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Recession is coming... Alert to all - DO READ!!



 
 
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Old November 1st, 2008, 03:19 AM posted to rec.travel.africa
cheeeeeku
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Default Recession is coming... Alert to all - DO READ!!

Recession is coming... Alert to all - DO READ!!

Read it with out fail.

Hi,
Recession is coming... make your own judgment, don't panic! Do what is
wise.
The recession looks very eminent. It is really time to take pro active
steps

to avoid a painful time in the next two years which is how long this
expected to last.

Suggestions:

1. Don't take any loans; buy homes, properties with loans, or even
cash.

Keep as much cash as possible.

2. Pay off as much of personal loans, private loans, as debt
collection will be hastened.

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

4. Take money off from Trust Funds.

5. Don't believe in huge sales forecast from customers,

be extremely prudent, lowest inventories, reduce liabilities.

6. Don't invest in new capital.

7. If you are selling homes/ properties/ cars, do it now,

when you can get 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
first out'.

Stay cool, wait, and if you took all of the above actions and more,

you probably will be better off then many. This is not a rumor.

Bear Stearns is the first of many banking and financial institutions

that will start falling in the not too future. If Bear Stearns

can fall, so can JP Morgan, Citibank, HSBC, and the whole world.

US economy falls, the rest will crumble.

India and all those self economies will be the most protected,

but not gullible.

Europe may be a little stronger, but not China ,

another giant place!

Malaysia will see significant impact.

Be alert and pass this to your friends!!!
visit : www.goldeneggsforlife.com

 




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