Are you affected by the financial downturn in America?
Think about it.
How many friends / relatives of yours that is affected severely now?
The latest grapevines revealed that even those in the financial sector remains relatively unscathed. Sure, bonus outlook is probably down, but most jobs are secure.
In most unrelated sectors, the factories are still humming, though expectations of lower output and bad times are here.
The construction sector is having a helluva booming time. They will probably welcome the recession for the cheaper prices of raw materials, and cheaper labour.
The property market is calmer and less active. But prices are still holding steady.
I have heard that this is possibly the biggest recession since the Great Depression of the 1930s. (i believe it myself too)
If so, how come the bad news arent coming yet?
When?
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