Thursday, December 11, 2003
Thoughts:
There's an interesting thread on HAAJGroup. Topic was 'truth'. Truth, reality, perception, belief-system, value-system... one member suggested us this site: http://www.aynrand.org/ on Objectivism. What on earth is Objectivism? Havent had the time to read yet... but this'll be my next project. Well, that and packing the books...
There's an interesting thread on HAAJGroup. Topic was 'truth'. Truth, reality, perception, belief-system, value-system... one member suggested us this site: http://www.aynrand.org/ on Objectivism. What on earth is Objectivism? Havent had the time to read yet... but this'll be my next project. Well, that and packing the books...
In Focus:
It's that time when we celebrate borrowing again. This country is so deep in debt, we may never get out of it in our lifetime. Letting ourselves vulnerable and self-respect trampled... ('IMF to vote on last Indonesia loan tranche on Dec. 19: Minister', The Jakarta Post, December 11, 2003) "Indonesia has decided not to ask the IMF for a new agreement when its current $5 billion borrowing facility runs out at the end of this month, citing a return to economic stability. The economy is set to grow 4% this year, and foreign reserves stand around $33 billion.
The government called in the IMF at the onset of the 1997-1998 Asian financial crisis, when foreign capital fled the country.
Since then, Indonesia has borrowed $13 billion, of which it has already repaid $4 billion. The nation will begin repayments on the remaining $9 billion during 2004, as well as enter into what the IMF calls "postprogram monitoring" of the economy."
It's that time when we celebrate borrowing again. This country is so deep in debt, we may never get out of it in our lifetime. Letting ourselves vulnerable and self-respect trampled... ('IMF to vote on last Indonesia loan tranche on Dec. 19: Minister', The Jakarta Post, December 11, 2003) "Indonesia has decided not to ask the IMF for a new agreement when its current $5 billion borrowing facility runs out at the end of this month, citing a return to economic stability. The economy is set to grow 4% this year, and foreign reserves stand around $33 billion.
The government called in the IMF at the onset of the 1997-1998 Asian financial crisis, when foreign capital fled the country.
Since then, Indonesia has borrowed $13 billion, of which it has already repaid $4 billion. The nation will begin repayments on the remaining $9 billion during 2004, as well as enter into what the IMF calls "postprogram monitoring" of the economy."
Updates:
Time flies... last time I post it was a few days before Eid. The GP guys came and they went. Dont know really where our position is. Eid was pretty quiet. Umi had a bad cough, N went to Medan on the third day leaving me by myself with Umi for a week. It's good. I wasnt in the mood for merriment anyway. Was a bit sad that Ramadhan is over though... Went to the crazy doctor on the 4th. Umi was a bit irritated, but he is very good. Her cough is almost gone now. N came back on the 3rd. Had a job cancellation at the last minute. Disappointing. Wrote a short article on the shelter for Jakarta Travellers yesterday. Still cant shake the bad habit of putting everything off until the last minute. Submitted a badly editted piece.
Time flies... last time I post it was a few days before Eid. The GP guys came and they went. Dont know really where our position is. Eid was pretty quiet. Umi had a bad cough, N went to Medan on the third day leaving me by myself with Umi for a week. It's good. I wasnt in the mood for merriment anyway. Was a bit sad that Ramadhan is over though... Went to the crazy doctor on the 4th. Umi was a bit irritated, but he is very good. Her cough is almost gone now. N came back on the 3rd. Had a job cancellation at the last minute. Disappointing. Wrote a short article on the shelter for Jakarta Travellers yesterday. Still cant shake the bad habit of putting everything off until the last minute. Submitted a badly editted piece.
