Economic recession
By ishavasyam
@ishavasyam (1801)
India
July 25, 2009 2:04am CST
hello friends, Is the recession receding ? What is the general feel ? I have perceptions that gradually the mist of the global recession and slow down has started thinning.What do u feel ? Being experiencing the effects from various parts of the world, what does the consensus reach to ? Let us make a study..have a nice day..bye
3 responses
@abhi_arora (181)
• India
25 Jul 09
brazil russia india and china contribute to about 22% of the world's economy and so these are overcoming the effects of the recession as fast as they went into recession ...the effects of recession are decreasing with a good pace in these countries but they are relatively slower in USA and canada
@ishavasyam (1801)
• India
25 Jul 09
Good morning abhi_arora, thank u so much for ur expert comment on the situation.yeah I agree with U... lets hope for the best..keep it up & have a nice day..bye
@robinpoulose (105)
• India
25 Jul 09
not from dubai or arab countrys!! i dont know but the stock markets are up!! and in well position!!
@ishavasyam (1801)
• India
25 Jul 09
Oh good morning ,robinpoulose, thank u so much for the fast reply..yeah stock market uplifting could be taken as one of the indications.Have aa nice day..bye
@veejay19 (3589)
• India
25 Jul 09
I don`t think the recession or slowdown has ended as yet thogh things have certainly picked up a little. I believe we and the world are still far away from complete recovery and it may take 2 or 3 years before we see the markes return to some semblance of normality. The job situation is still pretty grim everywhere and layoffs are still taking place. Lets wait and see what happens next year and hope that things do turn out for the better in the near future.
@ishavasyam (1801)
• India
25 Jul 09
Hello veejay19 ,good afternoon..Ur answer is just like an economical expert..that shows u must have a good study of this subject..thanks a lot for the insight.. worth appreciating..have a nice day..bye
