We are already in a bad enough shape in terms of the economic situation. Let's pray that the current flu virus does not spread and worsen the already bad situation.
Airline Travel, Tourism, Trade, General Commerce etc are already slowing down due to the financial crises that we are in, if the flu crises worsens, we are in for an even tougher time, with more job lay-offs and problems.
Pray that this does not happen. We all need the economy to be vibrant in order to enjoy the present good standard of living that we so fortunately have at this point in time.
3 comments:
Absolutely! This H1n1 nonsense is certainly not helping the situation. Just when I thought that markets were showing signs of slow rebound, then this has to happen. The Stress Test results next week will also add to the pandemonium. BOA and Citi are not going to make it...but thats IMHO of course...
I am a RM in a bank as well. At the moment, most of my customers are already not willing to invest more or take up credit because of the bad economic situation we are in. If this H1N1 becomes a crises and affects Asia, I would not like to imagine how many people will start to lose jobs. Business activities will slow down and everything will just slow down, less activity means less money moving around means less people needed on the job means less money for people means less money spent on goods/services. Spiral effect. Pray it does not happen.
alamak u ppl are so negative. See now bank shares are recovering and evrything else is looking up..cheer up buddy!
Post a Comment