Well it is not good stories to hear from economic perspective. The problem are getting worse day by day and it is difficult to see a green land near far. Yahoo is going o cut more and more jobs. The two most fastest developing economies Indo and chinese economies going through steepy avenue. Indian air lines are cutting jobs showing the reality of the economic recession. Although in the beginning Indo chinese economies looked more steady with the economic recession , They looks no better. Hard times are hedding towards people.
From sri Lankan perspective sound is not good. Sri Lankan terrorism problem weakens its ecoomy and this economic recession is worsening local issues into deeper levels. Hotel, tourism are badly effected and it does not look god in coming days. Textile industry is does not have a good rythm. Software companies are badly hit. The leading Software giant Virtusa laid off over 100 employees few months back to recover the pressure built from fall in the stocks. Well it did not really helped a lot. Presently vrtu stock does not have a nice vice.
Time does not look good for anybody. Small nad medium people are badly hit. Bigger people can survive although their prosperity is hit , this is a time for them to spread their wngs and capture the more teritory to expand their empire.
For me it looks like this will make more monopolists on the way of circulation of shock waves.
No comments :
Post a Comment