Saturday, June 20, 2009

Accept the truth

Today every sector is facing problem due to slowdown in the economy. But sometimes I wonder why everybody is crying so much as if they would have never expected this kind of situation. At the time of boom in the economy, every business has enjoyed so much that they even forgot that this is a phenomena which is mostly cyclical. Economy corrects itself definitely after few years. Now, during the downturn, the obvious has happened which is profits and growth has come down. So if you had enjoyed high growth at upturn than be ready to face the downturn.

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