Sunday, December 16, 2012

Economic Point Of View In Today's Time

I once had a bestfriend who keep warning me not to read nor believe what I was reading in those supermarket tabloids with fresh gossip and old rumors about movie stars, television stars, and other celebrities the tabloid publishers want to be the "star topic" for the week. Not that I'm into so much celebrity chissmiss but because I want to buy tabloids or magazines during those times when the magazine cover was Princess Diana. I was collecting her photos and I was amazed of her clothes, party dress and how fashionable she is. I want to be a fashion designer at a very young age and I don't know why I have chosen Economics in College. Oh I know sort of I ran out of course to take that's why. I was very picky and choosy. First I would like to be an architect and would rather take BS Architecture instead or BS Psychology. But long story short I took AB Economics instead.  Anyway fashion designing is a degree that needs an ample amount of financial stability. You should have at least dozen upon dozen of textile and you must at least have your own textile store to better fulfill the needs of your ambition. Lastly you must have a shop or boutique to showcase your own work. Besides to be a recognized fashion designer you should be in the "known" or associated with those gay fashion consultants with popular models. So that's the negative side of it all.

In today's time it's better to purchase already made garments rather than have your dress sewn from scratch proving you are economically wise. There, that's my economist's point of view.

It seems to me that there are lots of shoppers out there but didn't see any "kettle" from ides of march or from Salvation Army. I think the good news from Minister Flaherty made them wiser when pennies are no longer be counted in. J/K! The last lowest denomination is "5 cents" coin. Would you believe that C$ 11 MILLION DOLLARS savings without those pennies in circulation. Meaning: To produce pennies direct from the Coin Mint Plant or from the treasury cost the government C$11 Million Dollars.

What will the government do with the ELEVEN MILLION DOLLARS SAVINGS? That's the question.

I don't know. And I don't have a clue. I am not the Finance Minister of Canada.

In Economics eleven million dollars is a huge sum of money especially when you don't have hundred bucks in your wallet. In order to win it's better to purchase lotto or lottery ticket. Lottery helps finance government expenditures and create revenues. The end result of the outcome is for the people living in Canada not outside Canada. Do I make myself clear?

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