ZT: The Third Depression

From: New York Time

puzzlebird : 马上要来的通货紧缩(deflation),而不是通货膨胀(inflation),所以要严格保留现金以及建立现金流。

Recessions are common; depressions are rare. As far as I can tell, there were only two eras in economic history that were widely described as “depressions” at the time: the years of deflation and instability that followed the Panic of 1873 and the years of mass unemployment that followed the financial crisis of 1929-31.

Continue reading

粮食涨价问题严重

全球都在涨,新加坡的冲击也大。

三个月以前在电视上看见,政府枪手开始宣扬买冷冻猪肉比新鲜猪肉便宜又好用,颇有洗脑的嫌疑。昨天居然看见新闻报道,社区机构开始给老人上课,教授如何用土豆代替白饭来生活。我的天啦!

还好个人影响不大,该吃就吃,该玩就玩。