The ripple effect of the present global economic downturn is causing a reverberating effect that is having a negative impact on the countries concerned with the inclusion of the mighty U.S.A in the North America, England in Europe and our beloved country Nigeria is not left out of this debacle.
Unlike minor business contractions that may occur in one country independently of business cycles in other countries, this recent incessant downturn has been worldwide in scope. This persistent downturn has been regarded as the most severe in recent times and is even considered to be more severe than that of the great depression that took place in 1929(used to be regarded as the most widespread depression in the 20th century).
This situation has led to a financial credit squeeze condition all over the world in which the amount of credit in the world economies is restricted and so slows down economic activity. This current global financial crisis started from the U.S.A. in banks and other money lending institutions who had high liquidity and then started giving out mortgage loans (loan installment to be repaid, also called risky loans) to borrowers. Most borrowers due to their low level of income were not able to pay back their borrowed loans and this resulted into bad debts (in finance are debts which are almost impossible to recover) which had to be written off by such financial institutions. Since we are living in a globalized world the reverberating effect circulated to other parts of the world where companies that bank with such financial institutions have subsidiary companies thereby making the crisis global in scope.
The economic setback has caused the income and spending of households and businesses to decline, even though not all businesses and households experience actual declines in income but their expectations about the future becomes less certain and thereby causes the delay of making of large purchases and investments. This economic setback has forced notable corporations in the U.S.A. to close down and even the liquidation of some in Nigeria. It has affected the foreign exchange rates of different countries some positively and others negatively.
There has been change in recent times brought about by the implementation of various policies by different countries involved in the meltdown. We are looking forward to more noticeable change, improvement and finally an end to this crisis in the long run.
Babalola Oladapo
Tuesday, March 10, 2009
Wednesday, February 25, 2009
Article on Entertainment –Movie industry: Hollywood In The Buff
Have you guys noticed the trend of events in the ever bustling American movie industry (Hollywood) in the writhing sexily all over the place by notable actresses just to sell their movies?
Can you imagine a five times academy awards (prizes given annually in the U.S for excellence in the creation and production of motion pictures) winner of the Titanic fame posing ‘nude’ just to sell her movie. She is not the only veteran actress involved in this ‘nakedness show’, others involved include Angelina Jolie, Halle Berry, Cameron Diaz , Kiera Knightly and even Nicole Kidman who has got nothing to bare is not left out of this ‘nakedness party’.
Seriously, why do they allow themselves to be used like this? If the little girls do it, it’s understandable (though not right) but these are women with children for goodness sake. Do they know the threats this is posing to youths who aspire to be like them?. These bunch of youths would feel baring is the quickest way to achieving stardom. This subject of concern should be deprecated so as to finally put an end to it. Putting a stop to this nudity issue will make actresses better role models to aspiring youths and this would encourage youths to take up acting as a professional career, make nudity a forgotten issue and the world would be a better place for our youths to live in.
Babalola Oladapo A.
YWAP DOWN SOUTH'S BLOG IS BACK
Hey Guys,
This is just to inform you that our blog is back and running. We are sorry for the inconsistensies and we promise to constantly keep updating it. Thanks for staying locked!
God Bless,
Administrator
This is just to inform you that our blog is back and running. We are sorry for the inconsistensies and we promise to constantly keep updating it. Thanks for staying locked!
God Bless,
Administrator
Tuesday, December 2, 2008
Friday, November 21, 2008
A SENSE OF BELONGING
Have you ever felt like you don’t belong? You could be in a crowd, have as many “popular friends” as possible but still feel like you don’t fit in. Believe me it’s got nothing to do with the people around you but it’s got a lot to do with the person within you.
Someone once told me that we shouldn’t let the outer stuff control the inner stuff. Sometimes we get the feeling that some specific people are meant to take up some particular responsibilities. But can I ask a question, can you write a list of at least five things such a person has that you don’t have besides material stuff? “For they conquer who believe they can”. It’s all about your mind set.
What really is this “sense of belonging” we all talk about? It is not the ability to fit into a group of people neither is it the fact that people feel your impact. Actually it is both. To have a sense of belonging you should fit into the group and the only way to do that is to have an impact on the people in that group. Nobody wants to be associated with someone that has nothing to offer. Your aim of fitting in should not be because you want to be known as a member of that group i.e. to improve your social status. It should be because you have a lot within you which you want others to benefit from.
It is just like a garden, a weed is seen as a plant which does not belong because it has nothing to offer. It is a perfect example of selfishness; taking and never giving. The bible makes us understand that giving guarantees your receiving. Now, let me tell you why you have no sense of belonging. It is because you have nothing to offer. It is a painful truth but the truth they say is bitter. If you believe you have something to offer, why then do you hold it back?
The only way you can belong is to have something to give and not you wanting to receive. Let the person within you that has everything to offer burst out and over shadow the selfish man everyone sees. There is a lot you can accomplish by being contributing because the more your contribution the greater your sense of belonging.
Nnenne Ude
Someone once told me that we shouldn’t let the outer stuff control the inner stuff. Sometimes we get the feeling that some specific people are meant to take up some particular responsibilities. But can I ask a question, can you write a list of at least five things such a person has that you don’t have besides material stuff? “For they conquer who believe they can”. It’s all about your mind set.
What really is this “sense of belonging” we all talk about? It is not the ability to fit into a group of people neither is it the fact that people feel your impact. Actually it is both. To have a sense of belonging you should fit into the group and the only way to do that is to have an impact on the people in that group. Nobody wants to be associated with someone that has nothing to offer. Your aim of fitting in should not be because you want to be known as a member of that group i.e. to improve your social status. It should be because you have a lot within you which you want others to benefit from.
It is just like a garden, a weed is seen as a plant which does not belong because it has nothing to offer. It is a perfect example of selfishness; taking and never giving. The bible makes us understand that giving guarantees your receiving. Now, let me tell you why you have no sense of belonging. It is because you have nothing to offer. It is a painful truth but the truth they say is bitter. If you believe you have something to offer, why then do you hold it back?
The only way you can belong is to have something to give and not you wanting to receive. Let the person within you that has everything to offer burst out and over shadow the selfish man everyone sees. There is a lot you can accomplish by being contributing because the more your contribution the greater your sense of belonging.
Nnenne Ude
A SENSE OF BELONGING
Have you ever felt like you don’t belong? You could be in a crowd, have as many “popular friends” as possible but still feel like you don’t fit in. Believe me it’s got nothing to do with the people around you but it’s got a lot to do with the person within you.
Someone once told me that we shouldn’t let the outer stuff control the inner stuff. Sometimes we get the feeling that some specific people are meant to take up some particular responsibilities. But can I ask a question, can you write a list of at least five things such a person has that you don’t have besides material stuff? “For they conquer who believe they can”. It’s all about your mind set.
What really is this “sense of belonging” we all talk about? It is not the ability to fit into a group of people neither is it the fact that people feel your impact. Actually it is both. To have a sense of belonging you should fit into the group and the only way to do that is to have an impact on the people in that group. Nobody wants to be associated with someone that has nothing to offer. Your aim of fitting in should not be because you want to be known as a member of that group i.e. to improve your social status. It should be because you have a lot within you which you want others to benefit from.
It is just like a garden, a weed is seen as a plant which does not belong because it has nothing to offer. It is a perfect example of selfishness; taking and never giving. The bible makes us understand that giving guarantees your receiving. Now, let me tell you why you have no sense of belonging. It is because you have nothing to offer. It is a painful truth but the truth they say is bitter. If you believe you have something to offer, why then do you hold it back?
The only way you can belong is to have something to give and not you wanting to receive. Let the person within you that has everything to offer burst out and over shadow the selfish man everyone sees. There is a lot you can accomplish by being contributing because the more your contribution the greater your sense of belonging.
Nnenne Ude
Someone once told me that we shouldn’t let the outer stuff control the inner stuff. Sometimes we get the feeling that some specific people are meant to take up some particular responsibilities. But can I ask a question, can you write a list of at least five things such a person has that you don’t have besides material stuff? “For they conquer who believe they can”. It’s all about your mind set.
What really is this “sense of belonging” we all talk about? It is not the ability to fit into a group of people neither is it the fact that people feel your impact. Actually it is both. To have a sense of belonging you should fit into the group and the only way to do that is to have an impact on the people in that group. Nobody wants to be associated with someone that has nothing to offer. Your aim of fitting in should not be because you want to be known as a member of that group i.e. to improve your social status. It should be because you have a lot within you which you want others to benefit from.
It is just like a garden, a weed is seen as a plant which does not belong because it has nothing to offer. It is a perfect example of selfishness; taking and never giving. The bible makes us understand that giving guarantees your receiving. Now, let me tell you why you have no sense of belonging. It is because you have nothing to offer. It is a painful truth but the truth they say is bitter. If you believe you have something to offer, why then do you hold it back?
The only way you can belong is to have something to give and not you wanting to receive. Let the person within you that has everything to offer burst out and over shadow the selfish man everyone sees. There is a lot you can accomplish by being contributing because the more your contribution the greater your sense of belonging.
Nnenne Ude
A SECRET OF SUCCESS
One very important secret to succeeding is to “pray as if everything depends on God and work as if everything depends on you“. The equation has to be balanced before you can get results.
Just as in mathematics; if the R.H.S (right hand side) is not equal to the L.H.S (left hand side) the equation can never yield the required results. So also it is with success, trying so hard on your own isn’t getting you anywhere and praying without working won‘t get u anywhere either. They go hand in hand; one without the other is like a river without water (why then is it called a river).
The bible makes us understand that we should learn to trust in God and lean not on our own understanding, Proverbs 3:5. The same bible says that you can only reap what you have sown
Galatians 6:7. If you sow hard work you reap the reward of a hard worker.
But we should not lose sight of the fact that hard work alone can get a man nowhere. If not how do we explain the case of a person who reads for hours unending and still has nothing to show for it. For a food to be sweet all the necessary ingredients must be present and in their appropriate quantity. The benefit of trusting in God while working hard is that for every little effort you make God multiplies it giving an output that is a thousand times greater than the original input. Only with God is the law of conservation of energy disobeyed.
Remember once more to pray as if everything depends on God and work as if everything thing depends on you and you will see what a wonder you will be to your world.
Nnenne Ude
Just as in mathematics; if the R.H.S (right hand side) is not equal to the L.H.S (left hand side) the equation can never yield the required results. So also it is with success, trying so hard on your own isn’t getting you anywhere and praying without working won‘t get u anywhere either. They go hand in hand; one without the other is like a river without water (why then is it called a river).
The bible makes us understand that we should learn to trust in God and lean not on our own understanding, Proverbs 3:5. The same bible says that you can only reap what you have sown
Galatians 6:7. If you sow hard work you reap the reward of a hard worker.
But we should not lose sight of the fact that hard work alone can get a man nowhere. If not how do we explain the case of a person who reads for hours unending and still has nothing to show for it. For a food to be sweet all the necessary ingredients must be present and in their appropriate quantity. The benefit of trusting in God while working hard is that for every little effort you make God multiplies it giving an output that is a thousand times greater than the original input. Only with God is the law of conservation of energy disobeyed.
Remember once more to pray as if everything depends on God and work as if everything thing depends on you and you will see what a wonder you will be to your world.
Nnenne Ude
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