Category: Crisis News
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Spotting signs of a property bubble, 3 points (updated)
On and off, there are comments on Facebook which predicted that Malaysia’s property bubble is about to burst. Currently, the most popular prediction is that of Iskandar. Actually, the main reason for all the cooling measures by Bank Negara Malaysia (BNM) is to contain any dangers of property bubble building up. So, do you want…
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Next crisis is looming – PM of 6th largest economy in the world
What if the Prime Minister of the 6th largest economy in the world tells the world that the next crisis will be coming soon? Yes, we are talking about United Kingdom’s Prime Minister, David Cameron. Would you believe it? He said the eurozone is possibly going into its third recession because of high unemployment, falling…
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65% probability – recession by end 2015
65% of probability for a recession by end 2015. Yes, you can read this on many news site online. This is the latest prediction by a company which was famous for its accurate predictions of the 1929 crash as well as the recent mortgage crisis beginning in 2007. The Jerome Levy Forecasting Center said that…
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9 Months, Financial Crisis may happen – Arturo Bris of IMD
IMF said there’s a possibility of property bubble in Malaysia. There are truths there, especially the overpriced condos still empty after 1 year of key handover. However, everyone sits up straight when someone prominent enough tells you an exact date when the financial crisis may happen, again. For those who are overstretched by choice today,…