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  1. K

    here come the drums of a global slowdown #2

    Dear All, 1. Iceland, has become the first Western country, to be officially "bankrupted" by the recent global financial crisis since 1976. 2. The Singapore Business Times Newspapers has reported today that "THE Icelandic government says it has reached agreement with the International...
  2. K

    here come the drums of a global slowdown #2

    &&&&&&&&&&&&&&&&&& Hi KY, 1. Singapore has indeed fallen into an Recession at the end of Q3 2008, in case you are still not aware of it, at this point in time. 2. For the first time in its history, the Singapore Government is now willing to dip into its National Reserves to help its people to...
  3. K

    here come the drums of a global slowdown #2

    ************************ Dear Trendsta, 1. Please correct me if I am wrong here: The economies in most if not all the G7 and OECD member countries have one common basic weakness: spending more than what it earns, through Debt and Leverage and with the American Economy as its key locomotive...
  4. K

    here come the drums of a global slowdown #2

    ****************** Hiya Trendsta, 1. Your conclusion sounded so "fatalistic" and "pessimistic" in your post, which I do not and cannot entirely agree, at all. 2. Even IF your so-called global Recession has officially sets in, the world will still continue as usual before, albeit dancing to...
  5. K

    here come the drums of a global slowdown #2

    Dear All 1. Singapore was recently reported to be in a technical recession after 2 successive contraction in its GDP growth. 2. However, who cares about this technical Recession when at the same time, Singapore Economy/GDP is further officially projected to grow at 3% pa. for 2008 and...
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