Coming soon: Another Economic Meltdown / Recession?

It may come down and i will say that it has started .. but dont open the option just for one thing in life ..time has changed there are various option just you need a vision where u have to walk down.... the same had happen with me i was blind what will i do how i will earn but know i am tension free

What I find interesting is the people who predicted just about 2 or 3 yrs. ago that things were at their worst and things would get better. But if you have looked around you will continue to see things get worse, and more and more people panicking as well. People are still loosing homes and jobs and their sometimes really seems no end in sight. Who knows what the future will bring as many of us know, but if you place God first and Trust him and pray to him to help you in time everything will turn out ok.

There is currently a world recession and in my home country it began in 2008. Many people have been made redundant and lots can't find another job. You have been in your job for five years so I hope they won't make you redundant. Good luck. In 1993 I got made redundant from my job I had been in for two years. By then my home country was in a recession. I couldn't get another job however hard I tried. Such a situation is depressing and soul destroying. Finding a job is a full time position. I gave up trying because it was so impossible. I let out my cottage, got a working holiday visa and bought an airline ticket around the world. I traveled for just over one year. I worked in Australia whilst I had been away as a children's nanny, a factory packer and a charity collector. When I returned home I studied but before then I had some temporary work in a bank and a insurance company.

In my view, the world economy has not recovered completely from the last recession which began three years ago. So I don't think the recent bad news about world economy means another recession. In my country, the biggest problem which annoys the public is high inflation instead of recession. The wage has been increasing year by year, but the Consumer Price Index has been increasing much faster. So the pressure of living becomes bigger and bigger. The government has taken some measures to handle high inflation, but it worries that the development of economy will be negatively affected if more effective measures have been taken.

I believe the last recession hasn't ended, we are still living through it, and it's about to get worse than ever. If anyone still has a job, they are advised to keep it. Changing jobs is a luxury that we can't afford in today's situation.

Yes it does look like a recession is imminent, especially with the stock fall and high unemployment rate. I myself just finished my associates degree but couldn't go any further for my bachelors because of the poor job outlook, and now I'm forced to try something else.