Comments on: I’m not buying this whole “Recession” bullshit. http://gapnap.com/2009/06/06/im-not-buying-this-whole-%e2%80%9crecession%e2%80%9d-bullshit/ guitar . innovation . imagination . inspiration . Fri, 10 Feb 2012 13:07:45 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Sam http://gapnap.com/2009/06/06/im-not-buying-this-whole-%e2%80%9crecession%e2%80%9d-bullshit/#comment-3697 Sam Tue, 09 Jun 2009 10:57:25 +0000 http://gapnap.com/?p=159#comment-3697 I believe there's no fiscal or monetary policies would beat recession, because its merely psychological, it all happened because of "cover your own wallet" thinking. how you think constitutes a certain portion of how the economy forms since the economy is the results from the thoughts of many. and i hold in serious believe the media has more influence than the central bank does. I believe there’s no fiscal or monetary policies would beat recession, because its merely psychological, it all happened because of “cover your own wallet” thinking. how you think constitutes a certain portion of how the economy forms since the economy is the results from the thoughts of many. and i hold in serious believe the media has more influence than the central bank does.

]]> By: vulcan.x http://gapnap.com/2009/06/06/im-not-buying-this-whole-%e2%80%9crecession%e2%80%9d-bullshit/#comment-3690 vulcan.x Tue, 09 Jun 2009 06:04:25 +0000 http://gapnap.com/?p=159#comment-3690 Sam has fully understood the crux of my post and the frustration I am trying to convey. I have numerous concerns, reservations and disagreements with the "cover your own wallet" viewpoint, but typing them down here would almost certainly spark a flame war. This is not my blog, and anyway I am nowhere near qualified enough to tell people what they should be doing with their own money, so...... Sam has fully understood the crux of my post and the frustration I am trying to convey.

I have numerous concerns, reservations and disagreements with the “cover your own wallet” viewpoint, but typing them down here would almost certainly spark a flame war. This is not my blog, and anyway I am nowhere near qualified enough to tell people what they should be doing with their own money, so……

]]> By: Alvin Lim http://gapnap.com/2009/06/06/im-not-buying-this-whole-%e2%80%9crecession%e2%80%9d-bullshit/#comment-3687 Alvin Lim Tue, 09 Jun 2009 00:37:49 +0000 http://gapnap.com/?p=159#comment-3687 LOL, better cover your own wallet man. If you think that "bro, if don't spend how is the economy gonna be good?". Then I want to ask "bro, if you spend now and get retrenched, who gonna help you?" Whether the economy is good or bad or shit, it is up to central bank and other major banks to control. Don't take up the nation's burden onto your own shoulders. Coz when things screwed up for you, they are not going to come to you and help you out just because you've spent in order to help the nation's economy. LOL, better cover your own wallet man. If you think that “bro, if don’t spend how is the economy gonna be good?”. Then I want to ask “bro, if you spend now and get retrenched, who gonna help you?”

Whether the economy is good or bad or shit, it is up to central bank and other major banks to control. Don’t take up the nation’s burden onto your own shoulders. Coz when things screwed up for you, they are not going to come to you and help you out just because you’ve spent in order to help the nation’s economy.

]]> By: Sam http://gapnap.com/2009/06/06/im-not-buying-this-whole-%e2%80%9crecession%e2%80%9d-bullshit/#comment-3674 Sam Sun, 07 Jun 2009 20:31:47 +0000 http://gapnap.com/?p=159#comment-3674 Its like a downward spiral of human psychology.. "bro i dont dare to spend la, its recession wei." "bro if you dont spend how is the economy gonna be good?" Perfect illustration of the hedgehog dilemma. Its like a downward spiral of human psychology..

“bro i dont dare to spend la, its recession wei.”
“bro if you dont spend how is the economy gonna be good?”

Perfect illustration of the hedgehog dilemma.

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