Infosys CEO Kris GopalaKrishnan Warns About Another Global Recession
@thebigk
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Oct 23, 2024
Oct 23, 2024
1.1K
Infosys CEO, Mr. K. Gopalakrishnan has warned that there might be another 2008 like recession. In 2008, collapse of a bank kickstarted domino effect and got many other dependent businesses fail over a short period of time.
This time, it could start somewhere in Europe. But it won't be a business but a nation that could fail and may lead to a similar domino effect. On the UK government's decision to fix a cap on the number of visas issued to skilled workers from India and other countries from April, he sounded non-critical, pointing to the high unemployment rate in that country, and said he was not surprised by the move.
Do you agree with Mr. Gopalakrishnan? Share your opinion.
This time, it could start somewhere in Europe. But it won't be a business but a nation that could fail and may lead to a similar domino effect. On the UK government's decision to fix a cap on the number of visas issued to skilled workers from India and other countries from April, he sounded non-critical, pointing to the high unemployment rate in that country, and said he was not surprised by the move.
Do you agree with Mr. Gopalakrishnan? Share your opinion.
