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Are we heading towards another recession ?

Created by : Leena Khade, Banc Assurance, Deutsche Bank  | 08 06 2011 04:36:11 +0000
Keywords : recession depression the great depression comeback of recession
Activity:  773 views;  last activity : 08 27 2011 11:06:01 +0000

So the trend again looks gloomy. Markets are at all time low. Economy again hit. Do you think we are heading towards another recession?

  
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Yes. IT might not effect us directly but in someways it will! Can't US learn a lesson from all that has happened in past?? This will effect IT cos and well already it is hard to find a job and now this.. It is going to be difficult. Europe , US all these people do not understand that luxury comes at a cost and that they are harming world for their selfish needs.. 
By Leena Khade, Banc Assurance, Deutsche Bank  08 06 2011 04:36:11 +0000
 
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ur quite right and up to mark leena
By puneet , Manager Admin  | 08 27 2011 11:06:01 +0000
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By babyrita , B.B.A student, maxwell  | 08 20 2011 14:35:13 +0000
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In my view, It will again leads towards recession. Beacouse if US economy will slow down then surely it will give huge impact on our country, whether it will be into services sector or in any other sector.
By ROHIT ARORA, EXECUTIVE-FINAICIAL REPORTING & CONTROLLING  | 08 08 2011 05:56:48 +0000
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Yes, it is true we are heading towards another recession in 2012,because of US companies so as the value of money will go down as it is predicted in coming year hence hope so that it effect the least to our country.
By pragati parihar, MBA/PGDM student, banasthali university,jaipur  | 08 06 2011 13:35:36 +0000
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Yes clearly with the S&P downgrading the US credit rating as well as the debt crisis in European countries we are most probably slipping into another recession unless the government takes some strong preventive measures
By Vijay Karunakaran, Accounts Executive/Accountant, LIC Mutual Fund  | 08 06 2011 09:16:51 +0000
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Not again!! I am a nobody where these things are concerned!! Dont understand but hate the effect that it causes.
By Makrand Bhave, Marketing & MICE, WIZCRAFT International  | 08 06 2011 09:03:41 +0000
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The indications so far point to this fact. At least now countries should wake up and delink themselves from the US economy. But i am waiting to see the approach of the US govt. I am sure with their glory and prestige at stake, they wouldnt let the economy slip into another recession. They cant afford one in any case.
By Jaygopal Raghavan, Marketing Manager, Landmark Group  | 08 06 2011 07:25:28 +0000
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Yes, it can be seen from the behaviour of stock markets all over the world in these couple of days and raising of price of gold as a safe investment.
By kanukurthy sudershanrao, Operations Manager, Andhra Bank  | 08 06 2011 05:39:15 +0000
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though i am not economist but technical analyst for stock market,which suggest down trend. and i think stock market is a reflection of country economics.
By kishor , technical analyst for stock,commodity and forex market  | 08 06 2011 05:32:46 +0000
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No, This situation will overcome soon. The chance for a recession is very rare, because our economy growth directly depends the agricultural & industrial development. The industrial fluctuation change the economy directly, this is a short term fluctuation only. But agri power is higher than the industrial development.

We cannot compare our economy with US. The market inputs related to US is very and some small section such as IT only. This is only additional booming factor.

At present stage no calamities or any riots in our country.

The income tax department started investigation against non/less tax payers. This result, new Tax payers rate will increases and get more wealth ratio. So their is no chance for a recent recession.
By RAJAGOPAL MS, Corporate Lawyer & Industrial Consultant  | 08 07 2011 02:05:15 +0000
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after seeing the total amount tax payer's money being looted by such corrupt people , India is no where near recession,

moreover if you see India is helping european nation with bail out packages

India has huge talented man power resources and no one in the world can debate on this,

japan is devasted by natural calamities but it will take time to japan to get back on track, India is huge market for china and now china does not need US for selling it product anymore as they have lot of money invested in US already
By ABHIJIT KULKARNI, Project Manager, BNP Paribas  | 08 06 2011 12:04:54 +0000
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