Tuesday, August 9, 2011

yes .....recession is here to stay


Undoubtedly the present economic downturns will fade away sooner or later.
If recession nests in the world economy there will be collateral damages in the social fronts worldwide.
What we are seeing in the UK, Greece and to a lesser degree in Spain, will be seen more often.
The social networks should not be blamed for the social turmoil but the increasing number of depleted families throughout the world after  the so called sub prime crisis.
In 2007/2008 the world started a change that is slowly unfolding
Becoming poor is probably worst than being poor.

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