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.
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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.
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