Tuesday, February 10, 2009

The Sign

No matter how much you do NOT wish to believe,
No matter how much the Governments trying to make you NOT to believe,
The Sign is,
Things are getting Worse Everyday, Everywhere.

Look at France.
Only recently, 1 Million workers marching on streets, protesting the Government were NOT helping those need Help Most!

Look at India.
Only last week, 600 of the over 1,600 stores of the India Largest discount retailer had been broken into & robbed.
Because the retailer did not have enough cash, due to the Credit Crunch, to pay the 600 store Securities Staff!

Look at China.
Within the last week, 1 in 6 Rural/Village Workers are returning to the Major Cities only to find themselves most likely, Unemployed! That's ONLY 20 Million of them!

Look at USA.
The Unemployment Rate hits 7.6%.
And in some worse off states, like Southern California, the Unemployment Rate in small counties are hitting 20%!

Look at Australia.
Although the IMF has once stated Australia is much better placed, it has changed its tune recently.
Although the Rudd Government has once showed Confidence in handling the Crisis, it has "Suddenly" discovered a Big Hole last week - a Budget Deficit estimated to be A$115 Billions = 6-month Total Tax Revenue of the Entire Country!

Within the last few days, I saw the Channel 7's "News Flashback", showing back in the 30s, during the Greatest Depression, the Unemployment Rate in Queensland State was......









30%!!

Almost 1 in 3 adults were out of jobs at the time!
Although many of them wearing Gentleman Clothings (e.g. suit & tie), they did NOT behave like one - pushing each other hard to fight for the free food being distributed!

And only last night, I happened to watch a TV documentary, "The Perfect Storm", showing how Tough the current situation is for may business and people in Australia. Have a look of the following Link yourself.

http://www.abc.net.au/4corners/special_eds/20090209/gfc/

Be well prepared my Friends.
We have yet to see the Worst.

Fate
Ignore the Sign, Regret for Life

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