DislikedStill remember last year when the Government Hike the Oil Price... Everyone gone MAD!!!
But we still surviving till now... no problem at all... even the GDP is growing more than 6%.
Understanding about how economic works give me the satisfaction and pleasure. It's all about SUPPLY And DEMAND. Part of NATURE. Can't really control the nature... only after certain point... then the NATURE take its course... no matter what... can't fight it.
Back to basic >>> EQUILIBRIUM. With this increasing OIL price will cause other things becoming expensive too... such as FOOD and TRANSPORTATION.
I remember last time when I was in the primary school ... the cost of "Nasi Lemak" (typical Malay food) was about 20cents per plate. Right now already RM1 per plate. My mom told me... she bought Nasi Lemak only for 2cents during her time. See the price just keep on INCREASING.. but we still SURVIVING.
Why??? With all the living cost INCREASING... our INCOME also INCREASING. I bet after this everyone will be demanding a pay rise due to improving standard of living. As long as the ECONOMIC growth is healthy... this will happen. Back to EQUILIBRIUM. We will survive.
The drawback... the countries with economic problems and shortage of food... will suffer more and more. Up to the wealthy countries to help them.
The fact of life: The RICH get RICHER... the POOR get POORER. Unfair isn't it... but it's happening all around us.Ignored
- Post #13,582
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- Jun 4, 2008 10:27am Jun 4, 2008 10:27am
be happy with what u have while u pursue what u want..
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- Jun 4, 2008 10:43am Jun 4, 2008 10:43am
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- Post #13,584
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- Post #13,587
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- Jun 4, 2008 11:07am Jun 4, 2008 11:07am
be happy with what u have while u pursue what u want..
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- Post #13,591
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- Jun 4, 2008 11:50am Jun 4, 2008 11:50am
be happy with what u have while u pursue what u want..
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- Jun 4, 2008 12:00pm Jun 4, 2008 12:00pm
- Joined Oct 2007 | Status: Member | 6,522 Posts
- Post #13,596
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- Jun 4, 2008 12:21pm Jun 4, 2008 12:21pm
be happy with what u have while u pursue what u want..