Thursday 18 March 2010

ONE YEAR ON

It has been a year since I started to write in my blog.

If there is a need to find one single word to describe the last one year of the economics, that would be “speed”. It sometimes felt as if we were travelling at 300thousand kilometres per second.

Just remember the change in Davos World Economic Forum from 2009 to 2010. “We can not predict anything” was the theme brought by CEOs in 2009 whereas in 2010 a wide variety of social subjects were being discussed with a big relief that the worst for global economy is over.

The Economist had made a point about 2008, 2009, and 2010 by first one being financial meltdown, second being government intervention, and predicting third to be exit from expansionary policies. 2010 can also be evolutionary in a “kaizen” sense.