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 I am preparing for Global Recession, Be cash rich

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tchtax
post Sep 7 2011, 11:09 AM

On my way
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Senior Member
638 posts

Joined: Nov 2010
You guys sound as though its the end of the world. I've been through 3 recessions in my lifetime. So far none of them have severe repercussions for Malaysia..although I agree that this one may be different due to financial structural issues which may take a longer time to fix. At the end of the day, the main thing is to keep your debts low, adjust your lifestyles if you have to....and the most important is to do what is necessary to keep your job. It;s not that bad because we're a commodity exporting country and the rest of the world still needs commodities. Yes we'll be affected in some ways but it won;t be as bad as the Western world.
tchtax
post Sep 8 2011, 09:37 AM

On my way
****
Senior Member
638 posts

Joined: Nov 2010
QUOTE(smartinvestor01 @ Sep 8 2011, 09:23 AM)
Instead of recession, i think better to look forward for what will be happening to Malaysia in the year 2019

Though they keep denying about this, from those above elements, it is possible to happen..
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What's gonna happen in 2019?

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