The global recession finally arrives. It’s a new reality. Stock indices have been plunging. Oil prices, commodity prices, currency (except USD) follow suit. Get used to the new price level, folks! They may have seemed to be cheap 3 months ago but hey they may look pretty expensive tomorrow. As if it is not enough, some say the worst is yet to come. The bottom is yet to be found.
How bad can it be? Where is the bottom? It’s definitely a trillion dollar question. Unfortunately, no one knows the answer.
But the bottom is there, isn’t it? Eventually it will be discovered. The stock price will finally stop falling. People will stop selling. However, I know that this knowledge of certainty is hardly a consolation for anyone particularly those whose investment has been slashed by 50-70%. It is just like saying that everyone will die while what everyone really concerns (if they should) is when and how it will happen.
But, again no one knows the answer. It would remain a mystery. So let’s be content with one thing i.e. someday the bottom will disclose itself.
A friend asked if this current financial meltdown has got something to do with the Gaia Project 2012. I guess he is running out of plausible explanation about what’s happening with the global economy. Hm … maybe we should start looking for some alternative explanations ;-).
Friday, November 21, 2008
Wednesday, November 05, 2008
The Unprecedented Victory
I am blown away! Americans finally make the right decision. We should give them credit for this historic event. To make Obama as their president, they should earn great respect from people around the world who had disliked Americans over the past 8 years. After all, we all can learn and change.
Think about this: who would've thought that a black guy can be the president of the US when he, as a black guy, was not even allowed to vote some 40 years ago! Moreover, just around 140 years ago, the blacks in the US were slaves. What an overwhelming achievement!
I am just wondering if the same thing can actually happen in Indonesia. Will Indonesians be willing to look beyond the labels (be it race, ethnicity, sex or even religion)in the coming election? Will Indonesians choose capability over ethnicity or religion?
I want to believe that. But it's so hard. Some of them are thinking only for their own interests. Look at that stupid porn law among other things.
Oh, how fragile hope is. But Obama has shown us otherwise. I should dare to dream that Indonesians someday will take a great leap as Americans did today.
Thanks to you, Barack Obama! Thanks to your audacious hope.
Think about this: who would've thought that a black guy can be the president of the US when he, as a black guy, was not even allowed to vote some 40 years ago! Moreover, just around 140 years ago, the blacks in the US were slaves. What an overwhelming achievement!
I am just wondering if the same thing can actually happen in Indonesia. Will Indonesians be willing to look beyond the labels (be it race, ethnicity, sex or even religion)in the coming election? Will Indonesians choose capability over ethnicity or religion?
I want to believe that. But it's so hard. Some of them are thinking only for their own interests. Look at that stupid porn law among other things.
Oh, how fragile hope is. But Obama has shown us otherwise. I should dare to dream that Indonesians someday will take a great leap as Americans did today.
Thanks to you, Barack Obama! Thanks to your audacious hope.
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