Europe is in shit. Us is still in shit too. And yet we are all
keen on going global. And in being global we are all
inter-dependent and inter-related.
When Greece finally leaves the Euros-the situation maybe worse
than the last Asian financial crisis.- Why? cause the world has
become global- everyone is interelated one way or any other. So
when US and Europe prosper – everyone prospers? Europe and the US
are both debt laden. Their consumers have max out their
credits..There seem to be no solution to these problems.
India and China are supposedly two big dynamos leading the rays
of hope for the world in terms of continuing economic growth into
the future. But yet in these countries the disparity/gap between
the rich and the poor continue to widen.
In Singapore, we are told we depend on the state of the world
economy. So do we have a hand in our own economic destiny? What
options do we have instead of being globally affected in this way?
Even if the world somehow manages to prosper again in the short run
, who are the ones paying the old debts? Realistically, can the
whole world prosper at the same time? Truely I say unto you – the
world is sick!