Dear Friends,
I would refer you to the article by Neil Chatterjee and Kevin Lim entitled "Singapore may face years of slow growth after recession", published by Reuters on 6th December 2008.
I quote from the article as follows: -
"Singapore must be prepared for several years of slow growth," he said. "Even the most pessismistic bears did not anticipate the consequences of the bubbles," Lee added, referring to U.S. subprime housing woes and global trade imbalances.
This time, the economic downturn is not the same as any other that we have experienced in our lifetime, UNLESS you are a Centenarian (100 years or older) or close to one.
Best wishes,
Ooi
I would refer you to the article by Neil Chatterjee and Kevin Lim entitled "Singapore may face years of slow growth after recession", published by Reuters on 6th December 2008.
I quote from the article as follows: -
"Singapore must be prepared for several years of slow growth," he said. "Even the most pessismistic bears did not anticipate the consequences of the bubbles," Lee added, referring to U.S. subprime housing woes and global trade imbalances.
This time, the economic downturn is not the same as any other that we have experienced in our lifetime, UNLESS you are a Centenarian (100 years or older) or close to one.
Best wishes,
Ooi
Posts
No comments:
Post a Comment