in europe is facing the same dilemma as the ‘giant’ corporation. How will all these going to affect the global market? Should we (the nation) ignore this? I THINK that the nation should start addressing this issue slowly, as not to start panic, but surely by advising the population to be more careful of their financial affairs. Give the population a nudge to make them see what is happening. Just because it does not happen here doesn’t mean we won’t get the brunt of it.
Then again maybe I should not delve further into this issue as I am NO expert about it. But seriously, it piqued me to notice that no one else seems to notice..."
"Reluctant I am to touch on the issue yet the situation persistently keep nagging me. The state of affairs seems to have no OR less impact upon our nation’s society or maybe the circle I am in just not into the economic issue. Recently, dubbed as a ‘giant’ corporation in one of the developed country in the western region had collapsed and that country is scrambling an effort to save the whole state of affairs by giving a ‘hand’ into the matters. The situation is still pending till now.
When the first time this news erupted, it has snared my interest and got me into thinking that PERHAPS it might leads us into another economic chaos as happened in the late 1990’s (God forbid). People around the world especially developed and ‘active’ developing countries will be affected by this. And no doubt, we might feel the heat as well.
I remembered a week into the issue, one of the local newspaper had published a story regarding one of the sub-company of this ‘giant’ corporation where it stated that the locals that has ‘interest’ in the company assets were not as worried as those in our neighboring country (a day before the newspaper showed a picture where people flocking outside the same company in another country trying to get reassurance) It makes me wondered, are we really that ‘sure’ of the guarantee given to us by this foreign company or are we simply ignorant of our surrounding.
Then there’s another health threat issue that also can lead to a thriving nation’s economy come into a sudden halt IF it gets worse than it already is, the price of ‘oil’ that becomes as unstable as the global stock market and now, another financial corporation in europe is facing the same dilemma as the ‘giant’ corporation. How will all these going to affect the global market? Should we (the nation) ignore this? I THINK that the nation should start addressing this issue slowly, as not to start panic, but surely by advising the population to be more careful of their financial affairs. Give the population a nudge to make them see what is happening. Just because it does not happen here doesn’t mean we won’t get the brunt of it.
Then again maybe I should not delve further into this issue as I am NO expert about it. But seriously, it piqued me to notice that no one else seems to notice..."
Peace & Save da World & da Economy; xoxo
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