Register Login
DioEnglish.com Return Index

davidhuang's Space http://www.dioenglish.com/?8186 [Favorites] [Copy] [Shares] [RSS]

Blogs

Whether you believe it or not, I do believe any way!

1380 views. 2011-8-9 09:21

Summer is here now all we feelings are hot, but the market is going to winter. If you gave an eye on the news around the world, you will find that something unexpected is happening like debt crisis of USA and Europe and the decline of stock market. This is an indicator of economic crises is becoming. Maybe it’s just the first part of financial crisises; I think it will have a bad influence on our country. Maybe not now but tomorrow or today after tomorrow, nobody knows when it all begins.

 

I can say that China also has a big debt crisis, and the economy of china maybe be going to the wrong side. The governments are overspending to build so-called image projects, like those high-raise buildings of the governments or those empty express ways in northwest of China, but this project can’t earn money to pay the bill of building it. The more money we use in this way the worse crisis we get.

 

But who cares? There’s no punishment for using money in the wrong investing and there’s no watchful eyes. The global economy is going down, the market’s is cool down, and China is also a part of the world, so we can not in prosperity while the world is in recession.

 

Some manufactures in Dongguan city Guangdong province are closed because of the rising prices of materials and the raising payment of the workers and it’s so hard to get the loan from the banks. We are facing many problems like power crisis or financial crisis or the lack workers. None of them is easy to solve. My brother in-law is working in a HK company as an electrical engineer told me that their company is in a hard time now although their business was so good in the pass the other day. He said this time maybe more serious than the financial crisis of 2008.

 

Winter is coming to us although it is scorching hot summer day. Are we on the way to another serious crisis? Whether you believe it or not, I do believe any way!

Post comment Comment (4 replies)

Reply bluephoebe 2011-8-9 13:18
many people around me have the similar worries, and even my husband start to considering selling our old house in case something does wrong with the economy, we could have some case as a buffer. hope the worst won't happen.
BTW, funny i just post a new blog named Believe it or not, i don't believe anywayWhat a coincidence!
Reply singhh4721 2011-8-9 13:33
Like the title~
It's so popular now.
Reply rich 2011-8-9 16:28
i also noticed that you two gals used similar titles. it's unbelievable. coincidence does occur.
i feel a little uneasy seeing the american debt crisis. as the biggest debtor, we china will suffer a lot, and this is just a beginning. however, i found that you are more negative than i was. if your prediction came true, i guess we common people would be the innocent victims mostly affected. i just don't dare to believe it.
Reply davidhuang 2011-8-9 16:54
rich: i also noticed that you two gals used similar titles. it's unbelievable. coincidence does occur.
i feel a little uneasy seeing the american debt cris
I think I am negative because all the news I read are bad news. You see the CPI is up again, and the government is made promises that they will control the costs of everything but the results are unexpected. I think most of time we are too optimism blind. There’s no reason for us to be happy although THE CCTV are saying we are in the prosperity but who will benefit from our prosperity? I am not the lucky one.

I still remember the crisis of 2008, before the crisis, the CPI is up and too many manufactures couldn’t stand the raising prices of the materials. After the financial crisis broke out many factories were closed. The current situation does like 2008.

facelist doodle 涂鸦板

You need to login first Login | Register

每周一篇英文日志,坚持一年,你的英语能力将发生质的飞跃!

DioEnglish.com --- A Nice Place to Practice English and Make New Friends!

English Writing, English Blog, English Diary, 英语角, 英语写作, 英文写作, 英语交流, 英语日记, 英语周记, 英文日记, 英语学习, 英语写作网, 英语作文大全

Website Rules|Contact Us|茶文化|英文博客网 ( 京ICP备06064874号-2 )

GMT+8, 2025-2-17 05:11

Powered by DioEnglish.com

© 2008-2013 China English Blogs

Top