Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

Saturday, December 29, 2012

Utopia

So this blog survived the apocalypse. Boo the Mayans!

But we're approaching the end of another year. In the midst of more (economic) uncertainty, I hope 2013 will be a better year for all of us.

The world is pretty much border-less already. At least for money anyway. Goods are still subject to few restrictions and duties, but you can get pretty much anything from anywhere nowadays. Unless you are importing bombs or some radioactive materials.
As the world become borderless, so is the government control over its subject. One who does not like one's government's rules and regulations can simply go somewhere else. Just like FBs Saverin, and a few other billionaires who moved to Singapore, or the French who move to London because of Hollande's tax policy.
The same can be said in economic and monetary sector, the world is so closely connected and linked today that every individual government's policy will eventually affect the other nation, whether they like it or not.

Beneficial policy (at least for the taxpayer) like low tax rates in Ireland and Singapore, attracts talents and corporation. Countries who wants advance their ranks therefore have to compete by issuing even better policy. And this is a good thing for the global citizen.
On the flip side, this global competition have side effects, for instance, with the Fed pumping money into the economy, they have effectively exporting inflation to other countries. Some analyst worried that this will spark currency wars.

I will end my ramblings for now. Two posts in a day is a bit too much, and on Saturday even!

Sunday, May 06, 2012

Ok so the bomb is dropped. I have to relocate for work, otherwise my boss will let me go.
Well, in a way, its a good thing because I need to move forward with my life.
I've been stuck for quite a long time in my current job. I see no advancement nor work satisfaction in terms of meaningful achievement. In other words, I just work for money, and my boss' money. I don't feel like I have helped anyone in a meaningful way.
Now I have a chance to do real work again, meet new challenges. I have a lot of options in front of me, but I can say that I'm a bit afraid. And uncomfortable with the changes that lies ahead of me.

Anyway, in this slow and boring weekend with nothing to do, I'm kind of in the middle of two good books.

End This NOW! Quiet

Who knows economist is so important. Since my college days, I thought that economist does nothing but talking and promoting their opinions. Which.. sort of true in a way. What I didn't realize is that how much impact they make on peoples' life when some world leaders or monetary authority listen to them. (PS: I went to the Economics faculty myself, being an accountant by education.)

The second book is about introverts, their traits, and how to use their "power". The author thinks that the world tends to be 'extroverted'.. or in favour for extroverts. I've read only the opening chapters.. but its a very interesting one.

Friday, May 07, 2010

Just wondering how much power rating companies like Moodys or S&P have over the economy, or a country. I wonder what will happen to Spain or Portugal. I bet there are some people who are very mad with them right now XD