Comments on: Some Thoughts About The Financial Crises http://opeosho.com/blog/some_thoughts_about_the_financial_crises/ Ever Evolving world of Dynamism and Lack of Understanding Sat, 17 Dec 2011 22:01:11 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Ope http://opeosho.com/blog/some_thoughts_about_the_financial_crises/comment-page-1/#comment-1044 Ope Fri, 05 Jun 2009 11:19:47 +0000 http://opeosho.com/blog/?p=62#comment-1044 @ Ekene, The big question is where did the cash go? I have noticed almost everyone's complaining about the crunch but I also know that not everyone's affected by this economic crisis (amongst which are salary earners outside the financial sector). My conclusion therefore, is the that the cash exist but its the courage that's lacking, this leads me to quote by Warren Buffet I read up somewhere " Be cautious when others are aggressive, and be aggressive when others cautious" this is one quote about stock market investing that I have found to be very useful. @ Ekene,
The big question is where did the cash go? I have noticed almost everyone’s complaining about the crunch but I also know that not everyone’s affected by this economic crisis (amongst which are salary earners outside the financial sector).
My conclusion therefore, is the that the cash exist but its the courage that’s lacking, this leads me to quote by Warren Buffet I read up somewhere ” Be cautious when others are aggressive, and be aggressive when others cautious” this is one quote about stock market investing that I have found to be very useful.

]]> By: Ekene http://opeosho.com/blog/some_thoughts_about_the_financial_crises/comment-page-1/#comment-1043 Ekene Tue, 10 Mar 2009 12:25:07 +0000 http://opeosho.com/blog/?p=62#comment-1043 You are right what we need now is Courage and Calm, but cash, well, that is the problem we are talking about, it goes futher to broaden the issue that the world and indeed Nigeria really need to do better than the old game they have playing. My take about all this prediction is that most people are just programmed and controlled, some group of people sit somewhere play the finacial and economic game and then pass the result to the rest of the world. Why should every one panic because of prediction, a country like Nigeria has been in recession even before the global so called crisis, why do they pretend as if the economy has been good even before now. Fuel price has been up before now, doing business in Nigeria has been very high before now, caused mainly by lack of infrastructure: power, security, bad roads and unfriendly policies. I could write an article on this topic, but at this moment let Nigerians look inward, diversify and forget about the predictions, because others will recover and Nigeria will still lag behind, Now is the time to say we can do it for ourselves. You are right what we need now is Courage and Calm, but cash, well, that is the problem we are talking about, it goes futher to broaden the issue that the world and indeed Nigeria really need to do better than the old game they have playing.

My take about all this prediction is that most people are just programmed and controlled, some group of people sit somewhere play the finacial and economic game and then pass the result to the rest of the world. Why should every one panic because of prediction, a country like Nigeria has been in recession even before the global so called crisis, why do they pretend as if the economy has been good even before now.

Fuel price has been up before now, doing business in Nigeria has been very high before now, caused mainly by lack of infrastructure: power, security, bad roads and unfriendly policies.

I could write an article on this topic, but at this moment let Nigerians look inward, diversify and forget about the predictions, because others will recover and Nigeria will still lag behind, Now is the time to say we can do it for ourselves.

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