i think i finally know why i gave up economics during my pre-u days.....

its simply a load of BULL SHIT!!!

allen greenspan advocates free market..... yes...consumer must spend and spend and banks are suppose to lend and lend..... no protection NOTHING..... FREE MARKET.....

he was proud of americans consumerism attitude....yap...its a no hold barred type of spending and lending.....

everyone thinks that God was allen greenspan. yes...he sneeze and the stock market react.... he breathe and the stock market react.... and when he speaks..... the market will go either way...north or south......

he was god in main street and wall street..... and every street..... everything is mr greenspan....

today... or lately.... he came out to say he was wrong to think that way.... it was flawed.....

sigh..... everything is upside down.... i think every theory in my econs books is wrong..... it makes no sense to me at all....espcially now.... today in this crazy world of demand and supply...credit crunch...financial turmoil....whatever you want to call it.

and now....we turn our minds and hearts to our own little country...... will the economic miracle continue?

we advocate free market... open market.... no protection...... exactly what the ex-god advocate.....

so are we in deep shit? has the shit hit the fan? are will still advocating free market?

let see what the million dollar stars have to say and do now.... we got no time....someone already said the market...ecomony is gloomier than months ago... does that means we are in waist deep shit already?

and today...another million dollar star also say that if this is not rainy day...he don't know what is..... and yes our president finally have something to do..... yap...to take out the other key to open the reserves vault that was sealed and never intented to be open..... rain or NO rain! yes....his million dollar salary will maybe be worth it afterall.... BRING OUT THE OIL!!!! WD40..... the hinges to the vault be be rusty and hard to open......

my very very wild guess is that it is very very bad already...dipping into reserves.....cos in the 1997 crisis....we still did not dip into reserves....we only have budget deficit..... in hard times...we still increase gst...erp...... cos they say must do it...

maybe its time the miw drop down to thousands of dollar star.... NOT million dollar star...... there is a reasons why ah wong admitted that guy have fled the country... yap..to make them look more human.... so that when budget debate comes.... or press confrences.... or political talks.... they will say... we are humans....we make mistakes.....we err...... and finally.... the famous tagline.... "LETS MOVE ON"... ONE party still rules.....

i am a mind boggling beagle now...confused and dumb founded.!!! i think i stick with my jazz music..... my day dreaming.... and my lazying around and be my happy arm chair critic....

another useless thought.