Wednesday, August 5, 2009

2009 a good year?

2009 is not a good year as of to date. Everyone in one way or another is being affected by global economic crisis although some smart investors who dared to pick up some cheap stocks over a year ago could have reaped in substantial returns of late. But how many have actually recovered their investment prior to the global recession?

Not a good year in terms of political stability as well especially after the death of Teoh Beng Hock with a lot of conspiracy theories started to surface. The street demonstration recently, to protest against the ISA had resulted in massive traffic congestion and chaotic conditions in KL. Business entities especially retail shops claimed that they suffered huge losses during the street rally.

H1N1 is another big worry. More and more young students are infected resulting in numerous schools being closed down for quarantine purposes and the death tolls keep climbing. The government needs to contain the infestation of H1N1 as well as more efforts must be put in to address the public outcry. H1N1 is affecting the health and safety of the people while political unrest and chaotic condition is also not doing any good for the stability of the country and also the strength of our nation. If these two issues are not handled aptly by the government, how are we going to think about economic recovery coming our way.

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