When do u think this Reccession period will over!!

@Amigo523 (121)
India
March 8, 2009 6:29am CST
Iam a victim of this reccession demon ..I was suppose to get my pay hike butttttt not many hopes..I really hav no idea when this going to get all over.Seems to be there for quite a long time..Iam very optimistic and joined few online jobs and im investing some time over it ,hopefully i will get some thing out of it to beat this reccession period.
1 person likes this
4 responses
@WATARIKENJI (1534)
• Philippines
8 Mar 09
I think it will last longer than we expected.After the approval of Obama's stimulus package, the market seems did not respond well. We just have to be more budget conscious and frugal. Good day!
@Amigo523 (121)
• India
8 Mar 09
Hmmm ...looks i should look for a govt based job...
@Archie0 (5636)
8 Mar 09
recession cannot be said exactly what might happen the time of closing bell of sensex and other stock boards, they stumble up and down.. things about recession i think it will take atleast 2009 to start for things to turn in positive manner.. then it might take more 4 years or more to get things right in their place but not totally changed.. hope for good...i am just praying for things to get right.
@cream97 (29087)
• United States
8 Mar 09
Well, I am unsure about this one. It all lies in the hands of Congress, President Barak Obama needs to do something about this. If he asks for certain things to be done, then Congress and others should see to that. I am hoping that by the late summer that it may get a little better. But, who knows what will happen.. Only God knows the answer to this.
@jakes9 (215)
• India
8 Mar 09
It seems like it will go on forever! Here in India, when the market was trying to rise up, the Satyam scandal happenned. Before it also the market was on its lowermost point, but after this Satyam saga, it went even more down. As we all know, that recession is just a phase, which will definitely go off some day. But it shouldn't have lasted for so long. People are loosing their jobs, even well qualified people are finding it tough to stand on their feet. Everyday the newspapers are filled with the news about which company laid off how many people. And just today I read in the newspaper that within the next month, almost all the call centres will be shut down because of recession. Here in India, this means that millions of people are going to loose there jobs, especially for women, because most women found call centres as there first and probably the last resort also, to earn money. Its getting so much difficult that companies are hesitating to offer good salary packages to reputed IIMs and IITs students. Its getting really tough. I hope this recession period gets over soon, or maybe the economy will have to face more losses.