Thursday, December 25, 2008

Emotional Recession

In recent few months the world has witnessed that how global economy has become integrated .The impact could be seen in global meltdown across the globe.The world has seen ,how things change in free market economy also where only efficient players need to survive but government's are coming to bail them out in difficult situation. The fear factor of recession is disturbing every one on the globe.Now this disturbance is quite emotional.Any decision in the wake of recession will further lead to many emotional disturbances. The economists must also calculate that which decision could do least disturbance.Recently, few companies have displayed few decisions which were least disturbing like decision to slash down salaries instead of retrenching. Announcements to buyout sinking firms and recruiting more people than expected. In brief decisions are emotional when situation is very difficult.

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