How to beat the recession forcast worldwide

kganesh333
By kganesh333

What ever news channel you see, the shocking news is entire world
economy is likely to enter into recession this year, which may last
nearly a decade or so, in which period the cost of money will go up
making money a scarce commodity, cost of materials, metals would
skyrocket and job cuts and salary cuts will be severe, world wide. I cannot imagine any jobcut or reduction in salary. To
make more money is more important, as world wide inflation and cost of
living is going up exorbitantly. Unless we make more money, it is
difficult to continue with the present status of living where all
expenses are going up not only here everywhere in the world. In this
context, I have taken up additional jobs like taking tuition for school
and college students, doing decorative handwork and investing in stock
market which are honorable, legal, respectable and authorized way of
making more money to beat the cost of living. I want to unite the group
of persons who are similarly interested to share knowledge for making
more money in a legal and respectable way so that it will really help
many to get over the increasing cost of living. Can the members of the
group offer their views and their ways and ideas to make extra money in
a legal and respectable ways to each other like, taking tution to school students and college students and doing handiwork and art and investing in stock markets or even cutting down our expense, which will be of immense
use to many families?

By hawker• 18 Apr 2008 17:55
Rating: 5/5
hawker

vignale yes with the expansion we are witnessing from middle east, asia and the rest of the world the aviation industry are now trying to find a solution on how to acquire those badly needed skilled & unskilled manpower

 

"How far you go in life depends on you being tender with the young, compassionate with the aged, tolerant of the weak. Someday you will have been all of these."

By anonymous• 18 Apr 2008 17:37
anonymous

Hawker, you are right, one of the first industries that are hit in a recession are the Aviation industries, and for them it is glory days still, even with a record high oil price.

btw a High Oil price makes me happy since I work in that Industry   

By hawker• 18 Apr 2008 17:30
Rating: 3/5
hawker

hmmmm recession i don't think this applies in the aviation industries. aviation in the US maybe but not for the rest of the world.

 

 

"How far you go in life depends on you being tender with the young, compassionate with the aged, tolerant of the weak. Someday you will have been all of these."

By anonymous• 18 Apr 2008 17:28
Rating: 4/5
anonymous

You title yourself Financial Consultant, my experience from my friends is that you guy's are the one's that can make really good money when economical situations are unstable.  I've been working for over 25 years, all around the world, and never have I had to take a salary cut, because there are always places where you can get a better position than what you currently got

By anonymous• 18 Apr 2008 17:15
Rating: 5/5
anonymous

Firstly I think you are wrong, it will not be a recession, in the US- yes, the rest of the word in General, don't think so.

Look at the Various Countries in Europe, Scandinavia, Russia, Italy, Germany look at Asia, India and China amongst others they are not that dependant of the US as before(export a lot to them - but now new markets are emerging for them) AND these Coutries are doing good.  

If we would go into a recession, materials would become 

cheaper because of less need for them.  Salary Cuts ?? Loclly maybe, 

globally NO way- this year salaries in Europe at least are going up a lot 

more than inflation - is that sign of recession to you. 

I will give you an advice, work hard in your job- don't dream of Easy money.

Look globally and take the opportunity to get a better job in another Country 

 

By kganesh333• 18 Apr 2008 17:07
Rating: 5/5
kganesh333

There should be many persons and families who will be intrested to improve their monthly income, to beat the deadly forcast recession world wide. Already we see lot of job cuts, pay cuts every month in Western countries, which the economists say will spread fast in other countries also. So i want the group to suggest honourable and legal ways of augumenting our income, by taking tutions to college students, preparting handwork on arts and other decorative items, to invest in stock markets to make our idle money and bank deposits to earn well as it has come down very well to a lower level and fit for investment at this stage and other good ways and ideas, if any. This should be very useful for every one.

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