Posts tagged as:

Economy

I’m confused over what’s going up and what’s going down

February 26, 2009

Lately we’ve been bombarded with news almost every single day with prices of things going up and down. I find it all very ironic.
First, the banks lowered their charges on credit cards but the government felt that it was not low enough and urged the banks to reduce it further. Then came the announcement of [...]

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Newly unveiled US financial plan causes market and oil prices to drop

February 11, 2009

The new US financial stimulus package has just been announced under the administration of President Obama and the immediate effect of that is a drop in the stock market as well as a plunge in oil price.
Many find the financial package a little too general with no specific measures to help the current global economic [...]

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US dollar and British pounds are doomed

January 20, 2009

Well this isn’t my theory, of course. Legendary investor Jim Rogers thinks that the US dollar is heading towards doomsday. And so is the British pound. In fact, he thinks the pound is headed towards more doom than the US dollar. On the contrary, I’ve read recently that since the pounds has come down in [...]

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Would you quit your job as a way to boycott the US?

January 12, 2009

In the recent Gaza attacks, there have been calls to boycott buying US products and the US currency. We have always been exposed to all kinds of boycotts here so I wasn’t surprised by these calls. But what I found to be totally inappropriate were urges to those who work for American companies to quit [...]

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Even the sex industry needs a bailout!

January 8, 2009

I read with amusement about how the pornography industry in the US is coming out to say that even their business is affected until the extent of needing a government bailout. And the amount of bailout is not exactly a small amount, totaling some US$5 billion! That’s a lot of money to sustain this very [...]

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