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Prepare Your Umbrella Before It Rains... PDF Print E-mail
Written by Muhaimin Iqbal   
Sunday, 11 January 2009 07:55
There are no translations available.

When I learn about risk management, I learned the term Near Loss Incident. Our people call it… just almost…

The point is that big problems started with series of small problems that over time gets bigger and then it peaks ----bang ---- everything is destroyed.

In the world financial market, that is what happened in the last few months. The world financial market has only reached the …just almost…collapse. But does it occur in our minds that the global financial system can really collapse ?.

What if something that happened in Indonesia year 1965 and 1998, or like Germany year 1923 or the Great Depression that started the fall of the US stock exchange in 29 October 1929 was repeated? What can we do?.

Last Updated on Sunday, 11 January 2009 08:01

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