Seems like recession is coming soon.

[enterprise2]

If there is no recession, I worry...!!

 

[hbk75]

I see. I thought was the downgrade by Moody

partly due to qe tapering. then moody downgrade. mas then decided to take actions. pap are always behind. drive up the bubble and now getting scare.

 

[Cerebral]

partly due to qe tapering. then moody downgrade. mas then decided to take actions. pap are always behind. drive up the bubble and now getting scare.

I see our currency sliding very slowly. Maybe they are running out of foreign reserves to prop it up or letting it slowly slide instead of a massive drop. Let see the exchange rate late q4, probably in Nov and i am sure the currency would have moved down few pct and then they would announce the bad situation.