So many countries around the world have been down complaining bitterly about the global meltdown. In Africa, they have been battling with financial crisis even before the emergence of the recession and the citizens of those nations have already adapted themselves to the economic meltdown.
When people begin to talk about the Global recession, I just smile and walk away because they don't really understand what is going on. They cite examples of countries and individuals who have crashed along the way because the recession has eaten deep into their economies. Well, Economies around the world have gradually began to adjust themselves and individuals who have lost huge investments sums and companies that have liquidated because of the recession have started putting themselves together.
Big companies around the world have sacked so many of their staffs to still remain in business while others have changed their customer services and advert strategies to be able to save some more income for the rainy day. An example of one of those companies was NIKE, who cut down their advert bills to half the normal amount spent.
The medium of exchange money is still circulating and been spent for the purchase of goods and services, paying for bills and taxes e.t.c but the only problem is the change of hands. Money has not gone anywhere, perhaps maybe HEAVEN but its only redistributed among the hands that make use of it. This is called the “Law of Nature” whereby nature helps evenly distribution of resources among nations of the world. The poor has started making waves and smiling to the banks while the rich…The recession has caused a switch between the upper class and the lower class of the society.
Really, I tell you; its not easy to face its reality but it's the plain truth. The issue of self employment now comes into play. So many people have started setting up one business or the other to sustain themselves with the fear of loosing their jobs any moment from now.
Start something now and don't just fold your hands and believe all would just be fine. Lets get ourselves equipped for the future; Self employment pays.
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