globe economic crisis

3456
By 3456

Dear all,

For last one I heard there are some globe economic crisis affected some country. Please share your openion. How India will affect what type of broblems we(NRI) will face.What about the banks and our investments and our hardworks.

Thanking you

By qatar123• 11 Oct 2008 22:35
Rating: 5/5
qatar123

it is going to be a difficult time for everyone in the world, because the current financial crisis is going to affect everyone in the world, not just mallus....we have always been hearing that life is full of ups and downs...i think it is time to experience it, once again....but we will be optimistic....after all that's why we SAVE our money for.....to use it in tough times like this....we will survive this for sure....good luck to all....

By anonymous• 7 Oct 2008 17:47
Rating: 5/5
anonymous

Global Economic Crisis...

I believe the Call Center Industry will not be majorly affected job wise. But the profits will be affected as the Dollar falls.

But I am expecting the Real Estate Market in Kerala to CRASH ....and that will affect a lot of people ....just as the Scam company Total4U affected a lot of people.

The people who had taken loans to invest in the real estate hoping to "Double" their money in a couple of years will be left without a roof on their head.

If the Crisis hits the Gulf as hard as I expect it to hit over a year.....there would be a lot of job loss in the construction Industry.....and thus it would affect a lot of Indians, especially mallus.

In Kerala due to the recent crazy speculation in the Real Estate market this will be a double whammy.

It could be a crisis the likes of which Kerala has never seen before......but glimpsed at during the Gulf War when literally all mallus in Iraq & Kuwait were "exported" back to Kerala.

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