The fallibility of Man

"POWER CORRUPTS;

ABSOLUTE POWER CORRUPTS ABSOLUTELY."

Discuss.



Post Date: 8 Oct 08

Slowing Australian economy

To stimulate a slowing economy, the Reserve Bank of Australia lowered the cash rate by 25 basis points to 7.0%, effective 3 September 2008.

The Herald Sun reported that " ... the Aussie's collapse from its mid-July peak of US98.49c has been the most visible sign of the economy cooling to its slowest level of growth in more than two years..."

Aiyah. Because of this, my Aussie dollar fixed account has receded 8.6% (from S$1.3187 to today's S$1.2047).

Australian Dollar to Singapore Dollar Exchange Rate

Can't change into S$. Have to keep in A$, and survive on interest. Poor baby fund ...



Post Date: 4 Sep 08

Time for a holiday

Wifey has been asking when we can have our next break. Choices like Perth, Macau and Hong Kong were initially enthusiastically discussed but had to be eventually discarded.

We eventually narrowed our selection down to Cambodia. While Siem Reap is a great cultural place to visit, I wasn't too sure about the security there. Online reviews sought to soothe the fear, but I needed a second opinion. A DIVINE opinion.

Yes, it's a green light! Thank You very much!

After that, I walked leisurely to the hawker centre to have a light afternoon snack. The dark clouds threatened to pour, but never did.

The feeling is so calm, everything is working out, and I have this overall sense of contentment.



Photo credit here.

Post Date: 4 Sep 08