Do you think Global economy will revive again?

@subha12 (18441)
India
October 19, 2008 4:28am CST
Its hotrrible time in the global economy. First it was inflation now its recession. many banks are falling, jobs are lost. it is tension time for all. in this troubled time, do you think Global economy will ever revive? will it take more time or less according to you?
2 people like this
12 responses
@rkrish (3003)
• India
20 Oct 08
hup i am too get locked in this inflation and recession now in US, i believe this crash will long for atleast 6 months to get revive again but with a slower pace of time, major hits for those who have taken loans on mortages where others can atleast survive in front
1 person likes this
@subha12 (18441)
• India
20 Oct 08
yes its true
1 person likes this
@balasri (26537)
• India
19 Oct 08
It will improve.What goes around comes around.We have seen many recessions.I guess of revival is in another two years.Why Subha have you invested in share market?
@balasri (26537)
• India
20 Oct 08
I know how much you care for the common issues friend.Didn't I know you for a long time here?
@balasri (26537)
• India
13 Jul 09
Thanks a lot for the BR Subha.I really do appreciate it.
@subha12 (18441)
• India
20 Oct 08
not a single cent in share or mutual fund. I do not think only people who invest in shares should be worried. i am worried for overall meltdown
1 person likes this
@mimpi1911 (25464)
• India
20 Oct 08
What goes up must come down and vice versa. It will certainly revive but may take some years. It's an uphill task to be done carefully this time. I think, the reckless capitalism would subside a little bit. It would be humanised to a great extent. Socialism would gain hold in some parts of the world. And most importantly, people will be careful and wiser in fund management. Its not a good time, but I am sure we will come out of it. We have to be brave and judicious. Thanks.
@subha12 (18441)
• India
20 Oct 08
hope it is revived. its giving a tension all over
@4mymak (1793)
• Malaysia
20 Oct 08
i guess the global economy will revive somehow... some of the stronger powers (europe/japan) may face some slowdown.. but i guess they will be able to make the turn-around probably quicker than others.. and most countries have gone through these problems before, so i guess we all have learnt something and are much more better prepared.... hopefully...
@subha12 (18441)
• India
20 Oct 08
hope it is revived soon.
@williamjisir (22819)
• China
19 Oct 08
Hello subhal. I think that global economy will revive in a few years, but not so soon. But I hope that it can be fixed as soon as possible.
@subha12 (18441)
• India
20 Oct 08
hope it is revived soon.
• United States
20 Oct 08
I sure hope so. But I don't think it will be in the very near future. Hopefully in 2-3 years.
@subha12 (18441)
• India
20 Oct 08
i also think it will take time
@ronaldinu (12422)
• Malta
19 Oct 08
I am no economist but I believe that life is like a wave sometimes you are surfing upon it sometimes you are under it. I really hope that the international economy recovers because if not so many people will suffer in the world. © ronaldinu 2008
@subha12 (18441)
• India
20 Oct 08
lets hope the best.
• India
19 Oct 08
I guess it will revive. It has to, hasn't it? Life always has these ups and downs. And if there is a down, there has to be an up. It is just a matter of time. Cheers and happy mylotting
@subha12 (18441)
• India
20 Oct 08
lets hope so. i think the light cycle come sagain.
@jillhill (37354)
• United States
19 Oct 08
There is a pattern that every seven years something like this happens...maybe only in moderation but usually the stock market etc. takes a dip. It helps get things back on track....weeds out some of the bad practices and brings prices back down. Yes...it will revive.....it will take a little time though.
@subha12 (18441)
• India
20 Oct 08
very well informed response.
• India
19 Oct 08
ya i hope the global economy will grow again during a minimum time. I think US is collapsed by this bad situation. as a Indian i want to see a old status like the very pretty world market. this is safe to all countries, especially growing countries. Happy posting!
@subha12 (18441)
• India
20 Oct 08
lets hope it takes minimum time.
• India
19 Oct 08
Hi Yes, I'm hopeful. Let American Election to be completed, you'll find a significant change. But recession may continue for longer period of time. Remember America invested or wasted huge amount of money and manpower in Iraq and afganisthan. So the world economy must face the bounce of those actions. Recession will reduce consumerism and as a result savings will go up. If that happens, you can expect a rather quick recovery.
@subha12 (18441)
• India
20 Oct 08
lets hope for best and keep fingers crossed.
@jzjqdkd (273)
• China
19 Oct 08
of course,it will.though the situation now is not satisfying,but sooner or later it will.the time it lasts depends the work all of us do,and i believe it will be better soon!
@subha12 (18441)
• India
20 Oct 08
its true. it will take time.