finance

India
January 29, 2008 6:53am CST
Are we going to face an era of recession?I think current levels of stock markets all over the world pointing towards this. What are the possible remedies from the side of governments to tackle recession?
1 response
danzer
@danzer (2723)
• Philippines
29 Jan 08
The best thing for a government to do I think is to be educated about money and finances. With that, they will know how to save money to answer problems in recession due to poor economic condition! In my beloved country, it was on the newspapers that 420,000 government employees will be retrenched due to lack of money to pay them.
aruncrj
@aruncrj (63)
• India
29 Jan 08
ya u r true.i wish to know which country you belongs to.
1 person likes this
danzer
@danzer (2723)
• Philippines
29 Jan 08
I am from the republic of the Philippines! Thank you.