Saturday, October 18, 2008

Financial Melt down ---& will Pg be affected ?

If u hear what our BN pollies have to say...u would be forgiven to think that we Malaysiana are martians and we live light years awya from this planet earth..."we won't be affected."

Come on....even if our banks do not have with sub-prime loans in their portfolio, their clients business will be affected...the American consumers are already curtailing their purchases...consumers' confidence through out the world is at an all-time low....and this will translate to lower demand...& less orders for the manufacturers.... already the Chinese factories are feeling the adverse impact with many factories closing down and workers thrown out of jobs....

We will be affected and for places like Pg...the impact will even be worse....

No comments: