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"Between 1980 and 1982, the challenges faced by the world economy included a severe recession, a second oil shock, and exceptionally high international interest rates to combat what was for the developed world, if not a country like Jamaica, extremely high inflation. Among the unintended consequences of these overly high interest rates was the triggering of the third-world debt crisis, which began in 1982 and lasted for the rest of the decade."
"The crisis has now morphed into a global economic crisis of unprecedented severity. Any so-called "green shoots" are only the result of unprecedented fiscal and monetary stimulus by the world's major developed economies. The only developing countries able to implement stimulus packages have been those, such as China, which had taken advantage of the good times between 2003 and most of 2007 to self-insure their economies through the accumulation of vast foreign exchange reserves, which they are now able to spend in the bad times."
Yuh need the Strict Parent to prevent the household from sinking into anarchy during the 'tough' times.
That is their lot in this life.. someone has to do it.
Wi leave the 'Partying' and 'spending' and 'quixotic behaviour (at the expense of the tax-payer)' to the PNP..
<The men dress well, dance well and speak eloquently, all semblence of real hard-work they left behind with slavery> - The Truth aka Lee Kuan Yew
"The crisis has now morphed into a global economic crisis of unprecedented severity. Any so-called "green shoots" are only the result of unprecedented fiscal and monetary stimulus by the world's major developed economies. The only developing countries able to implement stimulus packages have been those, such as China, which had taken advantage of the good times between 2003 and most of 2007 to self-insure their economies through the accumulation of vast foreign exchange reserves, which they are now able to spend in the bad times."
Yuh need the Strict Parent to prevent the household from sinking into anarchy during the 'tough' times.
That is their lot in this life.. someone has to do it.
Wi leave the 'Partying' and 'spending' and 'quixotic behaviour (at the expense of the tax-payer)' to the PNP..
<The men dress well, dance well and speak eloquently, all semblence of real hard-work they left behind with slavery> - The Truth aka Lee Kuan Yew
mi still undesided but di same ole same ole PNP fail policies 
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