When the crunch comes

Seah Chiang Nee wrote the above article in his Littlespeck blog. He is reading the warnings by the political leaders of an impending recession coming Singapore’s way and how it will impact the people.

The worst hit will be the PMETs, especially those with a million dollar or half a million dollar mortgage. What will they do if one of the paymasters got retrenched?

Don’t forget that there are