Comments on: Is a Recession in the Coming? We’re Already in One. http://plaktoz.com/?p=432 Stories from the Goh+Lee Wed, 8 Sep 2010 21:14:48 +0000 http://wordpress.org/?v=2.3.1 By: admin http://plaktoz.com/?p=432#comment-377 admin Fri, 08 Feb 2008 09:10:56 +0000 http://plaktoz.com/?p=432#comment-377 wow that's a very long response. in short, it means that information no matter where, is actually under control one form or another. we, people, are actually living in the illusion build by the government policies. wow that’s a very long response. in short, it means that information no matter where, is actually under control one form or another. we, people, are actually living in the illusion build by the government policies.

]]> By: Chin Chye Lah http://plaktoz.com/?p=432#comment-376 Chin Chye Lah Fri, 08 Feb 2008 08:46:45 +0000 http://plaktoz.com/?p=432#comment-376 This is called creative accounting and creative news reporting. The nation building media are giving us the "good news". The signs are there, our government is trying to buffer the negative pressures. That is why we are hearing a lot of news on building this and that all over the place. Also, we (our investment vehicles) seem to be buying this and that, creating the impression that we are very rich and have sustainable growths. One example, out of the sudden, they want to build barriers for open MRT train stations. Now, all the while, everybody (up there) were <b>deadly against</b> this idea, even when there were numerous "trains hit people" incidents. They told you that the costs of building them are lower now and refused to give any figures to back it up. Come on, gimme a break. The other day, the headlines on the employment figures were creatively revised to put things in the positive light. But seriously, recession is no joke. I just hope that the government will face the truth and gradually come out with countermeasures. One thing is for sure, people will get hurt. It is up to how everybody come together to find ways to cushion the recession. It will not be easy, but the earlier we prepare for it, the better that we are able to come out of it. This is called creative accounting and creative news reporting. The nation building media are giving us the “good news”. The signs are there, our government is trying to buffer the negative pressures. That is why we are hearing a lot of news on building this and that all over the place. Also, we (our investment vehicles) seem to be buying this and that, creating the impression that we are very rich and have sustainable growths.

One example, out of the sudden, they want to build barriers for open MRT train stations. Now, all the while, everybody (up there) were deadly against this idea, even when there were numerous “trains hit people” incidents. They told you that the costs of building them are lower now and refused to give any figures to back it up. Come on, gimme a break.

The other day, the headlines on the employment figures were creatively revised to put things in the positive light.

But seriously, recession is no joke. I just hope that the government will face the truth and gradually come out with countermeasures. One thing is for sure, people will get hurt. It is up to how everybody come together to find ways to cushion the recession.

It will not be easy, but the earlier we prepare for it, the better that we are able to come out of it.

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