Save the Sharks by Slowing down

Had an interesting discussion with my folks today over dinner about sharks fin as my cousin's upcoming wedding will not be featuring the dish; and it was also all over the local newspapers today.

With recent commodities surging ahead and governments warning of further daily staples such as rice and bread to increase in prices. And to think that oil producing countries are raking in billions due to crazy record oil prices. It is unlikely that retail prices for necessities will soon reverse, or incomes rise faster than food and fuel inflation (since our government will always be exploiting that), consumers will stay on the defensive. Consumers will continue to cautiously reduce discretionary spending and thus pressure the overall economy to slow down. 2008 will be a slow year ahead, so better adjust and learn to be patient. Although a fire sale is still not in the horizon as I still see lots of R8s and GTRs on the roads, perhaps when everyone's holding power has dwindled.



No I did not eat this, shamelessly stolen online.


Interestingly Singaporeans appetite for Shark's fins have increased from 182 tonnes in 2006 to over 470 tonnes last year. Let's hope that the impending stagflation will throw caution to the wind and save many more sharks.