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Thursday, August 13, 2009

Current Economic Downturn

This is part of a series of posts I wrote in October 2008 concerning the arrival of the Global Recession...


Current Economic Downturn

The current economic downturn is not a permanent one. It’s only one of the many falling leaves flying in the wind and on to our face. Just reach out your hand and brush it away because this period is what I would call a situation where Strategists, Analysts and Managers can come back to where they started from.

True, we are now terribly involved in a hit and run economic scenario. But picture this; we have also passed early moments in history where economic depression was its worst at that point of time. And leaders worldwide feared that hope was far away. But this is year 2008 and the world market is 1000 times stronger than what it was when we were really in lack of resources to counter attack those early hits. So now, this is also just one of those times where we have to face the sudden drops and wipe it away with what we have got.

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