Monday 22 December 2008

Hi...guess still lapsing on story telling I guess....been a though few months ....just waiting to go back home after this assignment...The thought of spending the holiday far away from the family especially from my boy n gal...really strikes a big blow occasionally to the mind....

So the nation of Malaysia is rather moving backwards rather than what the crowd is told about...The rate of retrenchment ,VSS,unemployment is rising...The price of oil is on a downward trend..but our goods price is still market high....

Where are we going to go from here....As my friend put it to me today...as the price of good will start to fall down later..but is the oil price is going to be the same....All oil producing nation are trying their best to raise the oil price by reducing output.....so eventually rather now or later the oil price will start to rise again....so the million dollar question is as the goods price were on the verge of dropping,will it sustain in the hike of oil price again?Inflation is going go up again rather than down...thus another avalanche in the making....

If someone wants to know how bad is the economy...just see the shipping trend....The amount of ships laid out throughout the world is mind boggling...The view over Singapore's coast line at their anchorage areas...the amount of vessels being laid up is increasing vastly...The amount of goods being transported is so less that the vessels have virtually lost their business overnight.Big shipping companies are cutting down/down sizing to a new level unseen in the previously booming industry.....

My thought is now with those back home,whom a lot have been retrenched,contract terminated or continued....So help us god to overcome this turmoil as bad economy in most countries(developed mainly) ,spells a big trouble for our African nation friends...whom some if not a great number depend on the UN food program....

Help us god.....Amen

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