The world economy at large

Well, rather than debating why this happens and why tht happens, lets just deal with the fact tht we cant control anything anymore, we cant speculate or chart the market trend or have a sure win formula tht gives us our passport to financial freedom….we are at the mercy of a group of bastards tht control everything in the fingertips, so why waste time trying to give different ideas on the recession or wht not. Look at who controls the economy people, it is the fuckers from wall street, those son of a bitch bankers from Goldman Sachs that made the Obama rescue the economy team and wht do u expect? So we are all fools being fed with crap. The only way out of this if everyone is the world from the main street knew of this fact and burn all those fuckers on a stake like how they did it to the witches in the olden days or  appocalypse and we restart everything again although  there is a remote chance tht the same shit will happen again because humans are fueled with insatiable greed. So in my opinion, since this world is so fucked up, why not join those stinking rich bankers and lead a pretentious comfortable life? Life is too short anyways and we are all going to hell rite?

An eruption of feelings

I’ve been running away from it, the  expression of feelings, the flow of thoughts, and how disruptive it has been to the life i should have lead, i thought this is the life i wanted, maybe i am wrong. Too be strong, i realised tht one must dwelve right into ones emotions and feeling and get to know oneself,,,, tht is enlightenment and nothing else really matters bcos the sky is the limit, everything else can be conquered but sometimes one forgets tht the only mountain to conquer around is you. Who are you? A simple, yet very profound question that sometimes a person never really did get to answer…and tht is wht we call a pitiful life. Are we working hard enuf, are we overworked, over exert ourselves? This mixed concoction of feelings is killing me… tht makes us human i think….but i dont want to be just normal human, to be caught in an endless spiral…..i need smthg different

The Future is Wild

Sometimes i wonder…. wonder on the predicament of our human’s journey, born and die, a fix path tht all must follow, but everyone perceive life differently, see it as optimistic or the other way round. But deep inside we’re just lying to ourselves, it serves no purpose. We leave behind a legacy, but even legacy doesnt last…nthg lasts forever. Our live are not ours to chose, it is just affected by random events….luck? Nobody knows… to make the long story short, it is they who chose us not the other way round. Life is a struggle, we all find the road to perdition, seeking it… but maybe there was no perdition after all. Sometimes u fell so infuriated with life, sometimes u feel so blessed, what are we clinging to exactly? Its all just a dream…wake up…..i want the truth right now!!!!

An indescribable feeling

So what is it about this feeling? Is it love at first sight or just a fling? At one time u feel attached to her and at another time u feel that u shudnt get in close proximity to her. She’s got a bf of 5 years and tht definitely means a whole lot to her. So wht if u just knew her for 2 days and the chemistry btwn us was amazing…bliss. She shares ur passion and she understands u…. is tht comparable to her loyalty and a sense of responsibility to her bf? About her bf, i wudnt know if he is real or just fiction. Maybe she is just not tht into you after all. Time to grow up to be a men and do wht men does and stop acting like a boy. I fell in love too many times and fall victim to it. Am i just tht naive and gullible or perhaps desperate? I’m feeling so vulnerable right now….

Economy and how dire it is?

    So up till the present time, we have witness several suicide cases by the elites and billionaires of society caused by the recession which became so mush worse in the past few months although we all know that it has happen at the end of 2007, but none envisage the situation to be much dire than it is. In Malaysia, CNY is around the corner and the Bursa did showed a positive outlook at the beginning of the year together with the RM70 Billion economic stimulus plan introduced by the government but the rally was shortlived and Malaysia together with the neighboring countries like Singapore, HK, Japan has slipped into recession. Singapore has also further reduced their GDP forecast recently. British Pound is tumbling down and it only seems to be getting worse and maybe joining the Euro would sound like a good idea at all, ego has to be set aside. The Yen and USD has been pretty strong lately and this is likely linked to everyone taking out their investment and putting it into safer investment like Treasuries Bond and the such. Is the economy going to recover in 2009? Nobody knows the answer and hopefully with the inauguration of Barack Obama just a few days ago, it would bring forward the much expected recovery and growth to the nation and eventually other part of the countries will follow suit. If people think China is going to be the one that saves the world, think again. Yes, China is pretty much self sufficient, but their export and import has suffered a bad hit and their largest customer is the US. So if  US is in a trouble, wouldn’t u think China would get in one too not to mention the fact that their largest reserves is in USD. China will one day be the leading power, but not now. Factories are being closed there and millions are jobless with millions more soon to be graduate to suffer the same fate. There would be unrest among the people and riots could happen. Why i say this is because their social system is not fully established yet. In many developed countries, if one i jobless, the government will take care of the people by giving social aid, medic care and the such, but China doesnt have all those yet and that will pose a big problem. Yes, there is some controvery regarding the Gaza War and how US is linked to the funding of Israel’s pursuit of annihilating the city which caused innocent civiliants their life, but no one is perfect and although this sounds selfish and heartless, we have bigger problems at hand and everyone should focus on working together to build bridges, not walls. Boycotting US products would not do any help to the global economy and it sounds very foolish to do so. Just admit it, US products is embedded in our life and we cant survive without it. Hell i wouldnt be typing all this if it wasnt because of US products. The people are just focusing on the wrong aspect of things to bring forward changes. Anyway, i will update as soon as i am back from JB.

The comeback

                 After months of recluse, I have decided to give blogosphere another chance. This time it would still be about business, personal finance, investing and perhaps life itself. I hope my two cents is worth it for all to ponder about and may improvements come about in our life in the new year. Before tht, cheers to the revival of this blog….the inaugural opening ceremony will start next year and I hope this time my blog would be something that I would be proud about since I have spent the past few months reading and increasing my knowldege in order to have a better judgement on the predicament that all of us are in right now. See you folks next year and this is to a new beginning!!!

Oil and beyond

Huh, oil is trading at around $146 per barrel now and some say it’s because of the speculators, supply and demand, the US and so on. The fact is, everyone is just trying to blame another party for this shit. Big companies are blaming it on the speculators to push the notion that they are partly responsible for this and trying to prevent the government from imposing the high taxes to them, but tht will happen sooner or later if Obama was to be made the president. OPEC blames it on the demand, not the supply as their supply has remained consistent throughout. Big oil companies in the international arena forces the oil rich nation to loosen the rules so that they can find more oil reserve. But as the price of oil increases, these companies would be more willing to find oil reserve faster using more sophisticated technology. Something’s gotta give i’d say.

I went to college and talked to a bright guy today, he said he was going to buy a BMW Z4 as the prices are decreasing really fast. I asked him if it was viable with the oil price and all, and he said the oil increase didnt really hurt him at all and and he said tht probably was the case with everyone else. I agree partly, but the oil price cause a chain reaction into everything we buy and sell and it affects the prices. Some will of course take advantage of the situation.

I am going to take my law degree soon, i was wondering whether it was a right choice, i like law, but i like business more. But come to think about it, business really isnt smthg tht is to be learnt from text books. You could just do regular reading by buying some business books in MPH and voila, you are business literate. Forget the jargon and all. We’ve got to look at a general view in order for use to succeed in business. We take a degree, we hope we get a high paying job. $2500 a month , and then by taking the other course, you might command a salary up to $10K. Wht the hell is all tht about men? Why limit yourself on how much you can earn? In fact, u should learn because you want the knowledge that is going to bring you far in life, not give u good job and high salary. Thats tunnel vision. Look at the bigger picture and stop being so specific unless you want to get a $10K job. I know i dont want tht because i wanna earn unlimited income and earn financial freedom as fast as possible.

Food Crisis

Food prices are accelerating so fast in the past few weeks after the rise in tho oil prices that my mom reduce the number of dishes from 3 to 2. The soup is out of the picture now. Now as we can see, the medium income group and below is starting to feel pushed to the edge and god knows how long this will last. People’s patience and pyschology are being tested and thus, this will lead to political turmoil in the country with protest happening everywhere. In Haiti, this cost the president his job.

Well, the reason why its happening is  because the rise of the middle income group. Food consumption is skyrocketing as the middle income group in countries like China and India is rising as they are a part of the BRIC group. People are starting to eat better food like meats and that leaves a sudden increase in demand and supply wasn’s sufficient. But there was a theory from Thomas Malthus, an economist from britain that went on and say tht the worlds population is growing geometrically  but food supply is growing arithmetically. This, I think wouldn’s happen in our life time but it may occur in around 2060 where the worlds population is estimated to increase to 60 billion according to UN’s research. Corn prices are rising rapidly to and the recent flood in Iowa does’t help to that. Iowa is a state popular for its corn and price per bushel increased from $4 to $7 and there is a possibility that it will hit $10. Corns are used in various way like in cereals, food for the dairies, and so on. Furthermore, some are using it as ethanol to replace oil. That was the stupidest idea ever because of the food price hike that it causes. Now farmers are growing them for industrial purposes rather than for consumption. Lands weren’t enough anymore. But my prediction is that it will readjust itself as demand heightened, supply would also come in. We just need to give those farmers time. Untill then, we need to buckle our seat belt and go through with the inflation.

Food prices are the least of our concerns now because the next big thing to hit mother earth is the water crisis. There is severe lack of clean water in Africa and China where 2/3 of the water is not clean. And then there is water wastage and old lead pipes that haven’t been replaced for years that could cause severe pollution. This is from one crisis to another, till then, tata.

Return alas!!!

Sorry guys, i have been a little preoccupied lately after the exams are over. By that i mean hanging around and loittering in malls. I still couldn’t accept the fact that exams are already over and that leaves me with basically nothing else better to do. Feel a bit useless sitting at home doing nothing but watching some DVD’s tht i bought. I was planning to keep that for saturday night entertainment where beer and pizza at midnight is going to accompany me, but apart from all tht, i am gonna find for a job tomorrow.

Ahh yes, the oil prices went up 78 cents or so i’ve heard to RM 2.72 if i am not mistaken? And then the whole crap about subsidising cars below 2000 c.c. OK, i wouldnt complain about tht since i am going to get a chunk out of the rebates. It is inevitable that oil prices will continue to go up and it is hovering around $140 as of today and the possibility of it hitting $200 at the end of this year as analysed by Merill Lynch. Basically the price of cruse oil is being brought up by speculators as all of us has already known. The supply of oil is enough for the whole world currently and OPEC has reconfirmed that. I am sorry if i dont have the figures because i am writting this without refferring to any sources because it is late and i need to get to bed. Despite the growing oil consumption in China as the middle income group increases significantly as well as in India. The right price for oil should be around $110 and below. It is the right time to buy commodities now i must say because the market is so bullish and it looks like a gold mine now for investors. You can start investing in the Dow Jones or S&P and according to Jim Rogers, our commodities guru, the history has proven that commodities bullish period can last around 18 years, meaning we still have a decade more to go. So start putting your money in baby!!!

Mr.Buffet’s advise

To all students our juniors out there, if u really wanna be successful in the investing world, u need to only know two things:

1) Evaluation of a business model

2) Know how to see stock fluctuation

Depicted from Berkshire Hathaway AGM recently. Buffet and his sidekick Charles Munger was there answering questions from the crowd as young as 9 years old. There’s lots more to share but i am kinda busy right now. Gotta have a quick look through Offer& Acceptance, Consideration, Legal Intent, Capacity, Remedies, Mistakes, Misrepresentation, promissory estoppel, Non Est Factum and bla bla bla. And there is a pending work on a 3 page essay on business studies. tata for now