Man has short memory indeed! The last recession was about 6 years ago here in Singapore?
Have we picked up since then? Or are we gliding further? Up a little and slide further?
Have we learnt our lessons since?
Recession, panic selling in the stock market, credit crunch gale force sweeping Europe might be blessing in disguise — though painful!
This is perhaps a time when man is forced to wake up to learn living within one’s means — no more borrowed money or assumption to making easy money!
A time to be true and honest with self…no more living in pretense or deception!
Filed under: economy, local bitsy, social issues | Tagged: blessing, credit crunch, money, recession | Leave a comment »