End of the beginning of world wide recession.
By admin at 1 October, 2008, 5:52 am
Yes, it is the end of the beginning of worldwide recession.US financial crisis will hit other sectors of industry like automobile, consumer goods etc. Countries and firms which are heavily exporting to US and EU will grow slow for next one year. Jobs will be less and loans will be tough to get. FII will withdraw money from stock markets; they need to repay their lenders. Stock market will be bearish for next one year. We are officially in recession!! I wish you won’t lose your Job.
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