World Financial Crisis

As major financial institutions go under, and companies going bust everywhere, one wanders what will happen next. The stock market is reacting very badly, and that will certainly cause major consumer spending, which will spiral into an downward crash.

Will Singapore banks be affected by the crisis? What happens IF banks like HSBC, Citibank or UOB fails? Will our hardworking citizens lose their hard earned savings?

The recent AIG issue already caused so much havoc amongst many, what will happen next?



Questioning from the dark corner of the SGX. Sotong Investor.