Tuesday, November 26, 2019

Recession already here, says survey


Puchong, 26 Nov: The experts, including from Bank Negara, have been telling us that 2019 won't be a recession year. Well, according to the latest survey by Nielsen, 3 out of 4 Malaysians think that our great economy is already in a Recession.
 
But it's not doomsday. Nielsen, the research firm, tells us that these Malaysians are also  optimistic that better days lie not too far ahead. Give the economy a year, at the latest, they say. It also helps that Malaysians are generally prudent spenders, according to Nielsen.
Read the entire article h e r e.


I'm no economist, but I've been having this feeling - more or less the same as the 3/4 of those surveyed by Nielsen - that we ought to start saving up for rainy days, dear Readers.


Read also:
Recession in 2019 unlikely, says economist 
Recession fears overplayed for now, says BNM 

3 comments:

  1. Anonymous4:07 pm

    Bro, if you think the recession is already here, then the rain has already started and it's a bit late in the day to advise people to start saving. That advise ought to be given during good times.

    ReplyDelete
  2. Saya ibu EVA FIORENTINA APRILA dari palembang mengucap syukur kepada allah,karna melalui bantuan dari aki abdul jamal yg sebesar 20m kini saya sudah bisa menjalankan usaha saya lagi. Puji syukur saya panjatkan kepada Allah yang telah mempertemukan saya dengan Aki Abdul Jamal dan melalui bantun pesugihan putih beliau yang sebar 5M inilah yang saya gunakan untuk membuka usaha selama ini,makanya saya sengaja memposting pesang sinkat ini biar semua orang tau kalau Aki Abdul Jamal bisa membantuh kita mengenai masalah ekonomi dengan bantuan pesugihan putihnya yang tampa tumbal karna saya juga tampa sengaja menemukan postingan orang diinternet jadi saya lansun menhubungi beliau dan dengan senang hati beliau mau membantuh saya,,jadi bagi teman teman yang mempunyai keluhan jangan anda ragu untuk menghubungi beliau di no Wa 085-254-384-488 rasa senang ini tidak bisa diunkapkan dengan kata kata makanya saya menulis pesan ini biar
    Semua orang tau,ini sebuah kisa nyata dari saya dan tidak ada rekayasa sedikit pun yang saya tulis ini,sekali lagi terimah kasih banyak ya Aki dan insya allah suatu hari nanti saya akan berkunjun ke kediaman Aki untuk silaturahmi.Wassalam dari saya ibu Sartika dan untuk lebih lenkapnya silahkan buka blok Aki disini PESUGIHAN UANG GAIB NYATA

    ReplyDelete
  3. Industries have started recording lower sales for the past 2 quarters. This eventually translates to lower GDP. If last quarter of 2019 the GDP is in the negative then we will be in the recession in 2020. The sign is there.

    ReplyDelete

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