Ah….
Either I update this site regularly or I don’t. I get provoked and disturbed less nowadays and that should explain why there are fewer enteries especially angst filled one. And somehow before I used to be a magnet for Drama, weird crazy things just happen around me, but it has died down.
Just when I thought people have stopped asking me random questions, they ask me one. Like my title suggests, someone recently asked me about the Economy. I must be the finance minister or be in the running for one. How would you explain someone asking me this, “What do you think is happening with the world, with the economy?”
Er…..
I don’t know?!
And then I thought about it and worried how little I actually know. I mean, clearly something is wrong if people assume I know the answers to these questions and I don’t. Either they’re trying to irritate me or I am just getting irritated for the very wrong reasons and I should know the answer.
So I tried finding out more about the economy.
Apparently some big insurance company in the US went bankrupt, had to borrow money from the US government or something and that kind of backfired which resulted in the recession. And because Aus and Europe depend on the US economy quite abit, the recession has now turned global.
US dollar is down and so is the Aus dollar.
And this has caused people to either start panicking and lose jobs or if you’re as Kiasu as some people, you would have started to stock up US dollars and Aus dollars when you can. So that when the economy returns to normal, you actually benefit.
Apparently, this has caused money changers back in Singapore and Malaysia to stop selling US dollars or even Aus dollars. Because they lose money.
Now back to being the Finance Minister, I was very clearly provoked because of the tone of voice this person used on me. But, I shall let it drop. The economy is an important thing and clearly I need to start reading and watching more News. I prefer reading and hearing about real life incidences than reading about the economy. Probably because I haven’t really worked yet and don’t really understand how it would affect me.
Ignorance is bliss, when you’re a student. But I am going to face the big bad working world soon, I have before but just not in a large scale and for that I think reading and following the economy should do me some good.
Only, how does the economy affect research or rather the science field? Does it affect the field? I don’t think so. But it would affect my lifestyle, the inflactuation of the dollar affects the cost of everything like oil, food and transport. While I think I will have a stable flow of income every month, I am going to save my coffee money because the prices are going to inflame.
I would never ever want to be a Finance Minister, the responsibility would be too huge. Hopefully the economy turns around soon.
Next time, someone asks you an irritating question, give it some thought, it might do you some good no matter how irritating and/or weird it is.
Tim said
Nice article… thanks for sharing.. keep it up ^^
s_malfoy said
No worries, thanks for your comment.