JOMANIA BRACES AS THE GLOBAL ECONOMIC RECESSION BEGINS
"Expect dire straits ahead," Finance Minister Solviky warns the public.
Mugen City - After months of categorically denying the existence of a looming financial crisis, the Jomanian Finance Minister has finally admitted today that the empire is in dire need "to strap up" its remaining financial resources.
"The Recession is severely affecting the flow of money into our treasury," the teary-eyed Solviky laments in front of TV cameras "With half of our monthly national budget going to paying the empire's credit debts, we are slowly sinking and its effects maybe felt by the general populace very soon."
"We at the government are working hard to keep the economy stable, but with external conditions threatening to thwart our attempts to keep the empire afloat, our task is daunting," the minister explains. "Therefore, we call on the citizens to help us address the looming financial crisis. We need to cut losses by asking everyone to save money and to spend only for essential expenses."
Asked to elaborate on what are essential expenses, the Finance Minister mumbled for a few seconds and then proceeded to explain that his ministry "is still drawing up a list of expenses to avoid until the crisis is over."
"Upon our consultation with the emperor, we will reveal to the public the programs that the government will still support."
Meanwhile stocks tumbled for the fifth consecutive trading day after the Finance Minister's revelation shook investors' confidence at the resiliency of the Jomanian market. The Hak Ken index drops 400 points before closing at 2.5% lower than yesterday's trading...
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Paid two credit card bills this afternoon and there's another big one due before the 10th. Phone bill remains unchanged and so is the cable bill. With the threats of Global Recession being reported on CNN everyday, a sister who stopped working and instead, focusing her attention toward her tibak leanings, and with the output at work getting lesser and lesser as the year comes to an end, I cannot help but feel worried.
Will my earnings keep up with the difficult times ahead?
"Expect dire straits ahead," Finance Minister Solviky warns the public.
Mugen City - After months of categorically denying the existence of a looming financial crisis, the Jomanian Finance Minister has finally admitted today that the empire is in dire need "to strap up" its remaining financial resources.
"The Recession is severely affecting the flow of money into our treasury," the teary-eyed Solviky laments in front of TV cameras "With half of our monthly national budget going to paying the empire's credit debts, we are slowly sinking and its effects maybe felt by the general populace very soon."
"We at the government are working hard to keep the economy stable, but with external conditions threatening to thwart our attempts to keep the empire afloat, our task is daunting," the minister explains. "Therefore, we call on the citizens to help us address the looming financial crisis. We need to cut losses by asking everyone to save money and to spend only for essential expenses."
Asked to elaborate on what are essential expenses, the Finance Minister mumbled for a few seconds and then proceeded to explain that his ministry "is still drawing up a list of expenses to avoid until the crisis is over.""Upon our consultation with the emperor, we will reveal to the public the programs that the government will still support."
Meanwhile stocks tumbled for the fifth consecutive trading day after the Finance Minister's revelation shook investors' confidence at the resiliency of the Jomanian market. The Hak Ken index drops 400 points before closing at 2.5% lower than yesterday's trading...
---
Paid two credit card bills this afternoon and there's another big one due before the 10th. Phone bill remains unchanged and so is the cable bill. With the threats of Global Recession being reported on CNN everyday, a sister who stopped working and instead, focusing her attention toward her tibak leanings, and with the output at work getting lesser and lesser as the year comes to an end, I cannot help but feel worried.
Will my earnings keep up with the difficult times ahead?
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