Global Economic Recession Of 2008

Yes, it's been awhile since I last blogged. Had been caught up with work,assignments and several other tasks that has been keeping me on my toes.

It's a Friday afternoon, in hot sunny Malaysia.The date is 7/11 and it's 3.11 in the afternoon.

My thoughts over this past week has been on President-Elect, Barrack Obama's jubilant victory overthrowing the under-impressive Bush administration; on how this ordinary human being held on to his dreams of being president albeit the fact that he is off African-American descent, not purely,but partially.

I am excited to see how the super-power America will regain its respect as a global epitome-one of stature and dignity.It's going to be a long road for Obama.My deepest respect and support goes out for you Mr.President !

I truly believe that Obama's administration would bring renewed hope to people around the world who are supressed in one form or another- let it be slavery,discrimination,injustice or even things that we mortals selfishly subject ourselves to.

Sometimes things are not as bad as it really is.It's just that in our pursuit to be better and improve ourselves in the area that we choose to, we subject ourselves to unrealistic targets,unnecessary punishments only to be drained of our mental and physical strength.Agree?

Obama takes office at a challenging time at this 21st century.A time where America had recorded a decline in consumption which has led to the global economic cringe.

I believe that America and China has a big role to play in the recent economic downturn.

The United States consumes 25% of the world's oil and gas production.So when they shut down plants and factories, naturally alot of folks had their jobs slashed, resulting in them having to stretch their dollar and be very watchful of their spendings.

I read somewhere that in lieu of Beijing 2008, factories and roads had to be closed temporarily,in an attempt for China to control air pollution.

So when parts of an over-populated China went "dormant" for a period of time, there was no need for citizens to go out and do the regular things - such as fuelling up,eating out,hanging out.

I strongly believe that we do not face the consequences of our actions immediately.

I read that an average human being on a regular income pattern would get out of their financial debts in 2 years if they dispaly high discipline during that period of time.

Somethings got to go.If we resort to something extra,we need to give up something that we already have.

I know there is more to the pinch and anxiety that had left you and me wondering - what's next?

I know that things will get better.This just happens to be a time where we analyze ourselves, be aware of our dependencies, and not give up.