Sunday, August 21, 2011

A New Great Depression Blues?

The worldwide economy is in pure disorder... bailouts, countries going bankrupt, governments in shambles, and citizens feeling burnt out.

No one is safe... hell here in Kuwait things are not looking good either, with all the stock market indexes, delayed payments to contractors, slow development and project execution (read this article in Gulfnews for some economic stats and insights).

I feel that things are only going to get worse if somehow the world market doesn't improve... layoffs and closures only add to this detrimental state of things... I'm no economist... but as a co-owner of a contracting firm, I can tell you things are not all rosy.

Perhaps it's time to reevaluate priorities and push for hard work?

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