Finally, USA admitted, there is no economy recovery...yet in USA. While EU economy is getting worst especially after some 'wise' people trying to blame the Russian for the tragedy of MH17. Sometimes I wonder, why the Europeans are so stupid to sanction Russia without proper solid proof which makes EU economy deteriorates. While USA puppet masters are smiling behind the curtain. What is the bigger agenda? You can read the details here:
At almost the end of the article, pay attention to the red lines:
So, what is going to happen?
1. ECB will print more money, hence reducing its worth. So, where do investors should park their money to maintain the rate of return? Guess where?
2. KLSE and property market will be flooded with cheap money again. But this time, Bank Negara is more cautious.
3. Price of goods and services will go up because RM exchange rate is also tied to Euro while the people will blame on the Malaysian government for introducing GST. Please learn to grow a little bit of foods on your own...just in case.
4. While people were wasting their time blaming on the government, a small group of people who realize this had happened before when the FED debasing her currency, will prepare their funds to buy more
property.
5. To maintain profits, MNC will shift their production, operation and design work to Malaysia while offering higher salary for certain group of people (who aware the latest skills and knowledge needed).
6. Property prices will continue their previous growth path especially in IRDA and surrounding RAPID, pengerang.
All of these can happen provided China economy does not crash and there is no World War III!
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