Friday, October 3, 2008

Going, going DOWN!

Going UP:
- Inflation jumps UP to a 27-year high.
- Prices of food and stuff went UP.
- Interested rates went UP.

Going DOWN:
- Stock markets are going DOWN
- Our beloved currency is going DOWN (weakening). Peg or no peg?
- Confidence/transparency/freedom/trust in the ruling government is going DOWN (since March 8th)

However, we do have some good news, that if the average prices of crude oil stay below USD $104 we should see a further reduction on petrol prices, said our Minister of Domestic Trade and Consumer Affairs, Datuk Shahrir Abdul Samad. Source: Paul Tan

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