4 days ago, our hot sexy student knocked on our door. ( In case you have not been following us, we mentioned about this student some articles back. She predicted a recession or some anomaly sometime back in late 2006. Student is now currently studying in Victoria Junior College...she told us to say one in return for her continued ad-hoc advise.Yes, we are quite shameless to sometimes ask for a teenager's advise in managing money but hey, thats to broaden our perspective. You stone-headed, "know-it-all" adults!)
According to her, keynesian policies advocate pump priming by governments during times of economic duress to stimulate the economy. Such pump priming activities include spending on Infrastructure, defence related stuff and e.t.c. With that she left, leaving her sweet perfume lingering in the air and us, baffled at what she meant and what she was trying to prove. Anyway, we came to a conclusion that she was just flirting with us and left it at that.
A few hours later, we were reading THEEDGE magazine and chanced upon this article on "Emerging markets: Bear Rally or Long Bull Run".
According to her, keynesian policies advocate pump priming by governments during times of economic duress to stimulate the economy. Such pump priming activities include spending on Infrastructure, defence related stuff and e.t.c. With that she left, leaving her sweet perfume lingering in the air and us, baffled at what she meant and what she was trying to prove. Anyway, we came to a conclusion that she was just flirting with us and left it at that.
A few hours later, we were reading THEEDGE magazine and chanced upon this article on "Emerging markets: Bear Rally or Long Bull Run".
Quote:
Building in emerging markets might slow for a while but infrastructure needs are still very much intact in the developing word, says[ Name suppressed to prevent speculation ] . A lot of government spending on railways, roads, ports and airports in emerging markets is direct budgetary spending, which won't be affected by the global credit squeeze, he notes.
There is also pump-priming through fiscal stimulus packages that invariably include big chunks of infrastructure spending. As exports slow, many developing economies in Asia, Latin Amercia, Eastern Europe and Africa are being pump-primed with increased budgetary spending on infrastructure." Unquote.
Alas, we knew what the hot sexy "oracle" meant. What services are needed for infrastructure building? Not all severly beaten construction companies are the same it seems. Think specialist. Your guess is as good as ours.
Also just something which caught our eye from THEEDGE to share. (Not that it will affect our team's strategy, of cos).
"Since 1945, the average return for US shares under Republican presidents has been 10.2% per annum versus 15.1% per annum under Democrats". So, who would you vote for?
Heres a pic that looks like our hot sexy "oracle".
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