Turbulence

Just like the turning of engines under the water of a Sydney Ferry that causes the surrounding water to become turbulent, the worlds financial engines have caused much global turbulence with the growing credit crunch. My small investments have pretty much dived and disappeared, and I certainly feel aware of how some people must be feeling. With a 100 billion dollars written off the worlds markets over the last week or two there will be a lot of people in dire circumstances who were previously living on profits they no longer have. The news at present is gloomy. Companies who import everything from cars, to televisions, to clothes, food and almost every aspect of life in this country have in the last couple of weeks seen everything rise 30%. Our dollar at 6:00am this morning was 70.2 US cents and has traded now to 72 US cents. 8 weeks ago it was 97 US cents.

However, I will not join the sullen feelings of many. Win, lose or draw I will be happy. I certainly admired many in Asia when I lived there who had no stocks or bonds, and little money to speak of at all, who were much happier than western people overall. So I will embrace some of their ability to look for the happiness that life still, and always has to offer.

Couple this info with the missing Australian backpacker in Croatia, and the anguish her parents are going through, the people whose roofs were lifted off their homes last night in a significant wind storm of winds around 90km p/h and the suburbs without power and the crazy weather we lived through on the weekend. What an interesting few days. I have appreciated much and have enjoyed all the ebbs and flows. Heres to more excitement!

Comments

Goldenrod said…
Some of that "excitement" I'm sure all of you could have done without!
Ruby Rideout said…
Craig, just seeing this post.

I posted something a teeny bit similar a couple of hours ago.

I/m glad you're being positive with all the mess going on in the financial market. We are feeling it in the US.

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