| Topic : how to search a better career in the days of recession |
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Effective risk management in financial services |
Financial Asset management |
Global Economic meltdown |
1 more ...
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Activity:
Question posted: 04 24 2009 06:08:15 +0000,
2 answers, 187 views, last activity
07 06 2010 20:18:08 +0000
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Longer than you want it to last. This is the first time it has cut across from the US, their branches, and gotten into Finance, Realty, Manufacturing and services, with a Oil Price increase as well.
In India, the effect is acute due to our GDP being very dependent on S/W, ITES as their spend power of the beneficiaries of these industries goes heavily to support bank incomes, retail, luxury and automobile sales, food chains, beverages etc. A high cost high tax economy that got initiated in the last "DREAM" budget is going to be a living nightmare.
A worsened scenario would be if rains dont come good, huge rural class populations would move to metros, and in a socialist - populist governance model that India has, this migration would be simply un-manageable and would lead to strife, total break down of law and order. I cannot write too much on this site, as the purpose and agenda of this site is not intended to dwell on such issues. Suffice it to say there is no single answer to this excepting to survive, and ride the pain.
Hi Esha, Just check out the Links below which is from Toostep itself, you will get ample information...And if you want more information on recession then type recession in search box and click on search knowledge....I think people on the Platform have created many things about recession...debates, articles, idea contests, and Q&A's just check out......
http://toostep.com/debate/the-real-cause-of-recession
http://toostep.com/debate/what-is-realistic-time-frame-when-this-recession-ends
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