Top 5 Reasons To Keep Travelling Even At This Global Economy Slumping
The recent global financial meltdown started in US when its real estate market bubble burst and banking instituition went insolvent. Soon after the US, other world’s major financial instituitions reacted fast to slump to a new low and the crude oil price index has dropped to a recording low price since 5 years ago! This chain link effect is further evident in many part of the world’s equity market and hence the global economy are facing a slump.
Many would start to worry about the recession cycle of every 10 years after 1997 and started to cut their daily spending in all respects with beliefs in the terminology of ‘Money Is King‘. Theoretically, the first budget we are going to cut is our travel budget , which is sad for me personally (my travel blog would be less active… 🙁 ). Nevertheless, my response to it is a big ‘NO‘! We should not cancel our vacation plan. Contrariwise, we should travel more at this moment of global economy slumping 🙂 . Why? Here are the top 5 reasons (or excuses… *giggle*):
- So fed up? Go and Relax! – We are having intense pressure in our life and it’s even more during this period. Our already subtle income and assets appreciation has suddenly became negligible and we are so fed up after all the hard earned money depreciated over night! What should we do? Go travel and relax! ;
- Save monies on Air tickets and Hotel – Especially during the economy crisis, our travel would cost us a lot lesser as all vendors are offering cheap bargain in order to survive. Air tickets, hostel rate, eating-out are all going to be cheaper! ‘Demand and supply‘ rules;
- Save Energy of offices for this non-productive period – During the economy slump, less demand means less productive in our office and business. What we could do is to shut down office or factory to save energy and Go Travel! (This is a bit ‘hard sell’ mate…);
- Search for new opportunity – Go travel! Open our eyes and search for new opportunity of new business in abroad. We may find some great ideas in other part of the world that could to be adopted in our country instead, and
- Stimulate the global economy – Com’on! The global economy is already slumping! Spend more to stimulate the global economy so it could recover faster!! Bravo!
‘What a nonsense excuses!’ At least I feel better with my vacation plan to Shanghai next month 🙂 . Another 32 days to my 8D7N Shanghai autumn travel… countdown continues…. – Travel Feeder.
Singapore is officially now under recession. I wonder what will happen next, though it seems that Asian stock market has bounced back this week. Sigh… now I can only afford to take coaches or drive up to Malaysia. Thankfully, Malaysia is a nice travel destination too!!
Actually my hubby grew up in Taiping when he was still a young kid, before moving to Ipoh. Well, if Ipoh is considered an old city for retirees, Taiping seems even older! I still prefer Ipoh cos at least it has Jusco, Parkson and nice food! XD Not really familiar with Taiping. It looks like no one bothers to develop the city.
eunices last blog post..Taiping Lake Gardens
- October 14, 2008You almost took the words out of my mouth! *giggles*
I’ve been thinking about writing something similar, but now I don’t have too, you beat me 🙂
Besides that, there are always some ways to travel, budget trips or even smaller road trips, the main thing is to explore more, right?
Lifecruisers last blog post..Get some Halloween spirit
- October 15, 2008