This is what I have..
In one hand I have a brilliant business idea, a brilliant business partner, and a couple of thousand brilliant robots. On the other hand I have an Investor who is basically the best you will be able to find on this planet for the foreseeable future.
Here is what i don’t have..
A pittance (well, not really a pittance per se) to carry my end of the deal. So for the past two months I have spoken to, mailed, messaged and bugged more people than I care to remember to find The One that will be lucky enough to join the best thing to come out from Malaysia since rubber bands. And what do I find?
Nada, Zilch, Kosong, Nothing. First we have to disclude the gutless wonders that will never ever have the balls to invest in anything. As for the balance that do not lack courage or brains, they are BROKE!! Even the guys that own 5 storey buildings are having a tough time “rolling”.
This is what follows a liquidity boom, we will have a liquidity crunch. Uncertainty makes everyone hold on the their paper currency. They are lost, bewildered and basically will wait to see what the rest of the herd is going to do. This includes the banks as well.
If not for the fact that the past two months has been the most fun I have had sober, I will be very very pissed. There is a certain power that foreknowledge gives you, and by virtue of having expected all these changes in the economy both local and global for a while now, it is fun to follow people’s reactions. I am not trying to belittle the “suffering” that follows 3 ringgit petrol, but I must say that the average global citizen has way too much faith in the powers that be, and way too little in himself.
Well anyway, all this cost cutting and “change your lifestyle” crap being spouted by basically everyone is bullshit.
There is only one way out of this quagmire for society as a whole.
STABLE MONEY & LOW TAXES.
I expect that I will write about the above 4 words in 6 or 16 years time and remind everyone that I already gave out the formula in 2008 as an echo to Nathan Lewis who has been saying the same since before I learned to tie my own shoelaces.
Jeevindra Kumar
p.s too add to my growing prowess as an economic prophet. muahhahaha. Gold at USD 8000. KLSE at 3500. chap fan at RM 18.50… muahhahahaha. don’t worry it will be a while yet. ; )
