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Prepare for risk of double-dip recession

What I want to say is nobody can see or even can predict the future, please don't anyhow comment the market to affect the people mood ! For me alway believe in myself more than listen to others ! All are human being, there's no free lunch in this world!

 

time to be full alert...take precaution got nothing to lose..

dont need to sell, just play along and run fast on big bad news ...that is all for me...anybody have better way ..pls share

 

He didn't think in that direction at that time.

des_khor      ( Date: 10-Sep-2009 12:24) Posted: He should save the world before lehman bye bye!

 

the whole world depend on that 2/3 American consumer..and with trillion dollar losses in housing and stock...they have become saver....even those who have job , also subject to pay cut, and work short week...

this fact, not fortune telling...govt only support too bid to fail, but all those too small are catching up...more bank are going under...

 

He should save the world before lehman bye bye!

 

He is the right person to predict.   Better to listen to him and take the necessary precaution, or else die if caught unawares.

 

MFT

 

yes, he talk we listen, at this point of time, he is more to be right...

all due to high dose stimulus..cost cutting, job cut...and worse...suka suka...change of rule to accounting..in fact AIG, citi loss money...if properly accounted for..

this is amount to buying time...delaying the consequences...the more delay,,, the more will be the suffering..the more stock will collapse downward...DOW 3800 and sti 1000 to 1200..

listen to him, he the best person to know the market...

nickyng      ( Date: 10-Sep-2009 12:01) Posted: By Jessica Cheam SINGAPORE should prepare for the possibility of a sluggish world economy or even a double-dip recession next year, Finance Minister Tharman Shanmugaratnam cautioned yesterday. Improvements seen in the United States economy and around the world were mainly down to aggressive government stimulus packages and a correction in private sector inventories, he told those attending Singapore Exchange's (SGX) 10th anniversary celebration yesterday. 'We have yet to see a firm or sustainable rebound in private spending that can underpin global economic growth in 2010 and beyond,' he said. 'This is why we can only be cautiously optimistic about the next few years, globally and in Singapore.'

 

Ha ha, welcome Anan to d MFT Board.

 

By Jessica Cheam

SINGAPORE should prepare for the possibility of a sluggish world economy or even a double-dip recession next year, Finance Minister Tharman Shanmugaratnam cautioned yesterday.

Improvements seen in the United States economy and around the world were mainly down to aggressive government stimulus packages and a correction in private sector inventories, he told those attending Singapore Exchange's (SGX) 10th anniversary celebration yesterday.

'We have yet to see a firm or sustainable rebound in private spending that can underpin global economic growth in 2010 and beyond,' he said. 'This is why we can only be cautiously optimistic about the next few years, globally and in Singapore.'