tag:blogger.com,1999:blog-297647034431552481.post4521823391420907215..comments2023-10-25T17:13:52.119+08:00Comments on Musings From the Lion City: Getting on the Same PageGhosthttp://www.blogger.com/profile/05160118520611754510noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-297647034431552481.post-44850375950931955582009-03-13T09:42:00.000+08:002009-03-13T09:42:00.000+08:00While I am no economist, I am fairly confident tha...While I am no economist, I am fairly confident that such extreme swings do not happen often at all. Then again, if you look at what has happened in 2008, these are hardly 'normal times'.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-297647034431552481.post-72934077090828991802009-03-12T20:32:00.000+08:002009-03-12T20:32:00.000+08:00It's still a 11% swing. How often is there a 11% s...It's still a 11% swing. How often is there a 11% swing in GDP numbers anywhere in the world? And in 60 days to boot!Ghosthttps://www.blogger.com/profile/05160118520611754510noreply@blogger.comtag:blogger.com,1999:blog-297647034431552481.post-20426223106286866242009-03-12T17:55:00.000+08:002009-03-12T17:55:00.000+08:0060 days out of 365 is 16+%; hardly insignificant. ...60 days out of 365 is 16+%; hardly insignificant. Given the rapidly deteriorating state of the world economy in the last few months, it is not inconceivable that an honest forecast might require readjustment.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-297647034431552481.post-83272507407337684332009-03-12T12:57:00.000+08:002009-03-12T12:57:00.000+08:00Kind off reminded me of a optical salesman...Clien...Kind off reminded me of a optical salesman...<BR/><BR/>Client asked the salesman the price for a pair of glasses. Salesman replied $100. Noticing that the client looked indifferent, he added, "it's just for the frame... glasses cost another $100..." and still the client is unfazed so he pushed on<BR/> "... each"<BR/><BR/>So perhaps, Govt is watching people's reaction? No mass panic? No mass suicide? OK, tell them more. Still no mass protests? Drop the figure more... I'm just guessing...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-297647034431552481.post-32534131050087584382009-03-11T10:23:00.000+08:002009-03-11T10:23:00.000+08:00Not when it come to GDP numbers. GDP numbers are f...Not when it come to GDP numbers. GDP numbers are for the whole year and the range went from +1% to -10% in just about 60 days. That a 11% swing.Ghosthttps://www.blogger.com/profile/05160118520611754510noreply@blogger.comtag:blogger.com,1999:blog-297647034431552481.post-29126752927635124662009-03-11T08:57:00.000+08:002009-03-11T08:57:00.000+08:0060 days is actually a long time in this current ma...60 days is actually a long time in this current market.Anonymousnoreply@blogger.com