If you can read this, either the style sheet didn't load or you have an older browser that doesn't support style sheets. Try clearing your browser cache and refreshing the page.

(AsiaOne)   This week's random country that could thrust the world's economy into a global crisis is **spins wheel** Indonesia   (business.asiaone.com) divider line 19
    More: Scary, Bank Indonesia, current accounts, foreign direct investment, Asian Financial Crisis, management consults, economic slowdown  
•       •       •

1651 clicks; posted to Business » on 22 Jul 2012 at 9:42 AM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



19 Comments   (+0 »)
   
View Voting Results: Smartest and Funniest

Archived thread
 
2012-07-22 09:25:10 AM
What happens if you drink a gallon of Rupees? Rupiah.
 
2012-07-22 10:04:17 AM
It's the world's fourth most populous country, with a top twenty economy. It has problems, we'll have problems.
 
2012-07-22 10:11:33 AM
img.photobucket.com

/oblig
 
2012-07-22 10:19:34 AM
There's nothing random about it. The world's economies are intricately connected and perilously balanced. Its about as inexplicable as how the moon affects the tides, which is to say that it seems inexplicable only if you absolutely refuse to learn anything about it.
 
2012-07-22 10:30:20 AM
Good. I hope the bastards go bankrupt.
 
2012-07-22 10:38:37 AM
some of Indonesia's current economic issues stem from its energy policies. its rich in energy resources, but heavy gov't subsidies combined with economic growth are leading to a rapid increase in domestic consumption of oil and natural gas.

already the country is considering a cap on natural gas exports, with all new finds earmarked for domestic use.

this is only going to get worse. he Indonesian automobile market is currently very small for its income level and population size, about 1/4 that of Thailand or Malaysia.
 
2012-07-22 11:25:15 AM

Hollie Maea: Good. I hope the bastards go bankrupt.


Uh, it's their economy, not their national soccer team.
 
2012-07-22 11:27:38 AM

AliceBToklasLives: Hollie Maea: Good. I hope the bastards go bankrupt.

Uh, it's their economy, not their national soccer team.


Yeah, fark the lot of them. Indonesia is one of the worst countries on earth.
 
2012-07-22 11:46:11 AM
Yay, globalization!
 
2012-07-22 12:01:55 PM
Just wait a few years and they'll be so far under water that no bailout will save them.
 
2012-07-22 02:42:12 PM
Let's see, mass unemployment, destabilization in Europe, Midwest dust bowl, Muslim unrest in the Middle East, now a worldwide economic crisis is having a deleterious effect on the export-based economies of Asian countries. Yep, it's the 1930s.
 
2012-07-22 03:01:53 PM
Congrats, Indonesia. Come down and claim your "I was saved by the IMF and all I got was this lousy T-shirt" T-shirt. The world's IOU's proclaiming future cash shipments* will be in the mail on Monday.

*cash shipments may consist, at IMF's option, of lira, drachmas and pesatas backed by a strong deutschmark.
 
2012-07-22 04:40:40 PM

jjorsett: Let's see, mass unemployment, destabilization in Europe, Midwest dust bowl, Muslim unrest in the Middle East, now a worldwide economic crisis is having a deleterious effect on the export-based economies of Asian countries. Yep, it's the 1930s.


Nothing a good old fashioned world war can't fix.
 
2012-07-22 05:10:23 PM
Their currency has been low for a while now, and as the article notes, this has caused a massive influx of Western cash projected to continue for the next year or so. Combined with the fact that the tourist hub of Bali is still regaining tourist trade following the terrorist attacks a few years ago, it's obvious Indonesia is in no real danger.

It's just ripe for new investment.
 
2012-07-22 05:15:39 PM

HotWingAgenda: Their currency has been low for a while now, and as the article notes, this has caused a massive influx of Western cash projected to continue for the next year or so. Combined with the fact that the tourist hub of Bali is still regaining tourist trade following the terrorist attacks a few years ago, it's obvious Indonesia is in no real danger.

It's just ripe for new investment.


Quick! Bailout the banks!
 
2012-07-22 05:22:53 PM

AngryDragon: HotWingAgenda: Their currency has been low for a while now, and as the article notes, this has caused a massive influx of Western cash projected to continue for the next year or so. Combined with the fact that the tourist hub of Bali is still regaining tourist trade following the terrorist attacks a few years ago, it's obvious Indonesia is in no real danger.

It's just ripe for new investment.

Quick! Bailout the banks!


fark the banks. Just encourage some consulting firms and faceless global corporations to go in, revamp the local service industries, and spend money revitalizing the agro exports. If Indonesia starts exporting more high-quality, specialized, renewable commodities, that will give it the sustainable income to survive ephemeral banking and tourism crises.

Also, their film industry already churns out better quality, more Western-friendly movies than India.
 
2012-07-22 10:14:38 PM

Old enough to know better: jjorsett: Let's see, mass unemployment, destabilization in Europe, Midwest dust bowl, Muslim unrest in the Middle East, now a worldwide economic crisis is having a deleterious effect on the export-based economies of Asian countries. Yep, it's the 1930s.

Nothing a good old fashioned world war can't fix.


It's WAY past time.


There's so many of us
There's so many of us
There's so many of us
There's so many....
 
2012-07-23 04:35:41 AM

Hollie Maea: Good. I hope the bastards go bankrupt.


Again? Didn't this region collapse once in the last 20 years already?


HotWingAgenda: fark the banks. Just encourage some consulting firms and faceless global corporations to go in, revamp the local service industries, and spend money revitalizing the agro exports. If Indonesia starts exporting more high-quality, specialized, renewable commodities, that will give it the sustainable income to survive ephemeral banking and tourism crises.


You could have replaced both with prostitution and have effectively said the same thing.
 
2012-07-23 08:01:36 AM
LIBOR Scandal

Google it, so you can laugh at stories like this too.
 
Displayed 19 of 19 comments

View Voting Results: Smartest and Funniest


This thread is archived, and closed to new comments.

Continue Farking
Submit a Link »






Report