Recession/Stagflation is Coming!
First and foremost, I believe I was wrong when I stated that there is no recession.
But what exactly is a recession? How do you know a recession is on its way? Negative growth for 2 quarters?
Do you understand what a recession is?
Have you tried applying for jobs for more than a year and still have no work, and you need the government to step in to ensure that there is at least 1 job that is sponsored by them and only pays S$2k for 1 year?
I DID. In addition, I had to pay my tuition loan at that time ON MY OWN.
So really, I don't think many of you understand recession at this point.
Ever Been Thru the Cycle where Oil went from $4 to $20?
Yes, clearly someone did, and the message was relayed to me. I was advised to SELL EVERYTHING....