EvaBarcelona
..i read ur blog...and i feel happy with it.. ur a great blogger...
Blog Detail
The World I Know
http://danielngsh.blogspot.com
Blog for the global economic views
- Author: Daniel Ng
- Listed in: Economics
- Tags: business Marketing finance investment stock market economics
Recent Posts
$23 Quadrillion For A Packet of Cigarettes!
Josh Muszynski swiped his debit card at a local Mobil gas station to buy a pack of cigarettes for a few bucks - only to find his card charged $23,148,855,308,184,500. He was one of the many people hit by a VISA system glitch.In case you can't figure ...
The Recession Is Actually Getting Under Your Pants!
Ok! We can learn something new everyday, came across this article on MSN Money titled " How your undies track the recession!", this made me chuckle. According to economist Alan Greenspan, the former Federal Reserve chief, underwear sales are a great...
PASSAGE OF TIME LEAVES OUT NO ONE !!
Today is my birthday, a big thank you to all for the Happy Birthday wishes. Yup! I am celebrate my Big Four birthday, absolutely and totally don’t mind turning 40 & I feel proud of it.My best friend send me this email to "encourage" and "comfor...
Another Milestone: Turning 40!
I’m turning forty years old next Monday. Almost since the beginning of this year, I’ve been thinking about the past and the future. Turning forty made me not only think about what I hadn't accomplished, but also what I had accomplished.When I r...
Susan Boyle -Never Judge A Book By Its Cover
YouTube video of Susan Boyle is taking the Internet by storm, the video clip has been watched more than 5 million times in just 4 days.Who is Susan Boyle?Susan Boyle is a contestant on Britian's Got Talent. She's 47, lives along with a cat. She's f...
Now You Don't Need A Million Dollars To Live Like A Millionaire!
Thanks for the global credit crunch, now you don't need a million dollars to live like a millionaire!Came across this interesting piece from www.matadorlife.com,,What Can $150k Buy in Real Estate Around the World?With the global credit crunch spirali...
Comments & Reviews
This blog is currently rated a 4.50 out of a possible 5 based on 10 comments.
charlie
Cool content.
duniyah
Daniel, I really enjoy reading your blog and its nice to see also get the occasional humour piece in the midst of this crisis. Keep it up.
Carla
funny funny ha ha! thank yu come and visit
William McCamment
Very nice and informative blog. Daniel experiences the economic situation and lives to write about it. Great stuff!
Tropicalmalibu
Great blog. Thanks for your friendship. You have a very interesting blog. You follow whats going on in the world, and share it us, Thanks alot.
Have a great day, Take care.
Shanell
Michael Wong
love how you break down economic issues, keep up the great, great work.
Aswani
Daniel NG has done a remarkable job. Great views !
Aldhis
Great blog about economic review with sharp comment from the Author.
Sometimes Daniel also post a lite post about humour in economic issue.
I'm just sayin': If you believe we are starting to climb out of the economic abyss, as much of the media are reporting, consider: *an economy losing 500k jobs/month with an unemployment rate of nearly 10% is not in recovery mode *the staggering amount of losses on �toxic assets� that the Fed received from firms like AIG and Bear Stearns will have to be paid off by...you guessed it...taxpayers...to the tune of hundreds of billions of dollars, money that just maybe we could use for other things, like buying consumer goods or starting small businesses, or investing in the financial markets *In addition, the Fed has lent over $2 TRILLION to financial institutions and has never disclosed the collateral backing the loans, who borrowed the funds and how much they borrowed....mere details...zero disclosure to me means potential disaster. *The Federal Govt is proposing to own 55% of General Motors; do you really want the government more or less running a private business this large? Let the capital markets make the decisions as to who survives...The government�s role is to protect employees, consumers, and investors, not nationalize and play this majority role in deciding the fate of companies. *The national debt is set to double to $23 TRILLION....TRILLION! By the year 2023... *It has been proven time and time again that throwing money at broken industries and trying to spend our way to prosperity, to the detriment of the future of this country, (this money really doesn�t just grow on trees!) simply doesn�t work. And these bail outs give big financial institutions carte blanch for moral hazard�there will be more catastrophes like the sub-prime mortgage crises because the AIG's of the world know that the government will be there with a blank check when the inevitable disaster arrives. *The average US consumer owes $10,000 in credit card debt and saves less than 1% of income. Ninth grade economics class tells us this math doesn�t work over the long term. And U.S. Consumer spending accounts for over 70% of total GDP.
Posted: May 24th, 2009 | Report This Comment