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Outlook for 2009


Cheekg98
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41 members have voted

  1. 1. When will we get out of recession ?

    • 1Q 2009
      0
    • 2Q 2009
      2
    • 3Q 2009
      4
    • 4Q 2009
      9
    • 2010
      26


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Many economists predicting the economy to recover on 2H 2009 ... what do you think ?

 

agreed but the toughest period will be after CNY....

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Many economists predicting the economy to recover on 2H 2009 ... what do you think ?

 

We have yet to feel the full impact of the recession, dun say abt recovery.

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Many economists predicting the economy to recover on 2H 2009 ... what do you think ?

not so fast [shakehead]

economic become bad only months enough, but recovery will be years [blush]

 

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Many economists predicting the economy to recover on 2H 2009 ... what do you think ?

 

I'm predicting 3rd quarter of 2010

 

2009... hard la. Times are just gonna get worse, what recovery are you talking about? [shakehead]

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Many economists predicting the economy to recover on 2H 2009 ... what do you think ?

 

I would think they are being optimistic. It's very much like the weatherman trying to predict upcoming weather.

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Many economists predicting the economy to recover on 2H 2009 ... what do you think ?

 

The aftermath has yet to set in as the gloom&doom is not really felt yet. Everyone is trying to say some good things to hold on to some optimism and confidence but the underlying fundamentals are rotting away. My view is that the bonus reduction and job cuts here so far is jus the beginning. The real impact will come begining Q1 2009 where insolvency and bad debts becomes more massive. Then come the next big wave of downturn and retrenchment etc... so earliest see recovery in 2010.

Edited by Alfc
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Many economists predicting the economy to recover on 2H 2009 ... what do you think ?

 

 

i guess (im not sure cos im not an economist) what they mean by 'recover' is that GDP stop contracting.

but ppl like me and you, will have another definition of recovery...

 

(well let's not get into Multiplier effects or Aggregate Demand stuff)..haha..but personally, i can only see my pay up in 1H 2010..which is quite sad....when it's already so low.. :(

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Many economists predicting the economy to recover on 2H 2009 ... what do you think ?

I think our economy forever cannot get out of recession, and become worse and worse till end of the world [sweatdrop]

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This time round, the bad economy is due to fundamental problems. It takes tremendous effort to solve the problem at its roots. Recovery will not be so soon.

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