posted on Sep, 6 2011 @ 06:06 AM
Originally posted by galdur
reply to post by thoughtsfull
I read somewhere that about 25% of economists surveyed see a recession ahead. Therefore I can conclude with confidence that we´ve already been in
recession for at least 2-3 months and that it´s going to deepen.
The problem is the fudged figures that are coming out from all sides to obscure the obvious.
In some ways it is going to be an interesting winter that I hope won't be too harsh, but I fear it will be.
As a project manager (my scope is EMEA but sometimes extends to include the Western Hemisphere) my specialism has been fixing broken corporates and
while the economy might scream otherwise no one it seems is trying to fix their leaky buckets.
Nor does anyone seem interested in reorganising their business models to be effective, cost savings seem to be viewed only in terms of work force
reduction, while no attention is being paid to achieving efficiencies, being effective in the market or adding resilience to any area of weakness.
All of which leaves me wondering how on earth they will weather what is to come! and what the real fallout will be this time around..
6/9/11 by thoughtsfull because: (no reason given)