I personally sometimes late in anticipation of any
conditions, such as the 2008 financial crisis. The financial crisis started
from the subprime mortgage crisis in early 2008. at that time we did not
realize that the subprime mortgage crisis will have no impact on Indonesia. We
believe that the economic fundamentals are strong. Until the middle of year
there are many people who to remain at closing level of the index for end of
the year in the range 2000-3000. As we know, the subprime mortgage crisis
turned into a global financial crisis. In October 2008 we were surprised when
the index dropped to should be postponed
What happens is senses we reduce the problem without us
knowing. This is called boiled frog Phenomenon. Suppose you're boil the hot
water, when the water is boiling, you include frogs living in it. What
happened? Frog jumped to save themselves. However, if we include frog lives in
cold water and a new fire, the frog remained silent. Perhaps he considered was
in the shower sauna. "Sweating a little but fun". When the temperature
is rising, frog realized, but it was too late to save themselves. As a result
he became a boiled frog.
That is also happened to us. Without we realize we have
become victims of the global financial crisis. The signs are actually already
there start it. But we often neglect. It's good we are always vigilant, before
it's too late.
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