The BiG idea

What's the BiG idea?

This time TheTHinker is blogging on economy. I'm no economist, but I'll share with what I feel about the current economy.

Speculation of OiL Prices
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I don't know if anyone noticed it. The OiL Price started to hike when the 2008 Olympics was drawing closer. China was opening their market and millionaires were created. Then they won the bid to host the Olympic Games. Even more multi-million projects are waiting to kick-off.

When the US and UK was 'trying' to boycott China's clothing lines, the energy crisis was already at the alert stage. China was consuming a major share of the world's OiL indeed. This tells the FutuRe TraDers that China will need even more OiL to make dead lines for the Olympic Games, and SPECULATED the future price of OiL will be at an all time high. Here's the choking bit. They start to trade current OiL production at the future price. So we start to sigh about it, without even knowing what was the cause of the price hike.

Rumours go arond saying that we are short of OiL supply. Enter India, the next 'speculated' top economic power and main consumer of OiL. More OiL price hike. Enter the Arab countries, turning their focus to tourism and hospitality business. FutuRe TraDers again 'speculate' that OiL reserve is deffinitely running low.

But what is happening now? The OiL price fell. From 140USD a barrel to the 50'sUSD per barrel. Have they stop caring about the OiL reserve? Where are the FutuRe TraDers now? Are they speculating on something else? Or allow TheTHinker to speculate......

THEY ARE ON A VACATION!

Money PrintinG
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The IMF (you know what it means), is the biggest money lender ever existed. They set their strategies on being powerfull on having cash and not assets. Here's the thing, money is paper. How'd we know if they have any money to lend in the first place? Here's how it works. You want to borrow money. They go and print it. And lend it to you. With 'interesting interest rates'. So where's the value? Sounds like the credit card system to me. It's 'make belief' money. It never existed. Then one of their giants fell down and oh boy did it fell down hard. It went bankrupt. This is what hapens if you do trading with 'make belief' money. When you buy something with nothing, you're already in debt to start with. Seems to me they bite their own dust. So what's a government bailout going to do? Minimize the purchasing power of their citizen. And lower the quality of living.

It's what one of the Asian countries did back in the late 70's. The president just prints paper money like nobody's business, and put it on the market. Now they are weighing their paper money by kilo's, and not by value.

The BiG idea
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When the citizen have money to spend. Business will look good. The charts will be pretty. The investors will come in. This will generate more money. It's called LIQUIDITY. When everybody stops spending, economic growth will halt. The banks shuold promote liquidity in the market. The banks shuold be proactive about the economy. But the banks are stopping loans, increasing interests and a whole bunch of other things.

So what's the news on India now? What's the news on Arab's tourism business? Heck, where's China's spotlight gone to?!?

So what's the BiG idea?

TheNow

What? it's already gonna be next year in less than 2 months?!?! I've always heard about blogging. But never got myself to get into it. So I'm blogging now. I have Facebook. I guess that's the latest trend on the Net. So this blogging business is considered yesterday. Hey, if you want to understand TheFuture, you have to understand ThePast, and decide what you're doing in TheNow. Ain't that right.

I've always told myself this one thing:

"If you DOn't KnOw wHat YoU Don'T KnOW, YoU'll nEvER KnOw anyTHinG"

So I'm blogging about TheNow from my own perspective, using what was or still is available to me in ThePast, to try and find out about what I don't know about TheFuture. It's my strategy for "catching up" in this social network trend that's sweeping the cyber space.

This blog site of mine may not only be about what I can find out about blogging then see what I can discover about social networking. But could also be whatever that's TheNow in my life is. Not sure how I can use the same strategy to do some "catching up" in life...

So...

it's gonna be 2009 in less than 2 months, huh?

BRING IT ON!