Not likely to face any problems today, tomorrow or next week.

Drop 30% so far. It is geting better from this month.

our sales order drop about 30%.

good morning

Good One!!!

My point of view on this crisis is that only those business are worstly hurt and suffering which are involved in the banking having interest and we can see the example at Malaysia which has interest free banking. She is least influenced by the crisis. But also I agree that there are many factors beyond our thinking.
Likewise the price of oil having no short supply but due to hoarding the crisis begin to generate and now I think its the same perception here also. I think some big players are involved in that and its all again a lobby and propaganda...

Regards,
Tuaha Akhtar

you are right on with this article.  great insight for me. .  now I can better manage

products during this financial crisis.

Firo wrote:

No one will be spared in this financial crisis, sooner or later everyone will get hit by it, since the base of the financial system has been erupted.

 

 

 

The Financial system was long overdue to collapse and it had to happen since now the world is interconnected, if one country gets hit the other will to and there for causing a chain reaction. The problem many don't understand is that everyone is effected, let’s say a small business stops to run because the cost of living is getting high due to some increase in oil prices, which again is the fault of the politicians by increasing the standard of living to in such a way without ever having an alternative plan, and in order to keep that standard taxes have to be raised, under the pretext of keeping the clean air.

 

 

 

At the same time as the oil increases, the cost of transportation increases, and the products that have been already dealt in low margins have increase in price to cover the cost, which directly hurts the small retailer, intern the customer, stopping the sales, forcing the business to keep the low margins to such a point that they can't pay for their costs anymore, driving the business into closure, therefore also firing the workers it had, and now this workers were also customers, so they stop buying, stuff, and therefore slowly forcing also other business to run out.

 

 

 

Now please note this is only one side of the whole pictures.

 

 

 

The other side is from the banks, initially giving out credits to the business as easy as possible, to increase their capacity, with only one purpose in mind, to make as much profits as possible, while still sitting on their chairs, and slowly increasing the interest rate to such an degree that the businesses and private person where only working for the banks, in the end taking their property for half the rates and even less, and yet still those poor people have to pay back the balance, but what the bank didn't in cooperate was what if they stopped paying, since eventually that was going to happen, and that when they hit the wall, and also causing more people to lose their jobs, and causing more distress.

And this once again is also just a small issue of the whole.

continued

 

agree with you

Working in the R&D field has become overwhelmingly busy during these times. We are being hit everyday for new ideas and new items along with new technology. Once things get better for the rest of the world, we can rest. Seems like the USA,Sweden,England,Australia,Japan and India will be showing everyone some new things in the near future.