Nee Sern is...

really really sleepy

Thursday, November 06, 2008

Recession is imminent...

The signs are showing. Governments all over the world are pumping money to revitalize the economy. Banks are lowering interest rates and increasing credit limits. Compulsory pension fund contributions are being reduced to encourage consumer spending. Hypermarkets are running 24/7 fire sales. And yet the populace are not buying it, preferring to safekeep cash in these troubled times.

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