2009, year of recession?

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2009, year of recession?
Jan 21, 2009 00:33
LEOPOLD219 Points: Join Date: Feb 7, 2007 Status: offline	"As for global economies, 2008 was a year of global financial crisis. 2009 is a year of recession. 2010 will be a year of resurgence for those developing economies but a year of stagnation for the western economies." An economist of Standard Chartered Bank analysed in his report. What do you think of his words?

Jan 21, 2009 00:42	#1
JCNILE123 Points: Join Date: Mar 30, 2006 Status: Offline	China and the USA are the engines of the world’s economies. If the USA and China's economies are stagnated the world will starve.

Jan 22, 2009 20:19	#2
GUEST18186	USA with the most creative, vital working force is alway a wind vane of global economy and politics. He is a big brother who is the only one that gains the capabilities to take major responsibilites of world affairs.

Feb 1, 2009 09:20	#3
JOSHIRV57 Points: Join Date: Oct 9, 2008 Status: Offline	Leopold if you ahve to ask, just keep silent

Feb 1, 2009 21:15	#4
LEOPOLD219 Points: Join Date: Feb 7, 2007 Status: Offline	JOSH (Or BY?), if you don't want to answer, just go away silently. Nobody forces you to give your answer.

Feb 21, 2009 18:20	#5
SHUBH Points: Join Date: Feb 12, 2009 Status: Offline	Though I didn’t go through that report but it is sure that not only 2010 but ongoing economic crisis will continue to affect every country’s economy and development for at least two three years.

Mar 1, 2009 23:54	#6
GRIZ326 Points: Join Date: Jun 12, 2006 Status: Offline	2009 is a year of great peril and great opportunity. Let us hope all of us can distinguish between perilous opportunities and peril. As for the world at large, it is likely to be a disastrous year.

Mar 2, 2009 20:09

MARRIE
Points:
Join Date: Jan 7, 2008
Status: Offline

Quote:

Originally Posted by GRIZ326

2009 is a year of great peril and great opportunity. Let us hope all of us can distinguish between perilous opportunities and peril. As for the world at large, it is likely to be a disastrous year.

I hope we have already seen the bottom where my friends and I are not sufferring slump as the economy and we are optimistic about the future as well. 'Peril' and 'Opportunity' accompany each other the same way as 'risk' and 'return' do!

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