Another Great Depression?

In the year 1929, the world Suffered a very serious Financial Meltdown and it tooks them quite a few years before the US Economy Recovered in the early 1930s. Another World Financial Meltdown? If my thoughts are right, we will take at least 3 to 4 years to recover from this Crisis. Asia 1997 Financial Crisis took us a few years to recover, but it changed alot of people's lifes. This 2008 Financial Crisis will change even more. Are you ready for a ride?

The KLSE Plunge almost 100 pts during the last 20 days, where as future is as low as 921, the lowest since June 2006. The Spot Month KLCI Futures Chart shows today's Charts. We sink below the 1000 KLCI Points already.





Crude Palm Oil Drop from the Historical High of RM4400 per tan down to RM1800 now. Sime Darby, the world's biggest CPO Company's Share has drop from RM13.20 till RM6.00. Drop almost 50%. 1 year ago every one was so happya bout investing in Palm Oil, now I am not so sure, they would be anymore. We have gone back to the Lowest Point of the past two years.


The US Dow Jones has sink below the 10,000 points, it has suffered the biggest drop since 911 happened. Dropping almost 1000 points over the last few days.

Loosing almost 5% everyday. Is this the most feared Financial Recession for this Decade?
10 year ago, we suffered the 1997/98 Asian Financial Crisis and it took us quite a few years to recover. And that was only Asia having the Financial Crisis. But this time it is the world greatest Economy, the United States of America facing Financial Problems.

Never have I seen a Financial Crisis that Bankurpted a few Top Investment Banks in the World.
Merlyn Lynch, Lehman Brothers and AIG ( Yes, the world's biggest US Insurance Group) is having so much Financial Problems and are begging for Bail Outs from the Government. Lehman Brothers is Official Bankurpt and History. AIG is waiting for Government Bailout,

Ready For a Ride? Its gonna be even more Crazy in weeks and months to come. Dramatic!