Sunday, February 28, 2010

Should I Have A Bath Before I Wax Chest

Which scenario for our economy?

Stefano Blacks
The international financial and economic crisis, at this moment, is one of the major problems of the population.
Even in our area there are companies that have placed the workers in layoffs.
In some cases both spouses are in this situation, with heavy repercussions on their sources of income. The question on everyone's mind: when will the recovery?
The production indices tell us that, in major European countries, in the third quarter of 2009 there was a reversal of the cycle and the Gross Domestic Product is growing again (albeit in a very modest). For Italy, the scenario should be to moderate growth in consumption. Rather than by domestic demand, increased production, however, will be driven by the growth in international demand, especially from Asia. Companies will then turn their attention on these markets, not in terms of relocation of production as possible future markets.
The areas that currently seem to attract major investments are those of the environment (solar) and technologies.
In our local situation, a large proportion of female employment is concentrated in the clothing sector where, unfortunately, the chances of ending the crisis in the short term are very slim. You probably will see a change in lifestyle dictated by economic reasons (children who stay home with their parents, instead of attending the nursery or the elderly who remain at home rather than being admitted to home rest). According to some analysts, the time required to return to the same level as before the crisis, it will take another 5 or 6 years.
The good news is that slowly but surely, the recovery will be.

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