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Showing posts with label market economics. Show all posts
Showing posts with label market economics. Show all posts

Friday, August 1, 2008

Principles of physic in economics and politics..???

What goes up must come down like a rollercoaster !!! How true is this Newton`s 3rd Law of Gravity in our economy and politics of today ?



Many people will lament that everything will go up, nothing but only the rain will come down and to that too, we are not sure given this global warming problem in the world .



To the people on the streets in Malaysia,we can`t deny this fact.We have seen food prices that has soared , a 41% hike in subsidised fuel prices that had boosted inflation to 7.7% inflation ...etc etc.



We have been promised toll rates will be reduced or removed to ease the burden of the people? People took to the streets in anger and frustration to protest against the government for `No more price hike`and et.al.



Slowly but surely, the people have began to sink into the momentum of this ugly impact of global fuel price hike.Many were starting to set their minds to rethink their wasteful lifestyle and how to grace over this hard and dark times of the economy.But before we can contain it all, we will soon be slamed with another rise- bus fare hike and subsequently to brace for other rises I believe. If Newton is alive today, we will question him what can come down under such circumstances? His law has worked very well for rollercoasters in theme parks.



But my dear friends, one thing for sure has come down recently-global oil price has fallen by 15% from its record high of USD 147.50 a barrel set 2 weeks ago to USD 120.42 with no sign that its decline has ended-a lowest price since June 10 ..kudos for this natural force of economics and the good news is that the Malaysian government is rethinking of restructuring the new fuel subsidy..



Then to the politicians and economists, can we ask what is to set to fall for us with this oil price fall ? Why can`t the oil price at the pump be set down fast as promised ? Is it so hard to allow the principle of physics to take its natural course ?



We want peace,harmony and growth.We know we just can not take to streets to demonstrate our grievances all the time. We have learned such street demos can not deal with the past but we can shape our present and future with better means ..



Differences put aside,come and share with me how we can beat this rising inflation?We together as a force is much,much greater than Newton`s law of gravity or any other law of physics,economics and politics..





`If we believe, there can be miracles..`

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Wednesday, May 21, 2008

RICE LOSING PLACE ON ASIAN PLATE ??

Once again my friends from far and near,I beckon you to be still and hear what I heard and read as reported by REUTERS on 19 May 2008 -

"BEIJING-Rice prices have surged this year for many reasons,but unlike most other commodities, fast growing Chinese and Indian demand isn`t one of them.
With incomes rising in 2 countries where a third of the world population consumes about half of the world`s rice, more people are eating-rich meat and diary, or sampling new food like pasta, leaving less room on the plate of rice.

If Chinese rice demand follows the trend seen in wealthy Japan, it could fall by half in the coming decades, bringing relief in world consumers who are more anxious than ever after a near trebling in benchmark Asian rice prices this year..."

It is true that more people are making more money and are eager to try out other choices but how is this cut in consumption going to affect the long term supply outlook for this Asia`s staple.

Everybody knows about the market economics-less demand, less supply.But given the current situation when industrial development is fast encroaching on arable land, rising costs that are straining the farmers and volatile weather that threaten crops, who can do the balancing act?

My concern is whether it is beneficial if rice loses its place on Asian plate? Is eating less rice or resorting to other forms of modern food the answer to our woes?




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GOTCHA ..ARE YOU THINKING LIKE THEM????????????????????????

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