Are there any ways to avoid the global recession towards which the world is heading?

by economy on 06/10/09 at 5:03 pm

Global Recession is comming and 2008 is predected to be the worst year for US software market.If this becomes reality the impact on the other sectors is inevitable and the world economy is bound to crash.Are there any ways that this can be avoided?

Global Recession is predected to crash.Are there any ways that

Latest Post on Economy

Basic Economy: Understanding Bonds
There are certain things you must understand about bonds before you start investing in the...
Economic Crisis: How early can gingival recession occur from using Snus tobacco?
I just recently started using the new smokeless tobacco product Snus. I have heard that it...
Economic Delusions: Tulipomania delusion
The demand for tulips of a rare species increased so much in the year 1636, th...
Economy Terms: U.S. income tax
Federal income taxes haven't always been a certainty. In the early 20th century, people li...

One Comment

ustoev

Oct 6th, 2009

There are two things that would help the global decline.
1. Reduction in the cost of energy. That item has affected every non-producing country and would help with consumer confidence.
2. Reduction in the fighting in certain areas. I think that one of the missions of the "terrorists" is to bring the world economy to a standstill. The spending on war and the constant concern over certain countries that fuel the unrest is having an affect on the world economy.

You must be logged in to post a comment.

Global Economy

Goolsbee to head Obama economic council

The US president names Austan Goolsbee, a long-time adviser from his inner policy circle, as the new head of the White House Council of Economic Advisers
2010 09 10
Improving economies lift oil to month high

Global market overview: Better economic indicators pushed bonds yields and oil to monthly highs, but gains in the stock market were hard to come by as governments struggled to convince investors they could keep the recovery on track
2010 09 10
China trade surplus in surprise drop

China’s trade surplus dropped in August after imports grew at a faster rate than expected, an indication that domestic demand could be rebounding after several months of slowdown
2010 09 10
SPD leaders urge Sarrazin to quit party

Leaders of Germany’s opposition have appealed to Thilo Sarrazin, the rebel board member of the German Bundesbank under fire for his criticism of Muslim immigrants, to quit the party before he is expelled
2010 09 10
Airline caterer serves up halal-only menu

The airline meal is heading for an unexpected transformation, as the world’s largest independent aviation caterer looks at making most of its dishes compliant with Islamic dietary laws
2010 09 10
Japan signals action to stem rising yen

Japan has been preparing the US and Europe for Tokyo’s potential intervention against the rising yen, according to Naoto Kan, prime minister,
2010 09 10
Emissions trading ‘obsolete’ say campaigners

Heavy industrial companies in the European Union are benefiting from emissions trading that is forcing down the price of carbon permits and encouraging the growth of greenhouse gas emissions, according to a report published on Friday
2010 09 10
US wholesale inventories jump in July

US wholesalers replenished their stocks at the fastest clip in two years in July in a sign that consumer demand may be picking up in the US
2010 09 10
Harvard endowment fund begins recovery

The world’s wealthiest university grew a little richer over the past year, but has recouped only a little of the loss that it suffered from the economic crisis
2010 09 10
Inflationary pressures begin to ease

UK prices at the factory gate are rising less quickly in a sign that inflationary pressures hitting the economy are easing
2010 09 10

economy