Wednesday, December 9, 2009

Recession Times

There is widespread talk everywhere that the economy is picking up. People are optimistic that the situation will improve in the coming time.
Still everyone is cautious about the situation, no one wants to buy a new car or make any new investments except saving for their holidays.
The companies although talk about improvements in the situation do not necessarily accept that when it comes to salaries and benefits of the workers.
Major industries are still reeling and waiting for a bailout, there are more mergers happening to increase the market hold.
Gold prices are steadily increasing everyday, seems like gold is going to be the trading commodity in the days to come for the governments of the world.

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