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04-04-2022, 11:20 AM
An honorable member of the Coffee Shop Has Just Posted the Following:
Russia has invaded Ukraine and inflation is felt across the board. We also opening up with less covid restriction which will aid our hospitality sector and domestic consumption (retail dining) which will cushion any downturn. Then China also start to lockdown some cities.
Stock market is also recovering after the initial Ukraine war selldown, so I really don't know if Singapore will experience any recession this year?
Click here to view the whole thread at www.sammyboy.com (https://www.sammyboy.com/threads/will-there-be-a-recession-this-year.319047/).
Russia has invaded Ukraine and inflation is felt across the board. We also opening up with less covid restriction which will aid our hospitality sector and domestic consumption (retail dining) which will cushion any downturn. Then China also start to lockdown some cities.
Stock market is also recovering after the initial Ukraine war selldown, so I really don't know if Singapore will experience any recession this year?
Click here to view the whole thread at www.sammyboy.com (https://www.sammyboy.com/threads/will-there-be-a-recession-this-year.319047/).