Is the financial crisis officially over?
October 28, 2009 2:14am CST
When the financial crisis hit, it sent ripples worldwide that companies you thought are giants crumbled down, a lot of those working were laid off as companies downsized or close down due to bankruptcy. World economies are now starting to get back to it's feet but does it mean that those affected have bounced back already? I can call myself lucky because although our company have some losses it's very minimal that we have not resorted to downsizing, we did adapt cost saving measures though to further minimized the impact. What about you? do you have any tragic experience when the financial crisis hit? what are the measures you made to adjust? please share so we can learn from it.
28 Oct 09
I don't think so. I started to feel the effect of it just recently. The family is so broke. The business shut down. The bills piled up. Name it. Well I hope we are able to survive this financial crisis despite the condition of the economy nowadays.