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> Economy going down

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SUSbryant76
post Jul 3 2013, 10:36 PM

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malaysia still a good place to do business

petrol is cheap
food is still cheap compare to other countries

rental still ok

but the only setback is the competition
too many player will make the pie split and only those strong
in financial background will survive

retail market still booming, fmcg even already up prices but still a lot of people buy, new malls still keep coming up
new condo still keep launching, bank still give away loan
so where is the bad things?
the only bad things is bad debt and bankcruptcy

maybe it will take malaysia another 5 years to see any new slowdown

every year we hear people say slowdown
but i keep seeing people owning more and more properties and changing new new car

so where is the slow down

onlY people TALK COCK ONLY

unless we see a lot of people shut down business
no more old town paparich or new mall
no more anchor tenant and so on

this is my 2 cent

SUSbryant76
post Jul 3 2013, 10:50 PM

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this is the problem

those that have been thru 1997 crisis
they will just be conservative, and save cost and wait for the crisis to arrive
we have been talking abt this from2008 till now
every year we also said be conservative and let hope that we guess right

on the other hand, there is oppoturnity lost as they didnt invest for future
the fresh people come in with innovative idea and lack of 1997 crisis influence , will do a lot better

so for me i think never think economy slow down or not

buy something that is low
sell something that is high

every economy whether crisis or non crisis there r a lot of opputunrnity



QUOTE(ash tray @ Jul 3 2013, 10:43 PM)
anyone who been through the 1997 crash can attest to the fact that high end restaurants and shopping malls were among the first to suffer during an economic downturn

without excess money ppl won't go eat in expensive restaurants

when the money become tight, ppl will tighten their belts and will think of ways to save money

we do not know how bad this economic downturn will be, but many business people are starting to prepare, for the worst
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