It didn't come into my head for a moment, but after thinking hard enough, it does make some sense.

You see, when the economy starts failing, that will be the best time to hit some bargains. Be it in shares, stocks, properties or even going for a vacation, prices will start moving south. You'll get the very best at the very lowest. It's a natural way to stimulate the economy back on par where business deals are bound to offer you great opportunities and better value for your money.

When there is high unemployment rate, there will be low demand. The repercussion leads to costs cutting measures for businesses and hence, laying off workers. Therefore, something is needed. A plan to stimulate the economy.

Call it 'economic stimulation', where the government starts creating jobs...'artificially' creating jobs. This is just to keep ordinary citizens feel secured that there will still be jobs around and food is going to be on the table.

So, that's where mega public works projects will commence. When jobs is 'temporarily' created, people are being employed. Hence, increasing buying power and lift consumer demand. Once businesses are hiring workers, then the government will stop spending. From there, the chain reaction continues untill the next downturn.

Apart from cutting taxes, where the government are taking lesser money from you, spending is also the basic way to revive the situation. But many have thought that, saving money is the best way to save the economy. WRONG! Saving your money will only paralyze the economy further.

My theory has come to that, during good times, save money. When times are bad, spend more. It may not be logic as it seems, but it has worked.

I got some good deals for vacation already. So where should I head for my next destination?

A beautiful love story retold. - Sandfantasy

A superb art expression by artist, Ilana Yahav. Every touch of her hand is a story to tell. Enjoy the clip.

Visit www.sandfantasy.com

The first week of 2008 has been positive, so far.

Things have been perking up, with a few upcoming business proposals, social circles extended beyond regions of profession, plans laid out for the rest of year completed, I guess now it's time to sit, focus and deliver.

After slacking due to the holiday seasons, I'm now fully energized to spring back into action. This weekends, taking a pause from the usual obdurate schedule, I'm reading up some books.

Clinging to Mihaly Csikszenlmihalyi's - Good Business, this book has brought new definations and ideas on team organisation, leadership qualities and self-well being in doing business.

Citation:
"In many jobs, the skills of the worker are not well matched to the opportunities for action. This is true even of highly paid knowledge work where, for example, well-trained young lawyers are assigned to years of monotonous library research that makes few demands on their skills beyong tolerance for boredom and the ability to put up with long hours, or where ambitious young consultants are thrown into stressful eighty-hour-a-week workloads that burn them in a matter of years.." [Page 93, paragraph 4]

Still in the mid pages, this book is a good reference for potential leaders-to-be, with loads of case studies that explain in the simplest form and true logic.

Also heaving up another book of reference, Singapore Business Law - 4th Edition, I'm trying hard to comprehend the Legal System here. Not surprising, it goes back to the colonial days, where the system is still very much influenced by the English Law Act.

Citation:
" In practice, those English legislation which apply in Singapore have now been reprinted as Singapore legislation, with most of them bearing the same titles and having contents which are almost identical to their English counterparts.." [page 43, Chapter 2-309, Application of English Law Act]

Too much of books for today. I have some lists of regulations to be updated in my other blogs.

Goodnytes, gudnites where ever you are...