Recession may last up to 5 years

last SG · 2009-03-29T20:23:47+00:00

hi stevenson, i din follow the detail how tim G his toxic asset buyback plan.But from what i know, the banks do classify their toxic asset into category, th...

Worldlybusinessman SG

This is one of the recessions that are similar to the The Great Depression of the 1930s. do u seriously think 2-3 years will recover?. The Asian financial crisis took more than 5 years.

maxtor SG

Singapore is not that affected yet. Just look @ restaurants queues on weekends.

angel7030 SG

In school, we also like recess time, but it is only half an hour, same goes to working life, the most 1 hr recess for lunch time.

Wha!!! now got 5 years of recess,,very good hor

angel7030 SG

Singapore is not that affected yet. Just look @ restaurants queues on weekends.

well, got discount mah, recession also bring in discount prices, at the moment, those who had cash in hands will be laughing all the way...and bet most singaporean still gone cash in hand, as for other countries, especially the western, they had all overspent, now in debt, how to spent...so for singaporeans, eat eat n eats....

seyKai SG

In school, we also like recess time, but it is only half an hour, same goes to working life, the most 1 hr recess for lunch time.

Wha!!! now got 5 years of recess,,very good hor

5 years of eating n resting will make u a FAT WOMAN

bcloud23b SG

angel7030 STFU and go back to your gaylang. thank you

ct17 SG

i dun think it will last that long

i think by end of the year shuld recover

in fact some of my customer already start to pickup abit already

If it last for 5 years, i think everyday also got pple commit sucide

and it not 1 pple, maybe everyday got 1 whole family jump down together

haha

5 year if jobless how... lol

5 month cannot tahan already dun say 5 year

lol

bcloud23b SG

i hope AIG fall . Top executives is starting to quit. No money No talk .

Stevenson101 SG

i hope AIG fall . Top executives is starting to quit. No money No talk .

AIG failing wouldn't hurt the top executives much, considering the money they've already been getting they can still live comfortably to ride out the tide and take their time to find another top executive job.

It would however, hurt the pension funds that has invested in AIG. That would in turn hurt the pension holders who have invested their equivalent of the CPF into AIG. They would probably be the real victims if AIG falls.

Worldlybusinessman SG

In school, we also like recess time, but it is only half an hour, same goes to working life, the most 1 hr recess for lunch time.

Wha!!! now got 5 years of recess,,very good hor

STFU and go back to geylang

Only-Way-4-Destiny! SG

In school, we also like recess time, but it is only half an hour, same goes to working life, the most 1 hr recess for lunch time.

Wha!!! now got 5 years of recess,,very good hor

STFU and go back to geylang

angel7030 SG

Well, i am in geyland posting mah...WTF, u all dunno meh??

Room $6 half hour...no soap

Worldlybusinessman SG

Well, i am in geyland posting mah...WTF, u all dunno meh??

Room $6 half hour...no soap

no thanks. u can give to those unkers.

angel7030 SG

i hope AIG fall . Top executives is starting to quit. No money No talk .

after bailing out them so much, u think US govt is goin to let it fail...so what if top executives quitting, that will be better than paying them billions of retrenchment benefits. This old crook executives should long long resign liao, the govt is just setting up the pressure on them to resign themselves.

Just call a few Indian's top loyal financial executives can anytime overtake them, and also, on US executive paid is equivalent to 20 indian executives paid..so better still, get the ah nehs in, give them a house, PR status, America hot bimbo hot hot gals and voila!!!

GHoST_18 SG

dumb

angel7030 SG

and dumber

reyes SG

in fact this crisis is already coming to its 2nd year. if 5 year, it probably means 2012 which is on the conservative side.

for those who think it will recover by end of this year, i gurantee you, it wont happen. i am in the semicon industry and it show no sign of bottoming out. sluggish demand expected to 2010minimum.

tourism nos are continuing to decline on a yoy basis.

If manufacturing and tourism are not bottoming out or show even slightess sign of recovery, why would you think we can recover by end of this year?

youyayu SG

great news.

means after i came out of NS the price of car will drop like

reyes SG

childish opinion. bei tahan!!

Worldlybusinessman SG

i dun think it will last that long

i think by end of the year shuld recover

in fact some of my customer already start to pickup abit already

If it last for 5 years, i think everyday also got pple commit sucide

and it not 1 pple, maybe everyday got 1 whole family jump down together

haha

5 year if jobless how... lol

5 month cannot tahan already dun say 5 year

lol

Dream on.