I was in Padang, Indonesia the whole last week. While working in an remote area in Pangian, there were nothing to do at night except for TV watching. In Indonesia you can get a big parabola that can receive almost all TV channels around the world. Such is a way of life in a vast country like Indonesia, no matter rich or poor, the house surely has a big parabola for their TV watching. All these channels come for free, unlike in Malaysia you have to pay Astro to watch other more interesting channels apart from what available for free.
We followed Bloomberg closely every night seeing crude oil going up and down. When crude oil was down, Dow Jones was down and the next day KLCI will follow suit. This friend of mine that I was staying with throughout my visit in Pangian is an active investor, so naturally he keep close track on the performance of share markets and also derivatives. When crude oil breached the US58 a barrel mark, my friend was very anxious, because according to him, crude palm oil will follow suit and there gone our bonus and increment for this year.
I joked with him that we were in such a paradox, when the crude oil prices go skyrocketing, everyone complained aloud, fearing for high inflation and what not. When the crude oil going down and down, we are also complaining, fearing for recession and low palm oil price and what not. I then asked him to switch to Fashion TV ( a French channel) that were showing a fashion show by the name of Mid-Night Hot. The show was show casting the sexy, voluptuous and half-naked models featuring with the latest lingerie. We watched until our eyes almost dropping and our saliva coming out.
2 comments:
that's what you call "economy of paradoxes",when recession,we need people to spend,but we are too afraid too spend,when inflation,when need people to be thrifty,but people keep spending.
take care bro,health is better than wealth
True indeed, health is better than wealth. You take care too.
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