A shoutout.
Welcome Jun to World of Warcraft!
FTW!
Did you know, Malaysia ranked 7th as countries that contribute to the American $60 billion trade deficit?
The first place is China’s of course, contributing half of the deficit – $30 billion. Malaysia is attributed with almost $3 billion.
It’s interesting to see how the dots connect. And I wonder, does Malaysia have a trade deficit? I have to look that up.
I do know however, Malaysia has an huge budget deficit to GDP ratio; if I recall correctly, larger than the US. This is one reason why I find Malaysia is weird – in the US, the deficit is giving everybody headache; in Malaysia, almost nobody gives a damn.
Maybe because, the people in Malaysia care more for the establishment of moral police rather than maintaining and improving sound economic performance. Given that, it’s surprising to see Malaysia as one of the tiger economies.
p/s – to all Liverpool fans, aww, shut up and quit telling me that you guys are in the semifinal. Let me be with Ajax…
As such, w00t! Feyenoord lost 1-4 to Den Bosch. Pity Ruud Gullit but w00t! Ajax stays third and is making ground for second place!
pp/s – who am I kidding. Malaysia is an export-oriented country. Trade deficit. LOL!
Categories
[513] Of good luck Japan
I’d suppose, Japan should forget its dream of a permanent seat in the United Nations. According to AP, China has just voiced out its strongest statement against Japan’s bid for a greater role in the United Nations. Veto against Japan is now almost certain.
The United Nations should simply abolish veto power. It allows the interest of the few to outweigh the will of the majority; it’s undemocratic to say the least.
Besides the veto issue, it’s kind of weird however to see Japan not giving any ground to China, despite the importance of courting the dragon. If I were Japan, I would do what China wants and then do away with the China’s pride later. But hey, it seems to me that this irrationality is the Japanese nationalists’ undoing.
Well, a nationalist does what a nationalist does – most are myopic as usual. Perhaps we can’t really blame China if the Japanese’s bid fails.
I have nothing much to say. All I wanted to do by posting this entry is to highlight an article entitled Economics Often a Bundle of Contradictions.
WASHINGTON – Buying binges by consumers and companies can power the economy yet catapult the trade deficit. A weaker dollar can help U.S. manufacturers but hurt American shoppers. Rising home prices can give a homeowner a sense of wealth and make a house hunter feel cash-strapped. These are just a few of the apparent contradictions of economics.
Now, you know what I learn in macroeconomics. Well, part of it.
p/s – after a string of bad performance and news, Ajax seems to have find it form in the last two matches.
Today, Ajax drilled 4 goals behind second placed AZ Alkmaar. AZ earlier this week won its away match against Villareal and making them closer the UEFA semifinal.
With Ajax’s win, the team has returned to the third place, with one point behind AZ. However, Ajax has played an extra game compared to both AZ and Feyenoord. Feyenoord, currently fourth in the Eredivisie, will play Ajax next week. Ajax need to at least draw with Feyenoord in order to stay third and keep a sensible gap with AZ. Else, no Champions’ League for us.
PSV is first and has possibly secured the Dutch crown.
pp/s – w00t! Somebody from Bloomberg actually replied to my job application. We’ll see what’s going to happen from here.
Categories
[511] Of blergh
I just wanna cry. =(