yucks. Little Nyonya will not have a sequel. BOO.
Watched the news and our Acting Minister for Manpower, Minister Gan says that there will be more retrenchment! And this time it will hit the white collar workers! If you're unsure, white collar worker refers to a salaried professional or an educated worker who performs semi-professional office, administrative, and sales coordination tasks. Well, it doesn't really affect me directly, since my mum is not even working at the moment.
However, it only meant that people ( around us) will consume less. And this is true because when there is a loss of jobs= loss of wages=loss of disposable income=fall in purchasing power. And all these will result in a fall in level of Consumption which will lead to a fall in Aggregate Demand and via the Inverse multiplier, National Income falls- EG falls.
In addition, a fall in Consumption is often tailed closely by a fall in Investment and as all Econs students know, Investment is an extremely important component in LT EG.
So in the SR and LG, there'll be no EG= GG for everyone. and that includes me. and you, who is reading this post.
And that's why, tell your parents- don't fall into the Paradox of Thrift- spend your way out of recession, and this leads me to my second point.
Tadah! my fantasies.
Currently, I owned a DMC FZ 50, don't be mistaken, though it looks somewhat like a DSLR, it's nothing like a DSLR.
Firstly, it has only 10.1 mega pixels, which is much lesser as compared to any noob DSLR, which have at least 12.1. In addition, its shutter speed and lenses are no where near a DSLR. Oh yah, do you know that every time you open a JPEG file, its quality plunges? so start saving your pics in other formats!
And so, in order to spend our way OUT of this economic turmoil. I want to buy the following:
The D90 is a digital single lens reflex model announced by Nikon in Aug 2008. It is a "prosumer" model (cross between professional and consumer) meant as a replacement for the Nikon D80.
yay! I heard Mr Lee wants to buy this camera too!
okay. time to start saving! Because this camera( with relevant kit) cost $1299 and it will cost you another $400 to get the tele or macro lens( which are important).
lalala. SEE! if my mum got her bonus this year. THIS CAMERA WOULD HAVE ALRDY BEEN MINE!! * whines like a 3 yr old*
SEE LA SEE LA. angry lah.
but i'm gonna save. and till today. i have $10 in my piggy bank * cheers because it's an achievement*
Don't blame me. Blame the economist who came out with The Paradox of Thrift.
