What A Week
By skysuccess
@skysuccess (8858)
Singapore
November 1, 2011 8:19pm CST
I believe it had been an eventful week around the globe and I just wonder if this week would get any better.
First off, Bangkok the capital of Thailand which had been hit by riots, bombings and of late floods, is really affecting the economy especially tourism. With the situation still depending on outcomes of salvage operations where the government is deploying inmates and nature, I believe tourists or commercial travel will need to be put on hold further.
Read more: http://news.asiaone.com/News/Latest%2BNews/Asia/Story/A1Story20111101-308217.html
The economic weather for Europe is not getting better as Greece is considering rejecting their debt deal. The default will have sever repercussions starting with bankrupting European banks owed money by Greece and tip the whole of the EU into a deep recession.
Read more: http://www.dailymail.co.uk/news/article-2055872/Greece-referendum-Crisis-deepens-Greek-National-Defence-chiefs-sacked.html
With the weak economy still looking for a recovery, I just have to marvel how the people at Qantas Airways could ever consider going on a tumultuous route to negotiate their issues. I am sorry but I do not really like the Unions who really have too much power where they could just stage a walkout strike when negotiations fail. However, I was equally shocked when the airline's management did not just refuse to budge but grounded the entire airline's operations. What a chaotic 48 hours, which even involved dignitaries in their plane at Perth.
On the note of protests, I just wish that "Occupy Wall Street" participants would reconsider their campaigns and get back to work or look for a job. I am sorry I really do not see any point or good coming out of it except creating more problems within and worse - new problems social and economic.
I do not know what's your take here, but I think it is time we starting some deep thinking and get some higher learning.
Get a grip!
2 people like this
4 responses
@cynthiann (18602)
• Jamaica
3 Nov 11
Am half way out the house to campaign but just read your interesting post. I so agree with all your comments. Don't know when I can really get to mylot again. Just here and there until our craziness is over
1 person likes this
@skysuccess (8858)
• Singapore
6 Nov 11
cynthiann,
Fancy catching you on the run again. I am sorry for this delayed response since I am sure you are aware of the recent maintenance work here in myLot.
Anyway, I hope this week will find you less stressed and back to your chirpy self.
You take care.
You take care.
@bingskee (5234)
• Philippines
2 Nov 11
though i am not currently into reading global news, the ones that you have raised here in your discussion resembles the local problems in our country. our economy is still on the verge of breaking, the leadership is not that strong, PAL airways terminating thousands of employees, and rallies and demonstrations becoming as common as the daily news on accidents and killings.
i would like to sympathize with demonstrators but it is becoming more as a problem when rallies are affecting the day to day activities of a normal 'Juan'. the long standing problem of the rich vs the poor will never be solved, i guess. it is a social malady, a cancer of societies where the rich will reign because the poor has nowhere to go and no food to eat.
hayyy... sad indeed. 
@skysuccess (8858)
• Singapore
5 Nov 11
bingskee,
Not sure if you are aware, but most of your country's economic problems are quite related to whatever is happening around the world. For one, many business are either on the verge of closing or finished - especially when their businesses are dependent on overseas contracts or investments that are heavily hinged with America and/or Europe. Forex is affected as well.
Unless everyone could play their part and start contributing back to their country, there's really no headway to any of the longed for recovery that we are all looking for.
@Hatley (163776)
• Garden Grove, California
2 Nov 11
hi skysuccess yes it does not seem to be helping anything although I can understand some of the protests but what my country America needs is the president to help our own people, we have way too many people still out of wo rk and the economy is not fixed yet , we keep helping every other country in the world while our economy is just horrible and thats a shame for a wealthy country to be like we are now.So yes people get upset at the corporations and the big shots while a lot of people are still out of work. this is not right but the protests are not doing any good. We need leadership from our government and we do not seem to be getting it. looking for a job when there thousands for the same job is not fun sky success people are not lazy, they are just out of jobs. give them jobs and our economy will start to right itself.people cannot spend when they are not earning squat. a lot of smaller shops all around our towns here in O range County Ca. have had to close no business.
1 person likes this
@skysuccess (8858)
• Singapore
5 Nov 11
Hatley,
I hate to see what is happening especially to America but I believe the President could not really do much when the big giants are collapsing through their doings or undoings which led to other small and medium enterprises to collapse along with it. It is just like dominoes if you get what I mean.
Since funds are scarce especially with this recent crisis, the country just could not help but provide the necessary aids to these undeserving corporations in the hope that they will recover fast and bring about the recovery of the small and medium businesses. But, I suppose with the scare and undying greed of these corporations - the country just cannot progress without the necessary push or enforcements from the government. Again, this coming from America where the campaigns are very closely related to these corporate giants, I believe somehow the hands are tied here. Look at how they (corporate giants with banks included) are using the rescue funds.
Sad, but it is true.
@faisai (1138)
• Hong Kong
8 Nov 11
The problem is Greece is purely politics. It is nothing related to the economy at all. The problem is those EU leaders aren't working together to solve the problems. Most if not all the countries within the EU are not really trying to help solve the problems because it doesn't look good for them within their own country. Passing some agreements to fund another country for the good of the people in those country won't give these politician the votes they need to stay in the government.
Now, the problem with Qantas is nothing but a joke. Almost all airlines around the world face this kind of problem where the crew will use the passengers' benefits as bargaining chip to ask for more benefits from the company. I am not trying to judge whether the they are truly under-paid or being too greedy. All I am saying is that this kind of putting the customers into the negotiating table is so wrong that should simply be forbidden and yet they are lawful to do in many countries. We customers are paying the price for them to raise their own benefits, how does this sound?
1 person likes this
