Happy New Year, Earthlings!

Now that everybody around the world is on the same page, I wish you all a happy and prosperous year ahead. I (and as many economists – so please don’t take it seriously) believe this year will be better as the global economy recovers. As the developed economies improve, let’s hope the result will reverberate to the rest of the world who probably need it the most.

At the risk of sounding like an astrologer, I could see that 2010 will be a year of spend-a-thon. Income level, spending level, debt amount and inflation are some of the things that will go up (not to mention the hemline). We’ll be told that spending helps to encourage economy recovery more rapidly, blah blah blah. I don’t think we need to be told that, we’re wired to spend. Hopefully we’ve all learnt valuable lessons in personal money management and avoid the financial cardinal sin.

Happy New Year!!


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: