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 Multiple Signs of Malaysia Property Bubble V20

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JohnnyBSunday
post Apr 23 2020, 03:18 PM

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We are entering recession for sure......techically not yet because recession is defined by " two consecutive quarters of negative economic growth as measured by a country's gross domestic product (GDP)"

Anyway, found this rather refreshing and informative article here where authour suggest that the market will recover sooner than we think, possibly in 2 - 3 years time.

http://propertythinktank.my/index.php/2020...pswing-covid19/


JohnnyBSunday
post Apr 23 2020, 04:16 PM

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QUOTE(beleebala @ Apr 23 2020, 04:07 PM)
We are entering uncharted areas, where no one has any experience with. Anything could happen. With such low oil price and exchange rate, I wonder how Malaysia could pay off the national debts.
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He talks about this thing called Quantitative Easing...etc. he did factor in the low crude oil prices.

 

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