Friday, June 20, 2008

business cycle

in order to understand my analysis, u must know the business cycle.

 depression->recovery->prosperity->recession->depression...............
the cycle goes on and on.
currently, in malaysia, we are shifting from prosperity to recession because of the increment of oil price. economic conditions are gonna be as bad as in the late 1990's. factories will shut down. unemployment rates will be high as well.consumers will start to buy less. thank god, i will be in canada by the time the economic output totally shrinks for six consecutive months...however, the situation may be the same in canada as well. then, it will be a total mess that time.
so people, start spending wisely now....things gonna be real bad soon