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Old 22-11-2007, 11:06 AM   #7 (permalink)
Lautouzhi
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Default Re: Will there be a recession?

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Originally Posted by Jake
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Think Singapore can weathered the recession. Can't say for the US.
Singapore's eco is most easily affected because we rely heavily on other countries. If US die, you will see alot of people kissing goodbye to their jobs. If you think China is the next big thing, btw US is buying 60% of China exports. What do you think now?

Actually best is to have a small recession, people are getting too complacent. Especially in the property sector and stock market. I am referring to stock brokers and real estate agents, good service is a thing of the past. Especially real estate agents as I deal with them very often.

Now the situation in Singapore is you pay for good service. You pay $50----u get service A, pay $100, better service. First time I heard of buyers paying comission for purchasing a private proeprty. What has the world come to?

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