Me & Recession

In the evening when I am sitting in my hotel room with day gone by full of meetings, I “accidentally” peeped into some of my daily news site. Of course at the time of such a global recession, it seems to have virtually gone everywhere – countries, economies, sector, industries, newspapers, radio, TV, and I mean everywhere.

Markets remain under pressure what Hindus says, Financial Times argues that India's IT executives fear worst slowdown and the Economy seemingly in bad shape. Even Jerry Yang To Step Down As Soon As Yahoo Board Finds Replacement.

As Housing Starts at Record Low, the Economic Forecasters, Who Missed the $8 Trillion Housing Bubble, Predict 14 Month Recession. Economist’ View relates the current condition to a crispy electronic music of a horror movie in "Nightmare on Main Street".The Economist: Free Exchange says about this catastrophic collapse through You don't say? and now The Fed has been forced to seek risk while other central banks seek safety.

Ben Bernanke said today “the TARP plan, and any subsequent debt-financed bail-outs, pose no credit risk to America”. This rather remarkable statement and argument about Could America default? Is debatable under current circumstances. Now even people have been forced to ask to the Dear Economist: How do I calculate an appropriate salary?

This recent market turmoil portends hard times for even the wealthiest universities. Last week, Harvard President Drew Gilpin Faust told stakeholders that, with the research service Moody's projecting "a 30 percent decline in the value of college and university endowments in the current fiscal year," Harvard needs "to be prepared to absorb unprecedented endowment losses and plan for a period of greater financial constraint." Is this Harvard University's investment errors.

With so much recession affecting countries all over, you can now get The Spanish Crisis In A Nutshell. With companies all across filing chapter 11 and looking for bailouts, Robert Reich’s has done a decent job explaining The Real Difference Between Bankruptcy and Bailout. Hence I guess your Financial futures? predictions depends upon your investing in the same.

Having done the Recession Dating and I hope people should not be forced to say To Hell with the Long Run.