backdoc» March 7th, 2015, 1:34 am IMO
RIDERS ON THE STORM
THIS IS A MORE THAN INTERESTING ARTICLE TO ME. THEY START BY ACKNOWLEDGING THE FACT THAT COMPETITION IN WORLD MARKETS ELIMINATES INEFFICIENCIES AND CREATES THE MOST COMPETITIVE PRODUCT.
THEN THEY GO ON TO SAY THAT THEY HAVE THE NEED FOR SPEED, LOL TO SPEED UP THE DIVERSIFICATION PROCESS OF THEIR ECONOMY TO REDUCE ITS DEPENDENCE ON OIL!
ANY GUESS WHY? MMMM
THEY ALSO CONFIRM THAT THEY NEED TO LET THE PRIVATE SECTOR DO THEIR JOB AND THEY WILL GIVE THE LAWS TO SUPPORT THAT. THEN THEY STATE A POSSIBILITY OF A SEVERE MARKET CORRECTION WHICH COULD IMPACT THEM WHICH IS WHY THEY NEED TO RESTRUCTURE THEIR ECONOMICS TO PREPARE FOR IT!
WOW ! THAT WAS A MOUTH FULL IN MY OPINION!
THEY SEE WHAT WE SEE ABOUT OIL PRICES BEING IMPACTED NEGATIVELY AND THEY WANT TO FINANCIALLY BE STRUCTURED DIFFERENTLY TO RIDE OUT THE STORM SO TO SPEAK!
IT REMINDS ME OF THE SONG: “RIDERS ON THE STORM” BY THE DOORS! LOL IMO
by walkingstick » March 6th, 2015, 5:01 pm Market economy 3/7/2015 0:00
said economic researcher Firas Amer: that the reason for the success of a market economy in the world due to the efficiencies created by the competition between the production units which not only normal profits, but is seeking to achieve economic profits.
He said in a statement »Sabah» that economic planning is the foundation physical competition of the private sector, stressing the need to speed up the application of strategies emerging economic reality and most importantly reduce dependence on oil as a resource for the budget and to allow the private sector legislation of new laws and Dolly supported for taking real role in Altantmah process.
He pointed out that the possibility of production units predicted recessions and recovery economists The emergence of the phenomenon Allawforat crashes in size through the mechanics of the various economic re-structuring.