business inspiration

Current social gathering has become the main agenda of the housewife. Arisan often become a means of expression to stay in touch between members, as well as a lifestyle. For certain groups, gathering even be a means to achieve economic goals such as to buy jewelry, motorcycle, sofa, computer, or hajj.

Less fair

In ordinary social gathering, determining who gets the money based on the lottery. Therefore, it is difficult to ensure that the most needy will get it. Another disadvantage of conventional social gathering or social gathering is the ordinary that gets lottery in the early period of more advantaged than those acquired in the periods end.

Who get in early as well as getting a loan without interest, while the latter like saving money or lending money without interest. To address these two weaknesses inherent in ordinary social gathering above, in many developing Asian countries has long been gathering shots.

In Vietnam his name Hui, in Korea is called Game, in China called Cho Wui, and in Japan called Tana-Moshi. In every social gathering meetings shots, participants who earn money are willing to gathering the highest bid in the form of discount payments to participants who have not been able to turn.

With the auction system or a fire system, you can bet if the gain is in need, while not getting are not harmed. Two things that makes the shot much demand social gathering.

In Indonesia, gathering shots Hui was known by the name, as in Vietnam, and is very popular among traders and businessmen, especially those who are ethnic Chinese and Batak.Bagi ever join this social gathering, gathering used to be no longer of interest except for the purpose of socialization / Hospitality and expand the network.

Auctioned each withdrawal

To help you understand the social gathering shots, here’s my explanation about the mechanism. Say there are 20 people who agree to follow the shot with a social gathering social gathering money Rp2 million, paid on a monthly basis. The first turn is usually given to the chief social gathering shots (Hui), say A, which is responsible for collecting social gathering of members and money every month.

He will receive Rp38 million in full ie 19 x Rp2 million. Hui head very reasonable to get a loan without interest, for he must be responsible to cover the shortfall of money if there are participants who are late or fail to pay, if you want to maintain its reputation.

For the second turn, the other 19 participants can bid or shot, usually ranging from 10 percent to 25 percent of the value of social gathering or 200 thousand to 500 thousand in our example. They met at the time and place agreed upon each month with the head of Hui.

Suppose there were five participants who feel they need the money. At the meeting they were shot in a piece of paper that was closed (secret) each Rp250 thousand, thousand Rp260, Rp275 thousand, 300 thousand, and Rp252 thousand. What more needs to shoot more often daring. The winning shot was the highest ie 300 thousand, say B.

While 18 others, except A, enough to pay Rp1, 7 million (Rp2 million-300 thousand). B will receive Rp32, 6 million (Rp 2 million + 18 x Rp1, 7 million). Those who have shot and win, must pay the full money-gathering at the gathering next social gathering.

At the third gathering, held auctions shot back, A and B have no right to shoot again and only had an obligation to pay Rp 2 million. In gathering the fourth, fifth, and so on, the auction was held back. Only at the last gathering is gathering the 20th, there was no longer an auction that has not been getting shots for one more turn.

Unlike the usual social gathering, social gathering last person in the shot is winning because he will get the money amounting to Rp38 million while the paid to any social gathering of less than Rp2 million, except for the first gathering.

All profits

Readers are smart, you want to know the return earned last participant in our example above? Assuming an average shot is 12.5 percent or Rp250.000, past participants return is 1.55 percent per month or 18.5 per cent pa. If the fire is on average greater than 12.5 percent, the return is also greater than 18.5 percent. Quite interesting, is not it?

Economy of the United States (U.S.) showed significant improvement after suffering economic depression in 2008. It can be seen from the still goes by the company in the world of giant U.S. companies such as Apple, Wall Mart, and others.

However, slowing economic recovery began to show early signs of previously unforeseen. The existence of the Tea Party and sabotage the Republican party turned out to be major obstacles the U.S. economic recovery. Standard and Poor’s decision to lower U.S. ranking is not a professional decision on where they are mistaken calculation of $ 2 trillion.

It is clear that Standard and Poor’s has entered the political arena who tried fishing in murky waters. The world does not forget the sins of the Standard and Poor in creating the economic crisis well almost all national, regional, and world. Asian economic crisis in 1997 and is also the sin of the Standard and Poor.

Similarly, the crisis in the U.S. in 2008. Standard and Poor’s has done a disgraceful act that does not give ratings in accordance with the existing decency. Standard and Poor’s apparently trying to make a black hole in the world economy so that hedge funds have the opportunity to make profit taking is included in the short position.

If you look at Obama’s speech, it is possible the Standard and Poor has been driven by certain forces within the Republican party. Thus, economic development in the U.S. has been trapped by the war with the enemy in their own blankets. Democracy should be a tool for creating sustainable economic growth has failed to achieve its mission.

Democracy became the gridlock for the development itself. Republican stronghold desire to provide the debt limit for the U.S. budget has made the U.S. economy is increasingly facing the deteriorating economic growth.

In other words, this faction maintains procyclical economic policy (procylical) as well as run the IMF and World Bank. Procyclical economic policy also makes the European economy is increasingly entangled by low productivity, even Britain is now entering the social unrest that continues to get worse.

This is where the emphasis is also the same he would do Republicans in the U.S. are actually very simple tip that does not want Obama returned to the U.S. president for a second time. Without such intervention, in fact Obama has experienced tremendous obstacles due to the economic crisis in 2008.

Productivity of the U.S. economy is still weak as well as the unit labor cost which is also more expensive. For this reason, Ben Bernanke ensure that interest rates will be at a level of zero percent until 2013.

Economic Failure

Step Bernanke is a very tepatuntuk Standard and Poor’s cut the desire to increase the cost of capital in the U.S. so procyclical policies continue to be applied. The U.S. actually still be able to rely on other bullets Ben Bernanke as the third stage of quantitative easing, which until now has not been issued.

With quantitative easing, consumer demand can be maintained, while low inflation is maintained, as well as supply-side economic program makes China become obstructed. Today China continues to spur the economy with supply-side driven development.

China recently launched a stealth aircraft and their first aircraft carrier. China continues to finance their programs with a variety of ways, including by conducting a dual initial public offering (IPO) for their companies, in particular by making use of Hong Kong’s financial markets.

It should also be done in addition to peg the yuan against the dollar at around 6.4 so that the competitiveness of China continues to be maintained in order to support their program supply side. The move by China is to make government bonds based on the Swiss currency rose the most since May 2009.

The risk T he United States will continue to pressure. Without a three-course phase of quantitative easing is now down to 2.17 percent which is the lowest point since January 2009. There is still room to continue to fall even further. Recent crisis also makes the price of gold rose which ironically is also followed by a rise in food prices in cross section.

Countries that are not able to increase food production will become victims of Somalia’s economy such as black holes. Thus, the economic black hole trapped by two types of error. Type the first error is the error due to the Fed did not do enough action so cruelly market has decreased dramatically.

Whereas the second type of error is the Fed will help the world economy and the market will quickly recover. Both types of errors that will be increasingly dominant in recent years. The risk will be increasingly acute crisis to the economic black hole where tax receipts in the U.S. threatened to fall.

This has already happened in California in July are down by 10 percent below expectations. This is the continuing impact of decisions made errors rating agencies like Standard and Poor economic prokebijakan procyclical nature. The move led to both types of error are growing the economy could potentially lead to black holes.

This is the political price to be paid by the Obama administration has ever tried to set the rating agencies to become more professional institutions which are not procyclical to avoid economic black hole.