18 months to recovery, SGP economy.....

makapaaa

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<TABLE id=msgUN cellSpacing=3 cellPadding=0 width="100%" border=0><TBODY><TR><TD id=msgUNsubj vAlign=top>
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Coffeeshop Chit Chat - 18 months to recovery, SGP economy.....</TD><TD id=msgunetc noWrap align=right>
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Subscribe </TD></TR></TBODY></TABLE><TABLE class=msgtable cellSpacing=0 cellPadding=0 width="96%"><TBODY><TR><TD class=msg vAlign=top><TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"> </TD><TD><TABLE cellSpacing=0 cellPadding=0 border=0><TBODY><TR class=msghead><TD class=msgF noWrap align=right width="1%">From: </TD><TD class=msgFname noWrap width="68%">ÎÚÅ« (KUNTAKINTE) <NOBR></NOBR> </TD><TD class=msgDate noWrap align=right width="30%">8:00 am </TD></TR><TR class=msghead><TD class=msgT noWrap align=right width="1%" height=20>To: </TD><TD class=msgTname noWrap width="68%">ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right> (1 of 1) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft width="1%" rowSpan=4> </TD><TD class=wintiny noWrap align=right>7671.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>Spoke to a renowned invited economic lecturer and a constant visitor to Singapore.
He is a great guy that speaks what is on his mind even though you may point finger at him and sneer him as a PAPPY PIG !! Damned, he only spoke what Singapore had done right........ and keep mum about what Singapore has not done right !!
I asked his opinion about economy recovery for Singapore where Bank Paribas said that Singapore will recover in 2nd or 3rd quarter steeply. He said that these banks are overly confident !! Most likelihood, Singapore economy will see a turn for better in 18 months.......
Damned ..... September 2010 !!!
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<TABLE id=msgUN cellSpacing=3 cellPadding=0 width="100%" border=0><TBODY><TR><TD id=msgUNsubj vAlign=top>
icon.aspx
Coffeeshop Chit Chat - 18 months to recovery, SGP economy.....</TD><TD id=msgunetc noWrap align=right>
icon.aspx
Subscribe </TD></TR></TBODY></TABLE><TABLE class=msgtable cellSpacing=0 cellPadding=0 width="96%"><TBODY><TR><TD class=msg vAlign=top><TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"> </TD><TD><TABLE cellSpacing=0 cellPadding=0 border=0><TBODY><TR class=msghead><TD class=msgF noWrap align=right width="1%">From: </TD><TD class=msgFname noWrap width="68%">ÎÚÅ« (KUNTAKINTE) <NOBR></NOBR> </TD><TD class=msgDate noWrap align=right width="30%">8:00 am </TD></TR><TR class=msghead><TD class=msgT noWrap align=right width="1%" height=20>To: </TD><TD class=msgTname noWrap width="68%">ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right> (1 of 1) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft width="1%" rowSpan=4> </TD><TD class=wintiny noWrap align=right>7671.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>Spoke to a renowned invited economic lecturer and a constant visitor to Singapore.
He is a great guy that speaks what is on his mind even though you may point finger at him and sneer him as a PAPPY PIG !! Damned, he only spoke what Singapore had done right........ and keep mum about what Singapore has not done right !!
I asked his opinion about economy recovery for Singapore where Bank Paribas said that Singapore will recover in 2nd or 3rd quarter steeply. He said that these banks are overly confident !! Most likelihood, Singapore economy will see a turn for better in 18 months.......
Damned ..... September 2010 !!!
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to be precised it is 11 Sept 2010
 
Soros sees no bottom for world financial "collapse"
Fri Feb 20, 2009 9:26pm EST

NEW YORK (Reuters) - Renowned investor George Soros said on Friday the world financial system has effectively disintegrated, adding that there is yet no prospect of a near-term resolution to the crisis.

Soros said the turbulence is actually more severe than during the Great Depression, comparing the current situation to the demise of the Soviet Union.

He said the bankruptcy of Lehman Brothers in September marked a turning point in the functioning of the market system.

"We witnessed the collapse of the financial system," Soros said at a Columbia University dinner. "It was placed on life support, and it's still on life support. There's no sign that we are anywhere near a bottom."

His comments echoed those made earlier at the same conference by Paul Volcker, a former Federal Reserve chairman who is now a top adviser to President Barack Obama.

Volcker said industrial production around the world was declining even more rapidly than in the United States, which is itself under severe strain.

"I don't remember any time, maybe even in the Great Depression, when things went down quite so fast, quite so uniformly around the world," Volcker said.

(Reporting by Pedro Nicolaci da Costa and Juan Lagorio; Editing by Gary Hill)
 
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