Posted on November 22, 2009 - by Wilfred Ling

Singapore recession over ?!?!

Photo by stage88

I read that Singapore recession is over! See the ChannelNewsAsia link HERE. We had a positive GDP growth in two consecutive quarters! Is this for real? Seems like a dream!

It seems this recession was like forever but actually it was just a year ago when all things just keep on collapsing and big names like Lehman Brothers went kaput while AIG had to be bailout wiping out shareholders’ value to almost nil. Remember those couple of months that prices of market indices just keep on coming down every day by 2% and it just keep on going on and on like as if it would be like this forever. Read more…

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