You don't need to reply to this Pelanuk but I have a lot of reservations about
the cyclical perception.  This time I believe you will agree it's looking more
like a systems breakdown.
Bear Stearn is down and expected to follow is a bunch of the smaller outfits. 
The bottom is still far away after the sub-prime.  Chances are nobody can tell
what it will be like after the end is reached.  Maybe a new Bretton Woods....? 
 

--- On Tue, 7/8/08, yamyam2u <yamyam2u@...> wrote:

From: yamyam2u <yamyam2u@...>
Subject: [beritamalaysia] Re: It's The Gutter
To: beritamalaysia@yahoogroups.com
Date: Tuesday, July 8, 2008, 7:43 PM






hi p!

--- In beritamalaysia@ yahoogroups. com, pelanuk@... wrote:
>
> Hey, it's the "ten-year itch". Or, haven't you noticed.
> 1967-69/1977- 78/1987-89/ 1998-99/2008- ?.

i thought the itch cycle is seven years. ten, i'd say, is probably
curse or blight.

> But once again, one can take some cold comfort in that unlike those
> ten year itches pre-1998, this one too does not have the ethnic edge
> (although it's not for trying by some of the factions in the bolot
> negara collection). Wow, two times in a row. So, on the optimistic
> side, we, the people, are growing up. Now that's something to take
> heart from.

hope the sign of maturity and tolerance is not due to temporary
camaraderie created by the common source blighting everyone's life and
future. if the racial-blindness becomes something permanent, then this
sorry administration is at least good for something.

> As for all those commentators who suggest AAB as the Gorbachev of
> Malaysia -- intending that as praise -- let's definitely hope not.

Guess they think that's better than the earlier suggestion that he is
the GusDur of Malaysia. But GusDur at least knew when to step down.

> Let's see: the greatest decline in life-expectancy in any country in
> peace time; the greatest rise in absolute poverty; a great
> depression for the large majority; the rise of an oligarchy
> snatching the crown jewels; a relief at the return of a strong man;
> etc.

Let's hope a leader as strong and capable as Putin materializes after
the impending choas due to this directionlessness of AAB.

Let's hope too that Malaysians realize that that leader is not AI. the
man is still all hot air and no substance (even if he was
well-compensated when he did his lecture circuit here post
out-of-the-pen -- not worth the time or the money was what i heard),
and not above taking credit for the efforts of others.

also that penchant for histrionics. .. so tedious.

-m-


















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