Recession is coming...

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 the recession is 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! Malaysia will see significant impact.


This is my personal message to my friends, so if you want
to, you can forward this to your friends, but I will not be
held liable for any incorrect assumptions.

So..make your own judgment, don't panic !! Do what is wise.

-From fwd email-