Decades ago, when US goes into recession, the whole world will be affected too! But this round, it may not be the same! The US dollar decoupling is beginning to take root! China would insist their trading partners to use Yuan! China is buying russian oil paying in ruble! In return, China exports it's good to Russia! Bypassing US dollar trades! As US and EU are in geopolitical mess, Asia are moving away from this western instability!
Without Russia cheap oil and gas EU is doom. As of US, US is very happy to sell EU their expensive oil and gas. As of Malaysia subsidize petrol and give away free money will put our nation in "debt trap"
Ahbah! Better stay 100% cash! However i think Asia should weather US and EU recession much better! US and EU leaders created current economic exploding! Asia can avoid this self inflicted recession! As for Malaysia, i think only certain industry will thrive! Steel exports should be one of them! As Vietnam and Indonesia go full monty with infra development!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....