winger7 wrote:I suppose 2010 is the best we can hope for no..?
Sorry the UK unemployment is 6% now and expected to rise to 10% by 2010, what does tat tell you. Singapore may well have more job losses to come, as more output trade dwindles around the world.
Also the financial figures around the world are pretty dismal to say the least, the UK is screwing the consumer now with higher interest rates, many with no jobs...
Although all is not doom and gloom, the hype of better times does effect the stock markets, were money can be made, if shrewd enough.
Many companies will have to review their strategies, if they are planning on riding the waves of a recession, spending power is tight, so innovative and creative planning is needed to provide a reason to purchase one's product.
One needs to look at the product to re-evaluate it's benefits in a different light, if it's not selling, dropping price may not be good enough, if the demand isn't there. So a quick evaluation is needed to cut losses, or diverse into something that will support it.
We may see positive improvements starting in the USA by 2010, but it's going to take a long while to recover i believe.
It's been happening since December. Wake up!
