Kaustubh
Member • Oct 27, 2009
Is the recession over?
What do you think? Is the world already out of the economic recession?
Howdy guest!
Dear guest, you must be logged-in to participate on CrazyEngineers. We would love to have you as a
member of our community. Consider creating an
account or login.
Replies
-
Member • Oct 27, 2009
I guess this is off topic.
But this recession has done both good and bad.
The spending curve of employees specially software employees got declined 😀
Recession I guess its gone , since I heard and read of many acquisitions 😀
Hiring etc etc.Are you sure? This action cannot be undone. -
Member • Oct 30, 2009
It ain't over till the fat lady (oops!), the fin min sings 😀Are you sure? This action cannot be undone. -
Member • Oct 30, 2009
I don't think it is really over but still it should get to an end soon.Are you sure? This action cannot be undone. -
Member • Oct 30, 2009
As far as my newspapers is concerned its business/economics sections says its over not exactly its on the way to over . Middle-East economy is improving so may be Indian also.But ME and Indian economy is not interrelated so I cant say about India.Are you sure? This action cannot be undone. -
Member • Oct 30, 2009
it is gradually decreasing as according to todays newspaper British economy is also showing plus growth rate.....which is a sign that recession will be over in few months.Are you sure? This action cannot be undone. -
Member • Nov 1, 2009
Well, they claim that it's over because it's not likely to get much worse. Unemployment is the last thing to improve, and that's the main thing people care about.
Are you sure? This action cannot be undone. -
Member • Nov 2, 2009
yeah.. it is Some what Decreasing 😔Are you sure? This action cannot be undone. -
Member • Nov 12, 2009
as callyD rightly put it, it can't get worse..so we're slowly but surely getting out of recession..Are you sure? This action cannot be undone. -
Member • Nov 15, 2009
The whole world is saying that the worst is behind us seeing the improvements in the earnings of the companies and the way the companies losses have started to bottom out.
But we must keep in mind the real driving force behind these things is the huge mammoth-sized stimulus package worth 1000's of billion$ given by the governments of various countries all over the world.
I think the real effect can be realised once the world is able to sustain this recovery curve to keep it rising for the next two quarters atleast.
What do you have to say?Are you sure? This action cannot be undone. -
Member • Nov 15, 2009
Recession is temporarily over, it may hit again soon.
The root cause is our world economic system which supports inflation & then recession, Its outdated, till we rethink the system, we are gonna see these things often.Are you sure? This action cannot be undone. -
Administrator • Nov 15, 2009
Temporarily over?
How's you explain that?Are you sure? This action cannot be undone. -
Member • Nov 16, 2009
A nice story on recession must read
#-Link-Snipped-#Are you sure? This action cannot be undone. -
Member • Nov 16, 2009
All of the world economies are affected by US economy & their monetary system is is totally controlled by Fedral bank who exchanges currency with debt. This debt is increasing & that debt can't be payed as their is no extra money in the money supply to account for the interest. Thus banks are getting bankrupt. This is just a crude explaination. Other demerits do exits in the economy.The_Big_KTemporarily over?
How's you explain that?
Infact our indian monetary system is much secure which uses gold standard for accounting money in the money supply. But gold is getting costlier & it does affect our economy also its exhaustible resource.Are you sure? This action cannot be undone. -
Member • Nov 20, 2009
Can you please put some more detail on comparison between the Indian and Federal Bank's ways to manage the money supply?Are you sure? This action cannot be undone. -
Member • Nov 20, 2009
In Indian monetary system for every unit of money value put into money supply, the same money value of gold is put into reserve, while in US debt is used in exchange of money, which should be paid with interest to Fedral Bank.Are you sure? This action cannot be undone. -
Member • Nov 21, 2009
Thanks Vik
That is the reason they(US) made the whole world play with debts and more debts which never returned and pushed the global economy into recession
Hope they learn something this timeAre you sure? This action cannot be undone. -
Member • Nov 21, 2009
Don't you think that you are talking about past...vik001indAll of the world economies are affected by US economy & their monetary system is is totally controlled by Fedral bank who exchanges currency with debt. This debt is increasing & that debt can't be payed as their is no extra money in the money supply to account for the interest. Thus banks are getting bankrupt. This is just a crude explaination. Other demerits do exits in the economy.
Infact our indian monetary system is much secure which uses gold standard for accounting money in the money supply. But gold is getting costlier & it does affect our economy also its exhaustible resource.
Upto which i heard reserve bank is not using this policy now...
Many people say ..India is not much affected by recession ..I think reason is it's population ..as I think recession arises if demand decreases...but in India..it does not happen so
please correct me if i am wrong.....Are you sure? This action cannot be undone. -
Member • Nov 27, 2009
Please clear the doubt vik
does reserve bank still follow this policy?Are you sure? This action cannot be undone. -
Member • Dec 11, 2009
Well according to #-Link-Snipped-# , USA, for example, is the last country in the world, which will come out of recession. Apparently it is based solely on people's opinions, but the fact, that basically 75% of 100% USA citizens think, that recession is not over yet and 17% of them think, that it will not even be over until 2-3 years, is not realistic. I have no idea, whether people have serious financial problems, or they just don't think realistically.Are you sure? This action cannot be undone. -
Member • Dec 20, 2009
Ok... this is getting worse and worse look at this: #-Link-Snipped-#
do you seriously think that these results reflect the real thoughts of USA people? Almost 2000 say, that recession is not over yet. I agree with the other 400, who still have their senses and see, that this idiotic and pushed up story of a killer recession is nonsense. But people earn money on that. Come on people and come to your senses.Are you sure? This action cannot be undone. -
Member • Dec 22, 2009
Well speaking about India recovering from recession then I feel that India was never affected by it in real terms. The fact that India is an outsourcing hub it still had enough projects even in the global recession period to keep up the flow. For example, if a company like Satyam after their major scandal can overcome with minute alterations in a limited span of time and just by counting the number of Pink Slips being given in that crucial period we cant say that India was actually struck by recession. For me it was just a hype created by the Indian economists along with the IT-sector just to show that we were a part of the impact which was not cent percent true. In India, the rich becomes richer and the poor becomes poorer which is the bottom line.Are you sure? This action cannot be undone.