Quote:
Originally Posted by Unregistered
Many foreign banks ( Barclays, Standard Chartered, Deutsche, etc) are retrenching their senior bankers. Many SMEs are struggling, MNCs are feeling impact of China slowdown, O&G companies are not paying bonus with oil prices hitting 7 year low.
Predict further COE will drop to 25k.
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It's true. Many of my friends in manufacturing sectors are starting to do 4 day weeks with forced leave.
It's like the pre 2009 scenario.
For me I am not targeting to buy car even
COE drop to $25k.
I am aiming to snap up one or two properties when crisis hits. Hopefully by 2016..