The global financial crisis is coming?Do you feeling it?

global financial crisis -  financial crisis
China
November 19, 2008 9:27am CST
the price of oil is drop down 55 and the economy strom is coming?do u feeling it?
1 person likes this
3 responses
@adihindu (1922)
• India
19 Nov 08
Yes, it was coming. All the country financial ministers make a meeting to face this problem. All the prices are hiking. And many employees are now removed from their jobs even they are working good. So we have to take care about these, but I don't know much about them. Thank you.
@NonaSaile (924)
• Philippines
19 Nov 08
Of the economic and financial slowdown, yes, I can feel it, on a personal scale. I can even sense it on the world wide web, the way pay rates and demand for services seem to be dropping. Things don't seem to be good in my country, but again from personal viewpoint, I'm used to that, and I believe in the human spirit's ability to survive. I'm curious, how about in your country? I've always considered China a very fascinating study for its economic successes.
@cheongyc (5072)
• Malaysia
19 Nov 08
Ya, this is happening worldwide and the economy recession is going to be there for quite some time before it can recover. The most shocking news so far is the Citibank group massive retrenchment which involve 50,000 employee all over the world. Many other companies are doing the same thing, but in a smaller scale. All of the stock exchange markets are showing downtrend. Besides, inflation is becoming worse and most of the people are spending thriftily. I think the worst is yet to come. Hope everything will be back to normal soon.