1 yr later - the ghost ships of Malaysia

Date Started: Aug 8, 2005
Entries: 1,571
Comments: 3,899
Total Visits: 8,931,119

September 14th, 2009 at 07:02 am

This was the most interesting

article I've seen in months. Talk that the recession is over sounds like whistling in the wind. The shelves will certainly look light this Christmas.

Broken Arrow Says:
September 14th, 2009 at 02:03 pm 1252933388
1252933388

That really is interesting! Hmm, yet another sign that this recession is far from over....

But to try to put a brighter spin on this, perhaps it also means that conspicuous consumption has leveled off considerably. If so, that's a good thing in the end....
ceejay74 Says:
September 14th, 2009 at 03:06 pm 1252937209
1252937209

Wow, thanks Baselle
monkeymama Says:
September 14th, 2009 at 04:31 pm 1252942271
1252942271

Thanks for sharing - very interesting.

(My spouse used to work in Malaysia a bit - in the booming years - so I sent along to him - thought he would find it interesting).
creditcardfree Says:
September 14th, 2009 at 04:46 pm 1252943210
1252943210

That was very interesting. Sad from some respects, but it needs to happen for the economy to recover. Some of those boats may need to be turned into something else. Think how many people could live on one of those if they turned it into an apartment boat!
Joan.of.the.Arch Says:
September 14th, 2009 at 10:34 pm 1252964078
1252964078

Thank you for that. It is eye-opening.

(Note: If you were logged in, we could automatically fill in these fields for you.)

Name:	*
Email:	Will not be published.
	Subscribe: Notify me of additional comments to this entry.
URL:
Verification:	* Please spell out the number 4. [ Why? ]

vB Code: You can use these tags: [b] [i] [u] [url] [email]

baselle's Financial Diary