Everyone's blogging about the MBT. So let's jump into the bandwagon and spill the beans!

I haven't been studying...

At all.

Okay fine, I did study the Indo-Pak conflict and bits and pieces of Arab-Israeli Conflict, but that's about all. I'm just going to class tomorrow, sit down with a pen in hand, then answer the questions that I can possibly answer.

It's Econs tomorrow, people. Have fun thinking of the falling US dollar that makes imports a lot cheaper right now. People are importing more than they export then local produce will be more expensive. Next thing you know, there's slow economic growth cause the net exports are dropping. When net exports fall, aggregate expenditure falls and voila!

HIGHER GENERAL PRICES!

Not bad eh? For someone who spent the holidays cooking, cleaning, shopping and studying when the mood comes.

By the way, Singapore's inflation rate is superbly high, just 2.3 points short of China, at 6.6%.

P.S. Inflation is the period of sustained and inordinate increases in general price level.

P.P.S. I wanna buy stuff online since US dollar is cheaper now. Hohum!