ahhh scary. A recession worse than the 30s? That was already practically rock bottom... Malaysia will not be immune if major global economic crisis hits... It makes one wonder if one should purchase a home to ensure one has a roof over their heads before it happens or wait and see if prices hit rock bottom and buy then.
Aihs... If interest rate goes all the way down to 0%... I am not sure what that would mean for m'sia but seriously, could that happen here? Different countries have different economic strength and weaknesses no? If someone had studied economic histories of many many countries then maybe it would be easier to come up with a possible analyses of what we can expect.
Maybe best to change RM to stronger currency to maintain value of our $$$? :/ I wish there was a clearcut answer.
If BLR reach 12%, Pls vote whether u can cope the payment
Aug 3 2008, 05:09 AM
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