16 May 2006

Truth Stands, Even If There Be No Public Support.



Nearing the end of what was (ashamedly;p) enjoyable work:( Back to ticking and bashing! Back to being a checker…
Good thing I’ve managed to clock up quite a bit of overtime- been using up way more than my share of leave and going to need all that leave to study for board soon- lectures start next week! The art of studying will have to once again be acquired and put into action.

The brightest young minds of the land where treated to an interesting presentation by a investment advisor- highly entertaining, factually crammed and superbly presented: India is competing with China for natural resources as their economy is sky rocketing, the Chinese are consuming and producing more than the rest of the world, Africa is the new place to be and trade! On the other hand, America is in big trouble- the war cost them way more than they planned but they getting oil out of Iraq so that helps a bit. The world property market is a huge bubble that may explode soon- the Americans in a dreadful position in that regard. South Africa may just be able to sustain the property bust though- as long as there is no war in Iran…

Imagine living in Melrose Arch for 10 weeks and then on your last weekend in town visiting a squatter camp in Soweto- from extreme wealth to extreme poverty! Sure to touch a nerve somewhere deep inside you- sad, but is even sadder is that not many know what, if anything at all, to do.. And it gets worse- those in the neighbourhood have adapted the senses to totally miss the whole picture! I guess that acknowledging that there are problems and then making a decision to do something, anything, is just about a good place to start…

The Apartheid museum, regardless of the fact that there may be Zionist money behind it, is really well done! A person can walk through the experience prepared and get a real feel of what Apartheid really must have been like. Most of our generation were fortunate to miss most of it, which is probably why we don’t fully appreciate the freedoms and benefits we enjoy today… A good idea to take family and friends for a visit- good chance that it may strike a cord deep down somewhere…

Btw, the past few soccer games have been highly entertaining!

5 comments:

Anonymous said...

nice one, very nice:)

zee said...

Why would our property bubble burst if there's war in Iran??

Bilal said...

our property bubble is probably not going to burst until after the world cup. A war in Iran may just be a catalyst for a number of bubbles that are waiting to burst!

zee said...

no i meant why would war affect property prices? i'm trying to understand the correlation...are ppl moving out of long term commitments and into short term investments OR are they moving more of their wealth into resources like gold and oil?

Basically i'm trying to understand the rationale behind 'WAR equals DROP IN PROP PRICES'

Oh well, we'll leave that for a face to face discussion!:)

ciao!

Bilal said...

yes, thats a good idea! lets discuss the future of the world economy, potential for war and its impending consequences the next time we meet:)