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Old 12th February 2008, 06:59 AM
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Re: Newsbreak - Singapore government asks citizens to prepare for recession.

Quote:
Originally Posted by jacksonm
You play with fire, you might get burned.

.

The China stocks listed in China are even worst, many, i suspect 10 to 20% of them will just disappear over the next 5 years.

It happened to Indonesian and Malaysian stocks during the Asian financial crisis. Myself, i've a owned a finance company stock that went bankrupt. It was a blue chip and one of the biggest property finance company in malaysia before the crisis.

It is almost impossible to value invest in a bubble, even the blue chips can go bankrupt.
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