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Showing posts from February 12, 2009

Recession, Depression, Expression, Impression

Some of you might wonder about the title, but I mean what I say & I say what I mean that too in the order of appearance. The title I mentioned due to the following article Great Recession . Now first of all I have never heard about Mr. Michael Psaros, apart from C K Prahlad, Peter Drucker etc from the Corporate High Seat Accomodators. Second of all, what does it mean by forecasting a disaster? I would like to ask few questions such as : Based on what we are predicting recession ? I mean what are the parameters ? Why was it not forewarned when the market was singing big songs of success & upward mobil? Who are these people caused recession ? Consumers, Business Men, Investors, Government, Neghboring countries success ? What ? Whenever such people give comments, they probably give based on their business graph. Now, listen to this side of the story. My ex-colleagues, who are very much part of the outsourcing industry - IT & ITES, said this last six