|
America's president elect is under qualified, were in a deep recession.
I see a dark year ahead of every one world wide
|
|
|
|
|
Not worlwide because Brazilian economy will grow at least 2% in 1999
|
|
|
|
|
CORRECTION: Not worlwide because Brazilian economy will grow at least 2% in 2009
Cheers
Marcello Turnbull
|
|
|
|
|
Not worlwide because Brazilian economy will grow at least 2% in 1999
Cheers
Marcello Turnbull
|
|
|
|
|
CORRECTION: Not worlwide because Brazilian economy will grow at least 2% in 2009
Cheers
Marcello Turnbull
|
|
|
|
|
Why don't you take R50-00 and move to Zimbabwe and sell it on the black market, then you will be an instant millionaire.
If at first you don't succeed, failure may be your style. (Quentin Crisp)
Recession is when a neighbor loses his job. Depression is when you lose yours. (Ronald Reagan)
|
|
|
|
|
If I do that i would not have enough money for a single bread and get cholera to boot. How is that not a horrible year?
|
|
|
|
|
You can't have your cake and eat it, thats just being greedy. 
If at first you don't succeed, failure may be your style. (Quentin Crisp)
Recession is when a neighbor loses his job. Depression is when you lose yours. (Ronald Reagan)
|
|
|
|
|
He has a good common sense, that will help him.
A lot of bride and high qualified people in the banks ruined the american economy.
Make yourself a brighter year, because "life is what you made of" 
Greetings from Germany
|
|
|
|
|
It is very easy to point the finger at the government or at banks, but people fail to blame themselves.
If people would pay off their credit card bill every month, stop eating out for lunch and dinner every day and only buy things they can afford, then they would have more money and not be in such debt.
I'm being very general in my comment.
|
|
|
|
|
Didnt the banks make stellar losses but the managers und investmentbankers got hugh bonuses? And now the taypayer should help out with the TARP.
In my home country Germany our goverment spents around 50 Billions Euro for the troubled banks, but to help "Opel" (the german subsidary of GM) with 1 Billion Euro they discuss as chickens. And the small business peoples says: "No one helps us".
PS: I blame people for electing such politicians
Greetings from Germany
|
|
|
|
|
Sean Botha wrote: America's president elect is under qualified
I am very agree with you.  do not know why so many people admire obama. as for me he will not be able to make significant changes that were declared.
|
|
|
|
|
if you say that 'the world' is the US then maybe that's correct.
Europe has some issues but I think we got to thank the US for that
|
|
|
|
|
Our project manager leaves then it will be great. 
If at first you don't succeed, failure may be your style. (Quentin Crisp)
Recession is when a neighbor loses his job. Depression is when you lose yours. (Ronald Reagan)
|
|
|
|
|
True. At least the bad scary politics would come under control. I am voting a '5' for you.
Vasudevan Deepak Kumar
Personal Homepage
Tech Gossips
The woods are lovely, dark and deep,
But I have promises to keep,
And miles to go before I sleep,
And miles to go before I sleep!
|
|
|
|
|
So I'm still waiting to be paid for work I did, stupidly I also loaned the company money to pay a colleague as I expected to get paid back when the money came in for a job I was working on.
My wife and daughter live in Taiwan, and I'm here in Australia looking for some short term work so that I can take some money back to them.
I'm hoping for the best, but not expecting it.
|
|
|
|
|
Why did you lent to the company ? If your colleague needed the money, you could have lent it to him directly. That way at least there is a better chance to get your money back from your friend even if the company goes bankrupt.
|
|
|
|
|
The colleague wasn't a friend. The company was quite late in paying him. I just didn't want the company getting into trouble before I finished the job I was on, as I didn't want to see my hard earned money get used up on legal fees or something.
|
|
|
|
|
the whole situation sounds shady... i hope you find something soon.
Einstein argued that there must be simplified explanations of nature, because God is not capricious or arbitrary. No such faith comforts the software engineer.
-Fred Brooks
|
|
|
|
|
The present situation is not very promising..
But I think the situation will change in a quarter or two. It always takes some to time to recover from global depression. Hopefully the booming times come again 
|
|
|
|
|
If not the booming time, at least, everyone should be ensured the basic bread and butter (the fundamental survival strategy).
Vasudevan Deepak Kumar
Personal Homepage
Tech Gossips
The woods are lovely, dark and deep,
But I have promises to keep,
And miles to go before I sleep,
And miles to go before I sleep!
|
|
|
|
|
So far looks like a terrible year here in chicago,
our clients are either cutting back or going out of business.
hmmm maybe time to move
Richard Buchner
RichardBuchner@gmail.com
Hyde Park Systems Group
Chicago
|
|
|
|
|
I too live in the Chicago area (far western suburb) and deal with Chicago and suburban schools, both high schools and colleges. I voted that it would be a very good year for me. My business deals with sports, and schools still seem to have money to spend on sports. Sure they are cutting back slightly. The hospitality room at a tournament now contains chips and bottled water instead of pizza, subway sandwiches, BBQ sandwiches and a variety of drinks, etc., but the fees they pay officials has not gone down. In fact, I have more work scheduled for 2009 than I have in any past year, and I even raised all of my pricing last summer. Most of the work I do at sporting events involves computers (timing, results, stats, etc.), some with software being that which I have written. It is my own business that I run. The biggest problem I have seen in the last couple of years is more competition. I have been in this long enough that I have my loyal customers and am gaining new ones this year as well.
Last night Nightline ran a piece on the housing market of the rich and famous and how even their houses are not selling in this market. They tried to point out that this was a sign that perhaps the market was beginning to bottom out since those types of houses are usually the last to see change in the market. I think we have a long ways to go. I think it will start to bottom out when schools, high schools in particular, start cutting way back on money they spend on sports. Right now I am not seeing much of that yet. When they start not being able to afford new uniforms, reduce the size of a team to reduce travel expenses, reduce the number of non-conference games to save on fees they pay officials, and can not afford to hire me to do the computer work at sporting events, then we will have hit the bottom.
I also deal with non-school related sports such as road race running. Races I worked at during the fall of 2008 seemed to increase the number of runners, not decrease. People are spending money, but they are starting to do so more wisely. They are continuing to do those things that they want to do and like to do and cutting back in other areas. Perhaps they do not participate in as many road races, but more people are participating as a whole, or at least at the ones I am at. I am even adding new races in 2009 that are holding a race for the first time. This of course all means more money for me. Thus, I voted that 2009 will be no worse than 2008, and almost certainly much better. I guess it just depends upon the industry you are in within the Chicago area as to how well 2009 looks to be.
|
|
|
|
|
Fred,
That's a great analysis, this recession may hit some area, geographic, suburban vs. urban, industry a lot harder than others. My clients are local Chicago inner city retailers, wholesalers and manufactureres, seems they are being hit hard.
Sports is an interesting area, maybe participant sports, your market will be less affected.
Later
Richard Buchner
RichardBuchner@gmail.com
Hyde Park Systems Group
Chicago
|
|
|
|
|
I do think that sports will be hit by it eventually. And in some respects it probably already is. I would have to ask the ticket takers, but it is very possible that attendance is already down slightly. If 300 people typically attend a basketball game and it is now down to 275, looking at the stands one might see only a small difference, if any at all. On the other hand, the school may only be collecting $825 instead of $900 at each game for instance. Eventually this will have an affect on supplies that they can provide the team with, new balls, pads for football, bats for baseball, towel service, etc.
I haven't noticed much of a difference in the length of the lines at the concession stand either, but that doesn't mean that people aren't spending less. Instead of buying a hot dog, chips, candy bar and drink they may just be purchasing a hot dog and drink or perhaps popcorn and a drink. This means that the concession stand is purchasing less food from the store, which can then affect the retailers and wholesalers that you are referring to.
With less concession stand money, the athletes may have to purchase their own shoes for basketball for instance, instead of the sports boosters providing them. Instead of having 3 pairs for the season they get by with just 2 (one for practice and one for games). This of course affects the shoe manufactures and retailers. By purchasing their own shoes, the athlete and their family then have less money to spend on other clothing, which also affects the clothing industry.
Eventually, the school would need to divert money it spends on the games and events themselves to provide the necessities of the sport. Thus, cutting back on the number of games or events, or worse yet, cutting an entire sport. Due to the lack of funding, some schools have even resorted to cutting all sports for a year. Although that is a bit extreme, some districts have had to do that when referendums don't get passed and they need to divert money from sports to other areas of the school.
Eventually of course, that can all affect my income as they would just not have the funds to be able to hire me and either find alternative ways of doing the same thing, or do without. The survey is asking about 2009 though. Right now, 2009 is looking pretty awesome for me. 2010 or 2011 might be slightly different. So far I've been pretty resourceful at finding products and services that schools can use, so I'm hoping it doesn't get too bad for me.
Apparently you are seeing the other side of things and are getting hit harder now. I'm not sure which would be worse, getting hit harder now or in a year or 2 when hopefully things are beginning to improve as a whole. Perhaps I should just see this as a warning of things yet to come and save what I can now, to be prepared for the future.
|
|
|
|
General 
News 
Suggestion 
Question 
Bug 
Answer 
Joke 
Praise 
Rant 
Admin 
Submit an article or tip
