What do you think of business failure !
By bluerainhong
@bluerainhong (400)
China
November 16, 2008 9:00pm CST
Because of financial crisis, the global economy sinks in a condition of depression, so most of enterprises have been going brankrupt. There has a rumor in China, total in 50,000 enterprises fall into the tide of brankruptcy,but Guangdong Governmentors say only 7,148 enterprises, which mainly concentrate on Pearl Dalta regions. Why they closed down, for their backward production capacity.
So how do you think of it?
1 person likes this
2 responses
@ANTIQUELADY (36440)
• United States
17 Nov 08
i think it is very sad when a buisness goes down. people put alot of money & alot of hard work in getting a buisness started.
@KrizaliD_211 (111)
• India
17 Nov 08
it all started with LEhman brothers and lehman blames it on Jp morgan
then suddenly the market crash becoze of the news and when market crash the money which is invested by the company in stock market gone in red then comapny goes into huge losses becoze of which their is no other choice than to shut it down
this is what think has happended till now
until the market stabalized we cant see any company stable
and u see the private firm comapany who didnt inest that much is more stable now thne the high ranked comapny
