How to survive through the Global Financial Crisis
November 11, 2008 10:54pm CST
It all started with the subprime problem in USA in early 2008 and many expected by end 2008, US would recovered from its problems. However, for the past 2 months, esp October, things have gotton worst. Now, everyone is talking that the world is going into recession soon, Europe and US might go into deeper recession. Singapore has started feeling the impact..For the past weeks, Chartered and DBS has been axeing staff. Many business has been feeling the impact.. Banks will not not be doing well as I supposed their earning will get worst.. Some has said the the recession will last at least 2 years and might even be 5 years...I has started tighten belt in case things get worst and job affected.. Anyone like to share your outlook for the current crisis and also measures to take to survive through this crisis...