
"In the next 6 months, one year, two years the problems in the mortgage market can cause a lot of problems with consumers and hurt buying power in the United States," he said at a press conference after arriving earlier in the day from China on his private jet.
--- Oct 25 report
Hmm .... maybe it's 6 mths ? So we are about 3 mths away from the Oct report, so another 3 more mths to go :)
Read what he say...... Sad
http://www.msnbc.msn.com/id/21471227/
Wise words from the wise old man. Although this was written in OCT 2007, it is still relevant today and now especially. How will the sub prime crisis affect us? Will the economy recover? Who else to hear but the man himself that has weathered such a storm for Decades. Read here.
http://singaporeinvestors.blogspot.com/
http://singaporeinvestors.blogspot.com/