here is short preview about recession.





The world is facing this thing, and it will certainly affect the employment market. The labor exporter country like Nepal will be directly affected by less job demand in foreign land. According to the prioritization for home born citizens all over the world, the Nepali employees working in foreign lands may loose their jobs..

um yeah?? graduating this may. why won't I? plus these stupid credit cards keep increasing my APR?? and all of a sudden have new fees...what the hell?? leave my APR alone!

worst is yet to come... goods exporter countries are keeping their stocks in a hope to increase price rates and the importer countries are suffering to import the basic commodity goods, it obviously will have psycological effect among civilians about low market supply, which indeed will make them buy user products in bulk amount.. and remember the supply is less, so competition in the market to buy the product....

In case of other high end products, the manufacturing countries are not willing to purchase raw materials because of decreased sales rate, because people are more willing to spend on daily consumable goods rather than luxury items.... the first quarter already showed recession in world leading economy holder countries, like US, UK, Japan, China and now in Germany and certain parts of EU countries....

Ohh yaa... there are layoffs all over the board. How is everybody planning to take on this heat?

For me, Eisenhower and Reagan philosophy, save save save, cut spending and make your life small for some time. There is a good chance Dow might fall around 7600. Scary time..... hope that's the bottom, but th price of gas is exotic right now, can't complain.....

Happy friday ya'll.....

ya me too.. i am not spending as much as i used too but that does not mean I am compromising on food.. I buy less shoes now =)