12-22-2009, 04:00 AM
Dear maqszaman
Very unfortunately, that lady was from USA and a designated accountant there. So, her location and qualification both caused much frustration among participants.
Secondly, you would observe that when this discussion was initiated, world economies specially of USA was in sharp declining trend, so the economist projected bleak future at that time. However, as a result of actions taken by biggest economies arround the world, I think we have crossed the trough of business cycle and just changing trend from -ve toward +ve or going to start recovery. In fact, last quarter of 2009 has shown +ve signs.
Lets hope for the best.
Regards
Very unfortunately, that lady was from USA and a designated accountant there. So, her location and qualification both caused much frustration among participants.
Secondly, you would observe that when this discussion was initiated, world economies specially of USA was in sharp declining trend, so the economist projected bleak future at that time. However, as a result of actions taken by biggest economies arround the world, I think we have crossed the trough of business cycle and just changing trend from -ve toward +ve or going to start recovery. In fact, last quarter of 2009 has shown +ve signs.
Lets hope for the best.
Regards