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07-04-2021, 12:50 AM
An honorable member of the Coffee Shop Has Just Posted the Following:
https://www.straitstimes.com/opinion/beware-the-aftershocks-of-the-covid-19-recession
Every economic crisis has its aftershocks. History has shown repeatedly that things never return to their pre-crisis state.
The bursting of the stock market and property bubbles in Japan in 1990 led to more than two decades of economic stagnation and the rise of loss-making "zombie companies" that continued to be funded by Japanese banks, which then ran into trouble themselves.
The real...
Sinkies better beware the aftershocks of the Covid-19 recession (https://www.sammyboy.com/threads/sinkies-better-beware-the-aftershocks-of-the-covid-19-recession.302358/)
Click here to view the whole thread at www.sammyboy.com (https://www.sammyboy.com/threads/sinkies-better-beware-the-aftershocks-of-the-covid-19-recession.302358/).
https://www.straitstimes.com/opinion/beware-the-aftershocks-of-the-covid-19-recession
Every economic crisis has its aftershocks. History has shown repeatedly that things never return to their pre-crisis state.
The bursting of the stock market and property bubbles in Japan in 1990 led to more than two decades of economic stagnation and the rise of loss-making "zombie companies" that continued to be funded by Japanese banks, which then ran into trouble themselves.
The real...
Sinkies better beware the aftershocks of the Covid-19 recession (https://www.sammyboy.com/threads/sinkies-better-beware-the-aftershocks-of-the-covid-19-recession.302358/)
Click here to view the whole thread at www.sammyboy.com (https://www.sammyboy.com/threads/sinkies-better-beware-the-aftershocks-of-the-covid-19-recession.302358/).