The prices for crude oil went down to low $77.00/barrel. I am not an economic analyst but hope this is not the onset for the BIG DEPRESSION.... ... Oh well it official that Singapore is having a RECESSION but to get to the BIG D (Depression), Singapore's economy will certainly take a beating.. A country with no mineral resources apart from Human itself.. Will definitely depends entire on foreign economic conditions to hold its grips.. But with every country is not doing so well ... .. I am so worried...
People will lose jobs and companies will go bust... The outlook does not look good for everyone but all of us have to eat... Let pray for the future yeah!
The one and oni
Nizam
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