When this current recession will end?
November 19, 2008 1:37pm CST
Hi can any1 predict when this current recession will end?what are the effects of it? How many jobs are gonna laid off due to economic slowdown?
19 Nov 08
I give it about 5 years, because it'really more than a recession. It's the beginning of a complete overhaul of this planet's economic system, and those fundamental changes are always prolonged and painful. It will probably bring with it a shift of wealth / opportunity from what we now know as first world countries to underdeveloped countries, which in itself is a good thing. Apart from that, mankind as a whole will have to move away from materialism, at least the exclusive focus on things material, to more basic values, like learning how to live in peace, for example.