Recession is WONDERFUL!

[zhihau]

The middle class and the poor, as usual, will be the hardest hit. The rich, don't worry about them, they can take care of themselves and should not get any help from the govt.

i thought taking care of the bottom 20% is a safe bet.

 

[downgrader]

bottom falling out of dow... worldwide rout to continue and singapore property prices heading for deep plunge, sail will be $600 psf in 2009