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Serious recession is real and coming
- Thread starter krafty
- Start date
Good! I love recession. When there are risks, there are more opportunities!
Good! I love recession. When there are risks, there are more opportunities!
that's provided your ammo rich in cash.
Cash is King
Good luck to those with plenty of mortgage loans
Definitions Edit The International Monetary Fund defines a global recession as "a decline in annual per‑capita real World GDP (purchasing power parity weighted), backed up by a decline or worsening for one or more of the seven other global macroeconomic indicators: Industrial production, trade, capital flows, oil consumption, unemployment rate, per‑capita investment, and per‑capita consumption".[1][2] According to this definition, since World War II there were only four global recessions (in 1975, 1982, 1991 and 2009), all of them only lasting a year (although the 1991 recession would have lasted until 1993 if the IMF had used normal exchange rate weighted per‑capita real World GDP rather than the purchasing power parity weighted per‑capita real World GDP).[1][2] The 2009 global recession, also known as the Great Recession, was by far the worst of the four postwar recessions, both in terms of the number of countries affected and the decline in real World GDP per capita.[1][2] Before April 2009, the IMF argued that a global annual real GDP growth rate of 3.0 percent or less was "equivalent to a global recession".[3][4] By this measure, there were six global recessions since 1970: 1974–75,[5] 1980–83,[5] 1990–93,[6] 1998,[6] 2001–02,[6] and 2008–09.[7]
If your private life savings can last you for ten good years, you need not worry about recession at all
Yep, and also depends on your lifestyle. If everyday Big Fish Big Meat habit, confirm and chop cannot live Hawker centre lifestyle. LolIf your private life savings can last you for ten good years, you need not worry about recession at all
Yep, and also depends on your lifestyle. If everyday Big Fish Big Meat habit, confirm and chop cannot live Hawker centre lifestyle. Lol
Big Fish Big Meat once in a while like Chinese New Year can la, everyday eating at hawker centre is good enough
And obviously those who worry about recession is those people who has little savings and they cannot afford to lose their job
Girls will not be too particular which race they go out with during recessions.
that's why pap has done a good job. most s'poreans still doing well despite naysayers. those who are struggling are those good for nothing.
No big deal for Sinkies since they are already unemployed with the influx of foreigners. We should all welcome recession.
it's an indicator there are many well to do and can't rely on the internet that many sinkies are not doing well.
You Indian?I prefer gold.
You Indian?
Not even a 0.000001 indian blood in me.
I prefer gold as an investment. Btw Muslim man are prohibited to put on gold ornaments.Similar threads
