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Friday, April 17, 2009

MM Lee on US Economy Recovery Mid 2010!

"The depressed American economy might turn around starting from the middle of next year and that is when the world will start climbing out of recession.” MM Lee said yesterday.

"I take it with a pinch of salt. They (referring to Ben and Timothy) must sound optimistic or they will make the market more pessimistic.” MM Lee said.

Source: extracted from Straits Times, April 17, 2009

He was commenting their remarks that “US economy will pickup by late this year or early next year”

Hmmm... I'm very impressed with his foresight, his forecast on the Singapore and US economy!

Do you know it is n somewhat in sync with some forecasts made by Fengshui Masters and Financial Astrology Experts?

I'll share with you when the time is right!

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