Friday, June 20, 2008

Cenggini baru best....

Thanks Azam for your time. I really hope more of us can spend some time contributing their materials to this blog, as we have members from various background, residing in different region, culture, climate etc. It believe it would be nice if each of us could write something here.

Anyway, talking about the economy, I think its going to take sometime for the economy and especially the KLSE to go back into high gear. This is because the situation right now is not about the region, like the previous one, but something of a global scale, the inflation.Imagine people around the world losing their monies and all are being sucked into the middle east.The richer the middle eastern governments are, the more monies they can hand out to the hedge funds, and the more monies handed out to the hedge funds, the higher the petrol price is going to be.The higher the petrol price is going to be, the richer the middle eastern government will be and the cycle will start all over again and leaving us with less money!

The only opportunity to reverse the cycle around here is to make the speculator start making money by "shorting" the market. Then only we can have some breathing space. I hope the media could start playing the negative song about the global economy soon, so as to hint to the speculators to start selling and create a negative cycle.

One thing I can say about the government is that they are not creative and entrepreneural enough to take care and solve our problems. Obviously they are not leveraging sufficiently on our resources to combat the rice price hike, gasolene price hike etc. In short, they are not thinking enough.

Anyway AY, thanks for the material. Pendekarg, Ron, Kodiang, Pak Salih and others, please dont hesitate to publish your materials here. Just send them to me.

Rgds.

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