Lots of Changes Coming…and they are Good

One hopes, a lot of quality investment that will bring work and wealth to Indonesia and her people.

One can only hope...

Before this trainwreck heads into a deeper pit upon no return, pushed by the worsening global economy.

On best estimates by experts though, any policy implemented now will have an impact more than a year later.
The market reaction is still rather lukewarm non committal.

As some European countries' economies die in a festering heap of wasted bailout money, one prays for Indonesia, and preys for Eurozone investors who are sick of a million restrictive laws and massive taxation.
If Mr Duck should win his presidential bid, a lot of Arabic investment could very well move away from that large nation and end up in Asia, Indonesia being in a prime position to bid for it.

Perhaps Joko should be sending envoys to Saudi and other middle east nations, hunting out investors who could well move their cash away from the states in the near future.

enduringword wrote:

One can only hope...

Before this trainwreck heads into a deeper pit upon no return, pushed by the worsening global economy.

On best estimates by experts though, any policy implemented now will have an impact more than a year later.
The market reaction is still rather lukewarm non committal.

I have been hearing  the views of many economists who suggest the world is on the brink of  a major recession with no easy way out , QE etc , unfortunately this will have a negative effect here , further draining reserves , with  downward pressure on the rupiah.