Wednesday, July 16, 2008

Crisis hit US financial Sector

The worst financial crisis of our time(George Soros)
Current situation is the worst he has seen in 40 years(George Schwartz from Schwartz Investment Counsel).
Is this financial cris may have effect on Burma?
There is high rise in oil price, shortage of rice etc..
I was wondering how do the burmese Junta plan to face this impact.
Singapore MM Le Kuan Yew has hint out slow progress of Singapore Economy because of US financial crisis.

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