recession is coming(takutnyer)

ni i dapat dari emel yang someone forward kat i...takutnyer. Mintaklah hanya rumours sahaja...

Subject: Recession is coming
Message from someone who knows what he's talking about.G20 don't panic. (Mail from Tan Sri )The recession looks very eminent. It is really time to take pro activesteps to avoida painful time in the next two years which is how long the recession isexpected to last.Suggestions:

1. Don't take any loans, buy homes, properties with loans, or even cash. Keep as much cash as possible.(*DAHLAH ADER PERSONAL LOAN, TAPI NASIB BAIK DAH SETTLE LOAN HUBBY)

2. Pay off as much of personal loans, private loans, as debt collectionwill be hastened.(*LEPAS NI KENA BAYAR BANYAK SIKITLAH AMOUN LOAN TUE)

3. Sell any stocks you can even at lower prices.

4. Take money off from Trust Funds. (Pak Long Azhar, amacam ni, nak kenawithdraw ke my investment?)

5. Don't believe in huge sales forecast from customers, be extremelyprudent, lowest inventories, reduce liabilities.

6. Don't invest in new capital.

7. If you are selling homes/ properties/ cars , do it now, when you canget good prices, they are going to fall.

8. Don't invest in new business proposals.

9. Cancel holiday plans using credit cards.

10. Don't change jobs, as companies will retrench based on 'last in firstout'.Stay cool, wait, and if you took all of the above actions and more, youprobably will be betteroff then many.(*CAMNER NI..I HB 7 NI BARU NAK START KEJE BARU..MINTAKLAH TAK JADI KAT DIRI I)

This is not a rumor. Bear Stearns is the first of many banking andfinancial institutions thatwill start falling in the not too future.If Bear Stearns can fall, so can JP Morgan,Citibank, HSBC, and the wholeworld.US economy falls, the rest will crumble. India and all those self economieswill be the mostprotected, but not gullible. Europe may be a little stronger, but notChina, another giant!Malaysia will see significant impact.This is my personal message to my friends, so if you want to, you canforward this to yourfriends, but I will not be held liable for any incorrect assumptions.

kawan2 jangan panik ek..yang penting kita kena ubah cara hidup!!