FS 3
Is there any difference between today and the past? The answer is obvilous.
Money is not the be-all and end-all, however, it is part and parcel. To the vast ordinary people, the biggest difference is that we cannot earn our lives easily as before, in other words, it’s so easy to lose job in this day and age.
The booming unemployment rate tells everything!
Even a very common person that without a grasp of economical expertises can also get the conclusion easily, because we are really heading for the recession with a rapid and terrible speed. The economy itself just like a big ship and each of us is a passenger in it, perhaps we may cannot feel any tiny change even if you are a meticulous person for the ship so huge. However, most of us finally feel the existence of it, we are getting stuck in a stagnant economy.
Is it an inflation? No. Is it a deflation? No. What’s it? It’s a stagflation, a combination of the former and the later. How can we off the hook? Perhaps no good treatments(therapy). I do believe the related government departments almost have gave their all, such as reducing loan rate, lowing down tax rate, releasing more money, stimulating( Noun: stimulus ) more comsumption, giving more policies, etc. However, they have missed the boat, they are doing correct things in wrong time which means there are no bed of roses for them anymore. By all of these actions, at least in a quite long term, the economy cannot have a uptrun, further more, some stupid performances performed by them are adding insult to injury.
A gigantic downturn is inevitable and inreversible!
A robust( [roʊˈbʌst] 强健的 ) economy only is a dream now! We are experiencing an all-time low and because of the massive stress of the decline, we are going to hit rock bottom.
As the so-called dragon, can you go through the roof and soar to the high sky agin?