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 ;-).
2 comments:
worst comes to the worst let's make a beeline to the middle of papua. we'll b safe there!! : )
yeah true that ;-))
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