Tuesday, April 21, 2009

The Beatles

I remember the 1st cassette tape, No, NOT CD - I'm that Old!
The 1st tape I had in the Mid 70s was "The Greatest Hits of the Beatles"

"When I found myself in times of trouble......"
Yes, "Let It Be".
For those losing 50% (if not more) in the shares would certainly remember this oldies.

"Help! I need somebody......."
Yes, "Help"
For those asking the Government to Help, have all these "Stimulus Plans" really Helped?
Japan is to launch the 4th and Australia is ready for the 3rd!!

"The Long and Winding Road........"
Yes, this is definitely the case.
No Recession in US after the Great Depression had lasted longer than 15 months.


Well.....well.....well.........UNTIL this one.

The Current Recession in US was confirmed in Dec 08 that it had started in Dec 07!!
So....with the help of my fingers.....
The Recession has ALREADY pasted 15th month and into its 16th month.

And there is NO Sight of its Ending.

In fact, the Current Recession, which I call the Greatest Depression.
And the IMF calls the Greatest Recession is looking increasingly like the 30's Great Depression.
(Enough Confusion?)

It had taken the Wall St 33 months to reach the Bottom in the 30's Great Depression.
So, if History is to repeat itself and to repeat in the Exact Format - we're only Half Way there!!

And now even Australia, which is much better positioned than any other Western Countries, cannot escape "Recession".
Unemployment now hits 5.7%, with 1,000 people losing their job EVERYDAY!!
(http://www.abc.net.au/4corners/content/2009/s2544841.htm)

Let's hope the Good Old Memories of the Beatles can Help us all feeling better in this "Never Ending Battle"

"Battle Against the Greatest Depression"

"Hey, Jude, don't make it bad......."

Fate
Stay Happy. Stay Healthy

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