with the world in recession or economic down turn, the last thing we need is , the world economy to get even worse. That is we don’t want the recession to get even worse. But of late the , at least a month or so, it seems that the world economy is on the recovery, at least the there is no worsening situation of late. That’s what the American president elect Obama , says that he is seeing some recovery in the economy of late. All this is happening thanks to the various bail out plans that countries around the world brought in . But it wold be stupid to say we are out of recession, but would be better to say that we are on the right path of recovery. It is expected that the world economy would be back on track by this year end or the first quarter of the next year. People all round the world are waiting for that to happen. let’s hope it happens sooner than later.
\\ tags: economic growth, world economy
Recent Comments