It is funny to see some recent Headlines.
"China is to implement its Biggest Economic Stimulus Plan"
Yes, it is Huge in Numerical term - RMB$ 4 Trillion, US$586 Billion.
Let's look at the figure in another way.
There are 1.3 Billion people in China.
So, it would be about US$450 ONLY Per Person!!
"Japan, the World's 2nd Largest Economy, is now in Recession"
Sorry, I always think Japan has NEVER come out of Recession since its bubble burst in late80/early 90!
Some property still losing about 50% of it peak value after 18 years!
I was once told Japan had 3 Recessions in the 90s!! This explains why its interest rate is always c lose to 0%!!
Even its World's No.1 Car Maker, Toyota is speculated to lose its AAA rating.
"G20 Summit is discussing the Current Global Crisis"
Yes, ONLY discussing and NOT actually solving the problems!
After all, G20 has indeed reminded me "G2000" - the HK clothing retailer - Both are for Good Looking ONLY!
"UBS, the Swiss Banking Giant, is to follow Goldman Sach to suspend Bonus Payment to the Management"
Why are the Greedy Executives being paid for Taking Greater Risk for their OWN Greater Bonuses? And it's everyone else other than these Cunning Executives to foot the Giantic Bills when things go wrong?
The Rumour stated the reason why US Government NOT rescuing the Lehman was because its Board still proposing a "10 Million Bonus for Executives" on its book when begging for Public Money!
"Citi Group is to shed another 52,000 Job"
One may wonder why it needs so many staff from the start? To "Hard Sell" Sub-Prime related products?
And of course the Quickest Way to ensure "Profit" is soon on the horizon is to fire frontliners, saving for example, US$20 Million in cost and..............yes, to pay for the US$10 Million CEO's Pay Package!
It's NOT Funny that Wall St fell over 2.6% overnight, getting closer once again to the 8,000 Mark and Australian Market is at its New 4-year Low.
It's LEAST Funny to see More Roller Coaster Ride in days ahead!
Fate
Never Lose your Sense of Humour or to Lose Your Future
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There are NO Secrets about Investing. In fact, there are NO Secrets about Life at all. But most people tend to forget this and therefore keep searching for the Secrets of Being Successful, Secrets of Making Millions, Secrets of a Happy Life etc. I am only here to remind you all : There are No Secrets. BE KIND THEN EVEYTHING COMES TO YOU.
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