Recession AND its complexities
Top of the morning to you all. It's been a while😂😂. How are you doing? I am sorry for the break in transmission it was due to few hitches .. It's so good to be back♥ I missed you all.
How has it been with you coping with the economic recession and moving up despite the prevailing times ? On a scale of 1-10 do an honest rating and record your answers..
So today we will examine a vital topic that concerns us all....... which is RECESSION
What is a 'Recession'
According to investopedia, a recession is a significant decline in activity across the economy, lasting longer than a few months. It is visible in industrial production, employment, real income and wholesale-retail trade.
The global recession of 2007-2009 brought a great amount of attention to the risky investment and strategies used by large financial institutions, along with the global nature of the financial system. As a result of the wide-spread global recession, the economies of virtually all the world's developed and developing nations suffered significant setbacks. Numerous government policies were implemented to help prevent a similar future financial crisis as a result. Typically, a recession lasts from six to 18 months, and interest rates usually fall during these months to stimulate the economy.
Too much grammar abi?😂😂😂. The truth is hard times are not alien to us and it did not begin today. We live in a society that is plagued with hunger,inflation, lack and want, and hardship... Most people find it difficult to survive, others have nose dived into things just to make ends meet. The rich gets richer and the poor gets poorer. This is not a time to commit suicide oh...there is always a way out of every situation and it comes by engaging in creative reasoning. It is worth noting that though man is born without fangs,claws and horns, his brain is his major asset. E.W. Kenyon exhorts...Make your brain work,it will sweat but make it work...
Instead of waiting for the government of your country to employ you why not sit down and think? Not the 'thinking that causes hypertension but engaging your mind productively to produce results better than the status quo. The answer lies within you and is not far from your reach. You must keep moving till you hit the rig that has the oil.
You may be working in a multinational and earning a six digits income but it's not out of place to think and plan ahead...I have seen top managers who are laid off from work and have no savings to start with let alone something to fall back on.
So my task to you today is this.....What can you do? Remember you are not your career, your career is a means to an end... If you are laid off today, do you have anything to hold on to? I am not saying you will be sacked oh before you say this babe sef😂😂😂.
Think deeply about this....
#iValueyou
#thinkproductively
Have a great day ahead..
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