Well the question is, will there be a recession in Malaysia in 1998?? We did a survey via www.cyberlabs.com.my, surprisingly tons of people did the survey. Below are the recession survey breakup: Total correspondence 1803 Malaysian correspondence 1703 Asian correspondence 56 Rest of the world 44 correspondence "NO" to recession 40 correspondence "YES" to recession 1758 Therefore, we can conclude that 77.8% of the people believe that in 1998 there will be tough time in Malaysia (Please Refer to Pie). Now, will 1998 be just like the Great Depression in the State, in the 30s?? We can assume that the recession in the 80's is nothing compares to what we are going to face next year. First of all what cause this?? This the goverment responsible for it?? Or has the goverment taken any steps to prevent or loosen it?? Or is it good enough?? And what should you do as an individuals in this time of hardship?? If you look around you. Lots of car dealers are starting to go out of business, many properties are on sale, banks are not giving out loans, tons of share counters are below 1.00, and Ringgit (RM) are sliding like crazy againts US dollars & British Pounds in a daily basis. Are you ready for this?? Sit down, think and answer those questions yourself. We are giving any solution to this matter but just a mere information for you to think about and be prepared for it. On your right are some links to the Great Depression which hit the United States in the 30s, please go there and you could read how it was like to be in the situation then.

DEPRESSION LINKS The Great Depression 1929 Great Depression Great Depression - lots of pictorial Cause of The Great Depression Timeline of the Great Depression The Stock Market Crash Disaster in the making

© 1997,1998 MAGNIFIX