3am

OMG! It’s 3 am now…

Job hunting is hard.

Credit crunch in US leads to companies, householders in debts. Companies cut down labour cost/closed down, people lost their jobs, the spending power decreases tremendously. As spending power decreases, demand for products decrease, which leads to decrease in the demand of manufacturing outputs. And it links back to companies not earning enough profits to sustain the operation, and start to cut down labour. The whole situation just stay in the cycle.

Economics factors not only affect macro but micro.

The whole situation applies to each country as the demand for import and export changes due to domestic/foreign income level, as this is open economy.

Y = C + I + G + (X-M)

Income level (Y) can be affected by the change of consumer’s consumption (C), investor’s investment (I), government expenditure (G) and net export (X-M).

How to solve this economic downtown? What is US doing now?

Can US be in Current Account deficit for so long? How are they going to finance the account? Expansionary fiscal policy?

Geez, what am i writing? *blur*

What should i work as? AHHHHHHHHH~~~

I have edited my resume again after seeking some opinions from darling. Very useful comments from him and his HR friend. Woohoo~

Just sent out my resume to a few agencies and firms.

Time to sleep.