Tech and Me » finance http://www.jernkuan.com All about me and tech Tue, 11 Aug 2009 17:17:34 +0000 http://wordpress.org/?v=2.8.3 en hourly 1 State of the economy http://www.jernkuan.com/2009/02/03/state-of-the-economy/ http://www.jernkuan.com/2009/02/03/state-of-the-economy/#comments Tue, 03 Feb 2009 23:34:05 +0000 admin http://www.jernkuan.com/?p=85 It stinks.

Everything is down and out.

US banks are low low low, Citigroup is now 3.46, lehman crashed and burn.

www.mysinchew.com/node/20681 ……. 16,000 Singaporeans Lost Jobs Last Year

www.bloomberg.com/apps/news?pid=20601080&sid=aDUTELnSlccU&refer=asia

Quote from bloomberg: About 300,000 jobs may be lost by 2010, two-thirds of which are held by foreigners and permanent residents, economists Cem Karacadag and Kun Lung Wu wrote in a report received today. The number of people on the island nation may fall by about 3.3 percent to 4.68 million by 2010, Credit Suisse said.

So many bad news.
It’s pretty depressing to see so many bad things especially financially, it really hit hard. Hope there can be a recovery in sight, or least hopefully i know what to do to tide this over or even ride on this.

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