01-25-2011, 04:49 AM
Hi all
Luckily at the time when Asian Monetary Crisis in 1997 hit my country, i was still at the university so basically it didn't affect me very much. Now during the mortgage crisis and sovereign debt crisis my country hasn't influenced very much perhaps because our banking system is more independent and not connected to those major worldwide banking in the US and europe so we are safe. However in case I've been laid off and it is impossible to find jobs in the construction industry, i guess the best thing to do is investing in the stocks and commodities market because during this time that all the market is plummeting so it is the best time to buy those bluechip stocks while it is cheap. Basically i've made trading and investing as my sidejob beside engineering :).
Luckily at the time when Asian Monetary Crisis in 1997 hit my country, i was still at the university so basically it didn't affect me very much. Now during the mortgage crisis and sovereign debt crisis my country hasn't influenced very much perhaps because our banking system is more independent and not connected to those major worldwide banking in the US and europe so we are safe. However in case I've been laid off and it is impossible to find jobs in the construction industry, i guess the best thing to do is investing in the stocks and commodities market because during this time that all the market is plummeting so it is the best time to buy those bluechip stocks while it is cheap. Basically i've made trading and investing as my sidejob beside engineering :).