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Friday, July 24, 2015
TGF - this is another Thanks God , its Friday
Our mind starts to slow down ahead of this coming weekend but the news from the past week have been damaging and negative.
China is slowing down and probably to 6% from 7% and even that the data is suspicious and in real fact, it could be worst. Citibak said that there would not be a financial meltdown or hard landing but a sub-par growth.. hope that the projections will be right.
For Japan, the weak Yen have help p in their exports but in real fact , there is a need for severe reforms in labor and a massive opening of their agricultural section to boost their domestic economy.
US have the lowest jobless claims in the past 40 years, home sales improving, inflation was about 2% and all the factors warrants a rate hike and the rate hike will be in Sept 15.
For EU. tje greek trouble is almost over with the greeks having to do a massive pension cut and will have to endure austerity drive for the next 10 to 15 years to keep them in the EU pact. The region's business is still soft.
For the Ringgit, Malaysia is going into toubled and strange time. The growth is going down from 5 to 4% and possible to below sub-4% with all the sectors have hit with a slow down.
With this in mind, the mood over the weekend is cautious and prudent. Things are not going to be good this year and the next as many people will get lay off , their spending cut, business will be badly affected and with all the dirts thrown into the circus and make the shit hit the fan and with all the "f&$*%*" smell oozing around making us sickly and condemn. What a sticky feeling with the sweat dripping into our underwears and making us uneasy. The hot weather outside did not help either , making us tired and edgy .
Last night, I finished the season 5 of " the game of thrones " and it ended with Jon snow been stabbed and the queen of King's landing been parade across her kingdom in nude.. It was a really a long naked walk with her boos drooping and her pubic hairs covering her pit. People was throwing all sort of things at her as she has sin. Quite a pitiful sight and anti climax. It was a sad ending with Stanis , the legal hair to the seven kingdom killed while the mother of the dragons , surrounded by a strange tribe.
It keep me anxious the whole night and not been able to sleep until i complete my meditation , twice in a night before I can doze off. It was not a smooth night and with the closing of the friday, I am really looking forward to the weekend to re-cuperate.
Namaste.
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