Recession

Before you read this, I have to remind you that this pose is written by a beginner of economic issue, so please be understanding if you read through her unknowledable information or comments...

Every newspaper is talking about recession now, petrol price was dropped and will be adjusted accordingly, then a lot of materials such as noodle price will be dropped also, and there is a lot of solutions being taken by government to solve their economic crisis in their own country, IMF giving loan about 200 billion to help some countries, now only I realize there is such a rich organization..I don't really know what IMF stands for...should be International Money Foundation?Sorry for my naive...I will improve myself..=P

My basic common sense tell me that when recession came, interest rate will be lowered, tax will be lowered, since so there should be a lot of banks are lelonging the properties, maybe for 10% or more cheaper than the original price, then it should be a good time for me to buy a 'gu poh house'...the recession may still happen until 2010, so maybe I could buy it later?There is some peoples saying that 'keeping cash now is the best investment', there is people saying that now is the golden time to invest also..

I was confused by different talkings and informations...so the best way is still to further study and analyze on this kind of issues by myself, this is the time for us to learn on economic and investment issue...What's the method?The laziest way is just talk with the experienced boss, or to study investment magazine and newspaper, radio did broadcast on this kind of issues recently too..so, there is actually a lot of channels to know all these. We should stop to give excuses to ourselve and block ourselves from learning. This is what Denggi told me when motivated me, a special thanks for him here..promised to study on BLR and tell you what's my understanding about it to return for your motivation..=)