Archive for July, 2010

Home Loans – Online Services And Resources To Help You

Interest rates on home loans are at the lowest they’ve been
in many years. Now is a great time to take advantage of
home loan financial services and resources available
online. With a little education online you can get some of
the best loans available on the Internet. It is well worth
the time and effort to research loans online to save
yourself thousands of dollars.

Online home loan services and resources can help you get
linked up to hundreds of home loan lenders. These services
and lenders can help find the best home loan for your
financial situation. The best home loan can change very
quickly, so it is a good idea to find a good licensed home
loan broker to help with your needs.

First time home buyers can get help with home loans from
FHA in purchasing a new home. You might pay a slightly
higher interest rate for the home loan, but you do not have
to come up with a large down payment with FHA loans.

Home loan services and resources online can help you decide
whether or not to have a long term or short term home loan.
You may want a 15 year loan instead of a 30 year loan if
you can afford higher loan payments. These services and
resources can also provide you with information and ideas
on many different options available to you for your
financial situation.

Take time to shop online for the best home loan brokers and
you can save yourself time and money. They have the skill
and experience to get you the best home loan rates
available. Home loan brokers have the knowledge required to
get you the best rate discounts and incentives for your
financial credit rating. With your FICO credit score, they
will know which lenders can get you the lowest and best
home loan rates in today’s home loan market. It is a good
idea to know what your credit is like before shopping for a
home loan.

Important Home Loan Definitions

Amortization Period – The number of years it will take to
pay back a home loan in full.

Conventional Mortgage – A mortgage home loan that does not
exceed 75% of the lesser of the appraised value. A mortgage
that exceeds this limit must be insured.

Equity – Home equity is the difference between the price
for which a property could be sold and the total debts owed
on the property.

Mortgagee – The lender.

Mortgagor – The borrower.

Refinance – To arrange a new mortgage for an increased
amount. The old mortgage is paid off from the new home loan.

Term – The duration of a mortgage agreement.

Many Internet resources, tools and information can save
yourself valuable time and money on finding a home loan. If
you’re looking to buy a new home and getting a home loan,
shopping online may be the best way to go. You will know
you have made a wise financial decision by educating
yourself on the home loan process and options available to
you. With a simple Google search you can have instant
access to hundreds of home loan lenders that are competing
for your business. In the end, this will help you get the
best deal by shopping online for a home loan.

Dean Shainin
http://www.articlesbase.com/finance-articles/home-loans–online-services-and-resources-to-help-you-3594.html

Depression 2008: Review of the Economy 2008-09 in India by Economic Advisory Council

INTRODUCTION

I remember that it was the mid of September 2008 when the clamorous news regarding the economic turbulence, emerging from US and encompassing the European countries, were capturing big space in the international media. Indian economists, government, leaders and even media were silent on the issue of apprehending the turmoil’s transition to Indian economy. They seemed not worried about the predicament prevailing abroad beyond Indian boundaries despite their being well aware of the economic contagium and the economic contagiousness among world economies especially in this globalization era. They were perhaps over confident on account of the rising inflation rate and the achieved appreciably high growth rate.

ECONOMIC OUTLOOK 2008

As per the Economic Outlook issued in July 2008, the Economic Advisory Council (EAC) of the Indian Prime Minister was of the view that the Indian economy would be able to grow by 7.7 % in 2008 – 09. At that time, the Council had opined that while a large part of the sub-prime losses had been accounted for, further setbacks were possible in the months to come and conditions were unlikely to stabilize before early 2009. The outcome in the first half of 2008 – 09 was broadly along the lines expected by the Council in July. Not only this, but Finance Minister P. Chidambaram was so confident up to the last week of Oct. 2008 that he did not even slightly hesitate to declare at Sivaganga (Tamilnadu) on Oct. 25 that India would not be hit by recession and it would sustain an 08 % (more than 7.7 % as estimated by the above said EAC in its economic outlook submitted in the month of July) growth rate this year despite the global financial crisis.

CONTRADICTORY STATEMENTS

It took though no longer span of time than mere one month when Mr. Chidambaram accepted the emergence of a temporary slowdown in Indian economy. On 24 November 2008, while briefing the media after the meeting with CEO’s, he said that India must be prepared for a temporary slowdown in its economy because of the global financial meltdown. But, he again commented contrarily on Dec. 16 saying, “India is nowhere near recession”. However he added that Indian economy had been impacted by the global meltdown. Here in this comment Mr. Chidambaram accepted the global meltdown impacting the economy on one hand while, simultaneously, regarded the economy recession devoid on the other. It is worth noted here that Mr. Chdambaram made this statement while being in chair as Finance Minister and the statement came after a number of events like three block-closers observed by Tata Motors, three days week being observed by Ashok Leyland, rapidly falling inflation rate, falling banking rates, dismissal of 2.5 % workforce in Wipro, loss of 65000 jobs in 121 surveyed export oriented units etc. (making the slowdown amply clear) had already come about in Indian economy well before Dec. 16. Moreover, the effect of economic depression, starting from America, Europe and other countries of the world, had become clear in Indian economy, too, up to the month of October. Before the beginning of October a decreasing trend started in the export business, the industrial production index and the revenue of indirect taxes, especially the production tax (excise duty). The GDP also decreased during the second quarter as compared to that in the first quarter of the financial year 2008-09. The total export of the country, in the month of October 2008, remained 12.1 % less than that in October 2007. Industrial production index also observed a 0.4 % decrease in that month. The production tax (excise duty) revenue in October 2008 became 8.7 % less than that in October 2007 and the growth rate of FDP in the second quarter (July to September 2008) was 7.6 % as against 7.9 % in the first quarter. Having felt the incoming of depression, the Government and RBI started taking preventive measures. RBI took steps for bringing the interest rates down and the government provided relief to industries by lowering the rates of production tax. However, the industrial sector felt all the so far taken measures (including the last bailout of Rs 3000 billion on December 09, 2008, too) insufficient and therefore was demanding one more package.

On the other hand, Hindustan, Hindi Daily, Dec.15, 2008, states that contrary to the above Mr. P. Chidambaram, as the finance minister of India, in the meeting of World Economic Forum, refused to accept the presence of depression in Indian economy. I can’t understand why Mr. Chidambaram makes contradicting versions and accepts not the things ingenuously. All the same, I appreciate that by doing so he presents himself as a true Indian politician. Leaving aside the (whatever) disingenuous comments of Mr. Chidambaram, there are but enough grounds for us not only to believe but to prove that Indian economy stands now encompassed well by depression, though because of the global meltdown.

REVIEW OF THE ECONOMY 2008 – 09

Finally the Economic Advisory Council of the Prime Minister of India submitted the second report on the ‘Review of Indian Economy 2008 – 09 on Jan. 23. Executive Summery of the report accepts the impact of global economic and financial crisis in Indian economy when it reads as ‘the direct impact of funding constraints on the investment plans of Indian corporates and hence on growth and job creation, together with the second order effects of this development, coupled with the compression in export markets and the second order effects on this count, are the two principal channels through which the impact of the global financial and economic crisis are being felt in India’. The summery further reads as ‘India and perhaps China, would have a difficult time in the first part of the year, but should be able to show a pickup in growth in the last quarter of 2009, if not earlier’. The Council, vide its said report, expects that in the financial year 2009 – 10, the Indian economy is likely to remain relatively weak in the first quarter (April–June) and slowly pick up thereafter and the economy would show fairly strong recovery in growth in the second half of the fiscal year (Oct 2009 to Mar 2010) assuming some improvement in international economic and financial conditions. Overall, the Council assesses that growth in 2009 – 10 would be between 7.0 and 7.5 % or some what above that, with the first half of the year averaging growth close to 7.0 % and the second half an average growth of close to 7.5 % or higher. The summery reveals that it has been apprehended in the report that the merchandise trade deficit is likely to touch historic highs despite the decline in oil prices. But the Council expects that it is likely to be offset to a large extent by higher net invisible earnings.

As regards to the inflation rate, the report states that WPI inflation peaked at close to 13 per cent in August 2008. Consumer price inflation continued to rise to 11 per cent in October and November due to price increase in primary foodstuff. The Council expects that the WPI inflation rate for manufactured goods is likely to fall to 4 per cent in February and fall further by the end of March 2009 and this falling trend may continue for a few months into the next fiscal year due to the base effect, given that a large part of the price surge happened between March and June of 2008. However, inflation in primary foods is stated to likely remain elevated at near about 8 %. The report also expects that inflation in energy prices will be negative, as will be that in some non-food primary articles like iron ore. Overall the headline WPI inflation rate is likely to go down to near about 4 % by the end of February or the beginning of March, with a potential for more declines after that. CPI inflation will also fall, but the extent of the fall is unlikely to match that for WPI, considering the expected higher rate of food inflation and its larger weight in the consumer price indices.

All the same, the Council is of the view that the present crisis has come upon the Indian economy at a point of time where several of its components are in relatively strong shape. It opines that Indian enterprises have learnt the hard lessons of the importance of managing business and financial risks, and are thus to that extent in a better position to ride out the storm of this crisis. Indian banks have also gone through a transformational process. Whatever deterioration in asset quality the present crisis brings in its awake, Indian banks today are better prepared to deal with it than at any time in their history. On Jan. 23, 2009, in Singapore, Mr. Om Prakash Bhatt, Chairman, SBI, while speaking on ’60 years of Indian Republic and future challenges’, also presented the same opinion by saying that Indian banks are safe in the present time of world depression despite here the banks of the world’s big economies are collapsing. He further added that the Indian banks are in a strong position on account of their managerial skill of world level which they had well achieved when doors for foreign banks were opened in Indian economy.

Going through the executive summery of the report, one can conclude that the Council though accepts that the economic crisis (named as Depression 2008) has encompassed Indian economy but it believes the situation to be temporary. Therefore the Council confidently speaks of the Indian economy likely and rather believably to show fairly strong recovery in growth in the second half (Oct 2009 to Mar 2010) of the present fiscal year. The confidence of the Council is based on its belief regarding some improvement in international economic and financial conditions. I don’t agree with the optimistic stand of the Council. Nor I am aware of whether the reason of the Council’s being so optimistic is a political strategy or an economic analysis. Moreover, contrary to the conclusion and the opinion of the Council mentioned in the said summery, some big organizations like World Bank, IMF and National Association of Business Economists (of America), have revealed in their separately carried on surveys that the prices of necessary commodities would go down by up to 23 % in 2009. First time in the last two and a half decades the world may face a decrease in the world growth rate and the trade pool. On the basis of a survey of 185 countries, the World Bank has estimated, in its report titled as World Economic Situation and Prospects that in the first half of 2009 unemployment would be the biggest problem before the world. In addition to this, ILO report entitled The Global Wage Report 2008-09 holds that difficult times lie ahead for the world’s 1.5 billion wage earners. The report further states, “Slow or negative economic growth, combined with highly volatile food and energy prices, will erode the real wages of many workers, particularly the low-wage and poorer households. The middle classes will also be seriously affected”. The report warns that tensions are likely to intensify over wages. Based on the latest IMF growth figures, the ILO forecasts that the global growth in real wages will at best reach 1.1 per cent in 2009, compared to 1.7 per cent in 2008, but wages are expected to decline in a large number of countries, including major economies.

CONCLUSION

Indian economy can’t remain untouched by any economic turmoil in the rest of the world. The present economic slowdown in Indian economy also is an aftermath of the recession prevailing in almost all big economies of the world. Therefore, the conclusions made and inferences drawn by some big organizations like World Bank, IMF, National Association of Business Economists (of America) and ILO on the basis of extended survey and analysis of the world economies are not only applicable to Indian economy but they are believable, too, at least more than those drawn by national agencies like ‘Economic Advisory Council of the Prime Minister of India’ from their own national level surveys. The above said big organizations have not given any indication towards their being expectant regarding start of economic upswing from the third quarter (Sept. to Dec.) of 2009 and onward. Hence the world economic scenario may rather worsen throughout the present fiscal year.

_______________________________________________

V P Singh
http://www.articlesbase.com/economics-articles/depression-2008-review-of-the-economy-200809-in-india-by-economic-advisory-council-741141.html

Industry Survey Reveals Truth of How Today’s Financial Storm is Affecting Usa’s Financial Planners

Over the past three years, my firm has done considerable research on the opinions held, and the strategies employed, by financial advisors. Our research covers a full range of RIAs and CFP® professionals. Most recently, to understand the effects of this watershed recession on financial advisors, I had my staff conduct a comprehensive survey during and following the NAPFA Practice Management and Technology Management Conference in Las Vegas in late October, 2008.

Survey Backdrop

Just as I was preparing to walk onstage at the St. Regis in Aspen, CO on Sept. 15, 2008 to present the practice management keynote address for CapWest Securities’ annual Sales and Compliance Conference, the attendees were rocked by giants falling. Every newspaper provided to the attendees by the luxurious resort boldly announced that Lehman, Merrill Lynch, and AIG, three of the biggest names in the financial world, were crashing.

While I had been expecting such events for over a year, the stunned looks on the faces and the befuddled comments whispered among the crowd were reminiscent of the Day of Infamy, December 7, 1941, when the Japanese bombed Pearl Harbor. Disaster had befallen us, and the offices of America’s financial planners were right on battleship row at the center of the action.

It matters little whether this is the result of markets innocently gone wrong, massive political, corporate and bureaucratic bungling, or a nefarious conspiracy by financial titans to centralize the entire world’s banking power in their hands. Financial bombshells are continuing to fall, doing injury to our clients, our peers, and even to some of us personally.

Against this backdrop, I wanted to discover what effect our current crisis is having on financial advisors. What are they doing in the face of battle? How does this compare to the classic strategies they should be employing? Have the current tumultuous market conditions confirmed the validity of classic strategies, or have they turned conventional wisdom on its head?

Importantly, how many planners are using today’s highly visible investor dissatisfaction as their marketing opportunity of the decade? How are their clients reacting to current market gyrations? What would have happened if more investors had searched out skilled financial advisors? This was a completely anonymous survey done so that there would be no way to trace any answers to any particular industry professional to make sure that the answers were as candid as possible.

Summary survey results are provided and analyzed below.

Q1. What effects have the recent tumultuous market conditions had on you?
Analysis: A full 71 percent of the advisors surveyed say they are working twice as hard as they used to do because of the current market scene, and of those, at least half are feeling strained by it. These advisors are reaching out to their clientele because they want to stabilize them and to keep them from doing anything rash. Some of those surveyed were personally very affected by the emotional turmoil expressed by their clients and the pressures accompanying investment losses. A much smaller percentage had their attention on their own reduced revenue. A minority claimed that the situation had no effect.

Q2. How have your clients reacted to recent market gyrations?
Analysis: Advisors reported nearly a 50/50 split of clients panicking vs. those who aren’t. It is questionable if this is due to differences in how different advisors are handling their clients, but it appears that many advisors have bolstered their image with clients as a result of how they have handled the crisis. In almost every case, it is clear that advisors realize that it is important to be visible and to show they are there to help. Most advisors said they carried out a rigorous client-services campaign as the market was falling, but many advisors admitted that they were less than skilled in dealing with it.

Q3. How have these adverse market conditions affected your firm?
Analysis: The strain of the chaos is showing up as inefficiencies in the day-to-day activities of some firms. Generally, advisors saw this as a time to put the brakes on expansion. A small number of advisors gravitated toward increased marketing to dig themselves out and continue to expand their firms.

Q4. What decisions have you made about your financial planning practice as a result of recent events?
Analysis: Of all the questions, this got the most varied answers, with different financial planners focusing on very different areas, or no area at all. As evidence of their overall conservative tone, more than half see no cause for decisions of any kind and are not noticeably shaken—but they are watchful and cautious. Smaller numbers (fairly evenly divided) have reaffirmed their purpose, resolved to increase service and efficiency, are embarking on marketing plans, or are pulling back to ride out the rough times ahead. There is no consensus on the best way to proceed.

Q5. Do you see any opportunities for yourself from the current problems in the markets and their effects on financial planners?
a. If so, what?
b. If not, why not?
Analysis: To a high degree, NAPFA members reported that they feel like this is their time, and they need to get the word out that they are the “go to” guys and gals. However, their actions were passive—except for a couple of firms that are looking at what has occurred as a really big opportunity. For some advisors, additional business is simply showing up, apparently without much effort on anyone’s part. It looks like some firms would like to be more aggressive, but they are too conservative to venture out. A small percentage of respondents saw no opportunities.

Q6. What do you feel could be done to improve your income now?
Analysis: More than half of those surveyed agree that marketing actions are needed to bolster their income, even those firms that feel they are too encumbered to take steps in that direction. Some have the viewpoint that nothing could or should be done, and it is just a matter of time until things sort out. A smaller number feel their best option is to bolster profits by improving internal operations or expanding services to existing clientele.

Q7. If more investors had consulted CFP® professionals, would it have affected what happened in the markets?
a. If so, how?
b. If not, why not?
Analysis: About a third of the advisors interviewed felt that getting more people into the hands of professionals with proper training (for the sake of our question, we used the phrase CFP® professionals as the example) would have had an effect on what happened in the markets. Two-thirds did not. Of the two-thirds who did not, more than half named poor regulation or institutional investors as the responsible parties. A smaller percentage of advisors felt it was just the way the market is. A very small group said that the key is having the right people working with individual investors.

Summary Analysis.

The majority of respondents to the survey view themselves as proactive. But, from an exterior perspective, they are just reacting to what happens in the market and with their clients, rather than exerting control where they could. The advisors who are the most in control of their practices—both in operations and especially in communications and marketing—are doing the best. More and more advisors see the need right now to strengthen their practices in order to stay competitive.

Unfortunately for the majority of firms, their marketing is woefully inadequate to take advantage of the opportunities presented by our current crisis. These firms have the technical foundation, but they are not taking the actions needed to move themselves onto center stage. This does not match the passion they obviously feel about their profession, nor does it create the additional demand from investors that these firms are seeking.

In a period of stress, clients are increasingly likely to change investment advisors. About 50 percent of the time, clients leave because they are upset with the planner’s handling of them, and about 50 percent of the time they leave due to what they consider is unacceptable investment performance. While very few markets have been kind to investors, we hope it is helpful to know what your peers are experiencing. It is likely to also be helpful to get some expert advice on how to weather the storm.

Practice management and marketing strategies are “sciences” -specific actions will produce specific results. When approached this way Marketing, Productivity and Time Management, Long-term Strategies with Real Time Planning and Efficient Utilization of Personnel—all can be directed to the benefit of advisors who are willing to take advantage of the current economy and move their firms toward more “Face Time,” more qualified prospects and growth despite everything.

Copyright© 2009 Creative Business Strategies, Inc. All Rights Reserved.

David Sanders
http://www.articlesbase.com/economics-articles/industry-survey-reveals-truth-of-how-todays-financial-storm-is-affecting-usas-financial-planners-726605.html

Ways to Support our Troops, Soldiers & Their Army Wives in the Iraq & Afghanistan War

Robert Walsh Kids Clothing wants to announce the creation of their newest page on their website, entitled “Support Our Troops, Soldiers & Army Wives In Iraq & Afghanistan War”. Since September the collapse of Wall Street and the Housing Foreclosures countrywide has dominated the NEWS.  Americans from coast to coast are focusing on their economic concerns of keeping their jobs, saving their homes from foreclosure, and protecting their saving and investments from being a complete loss.

Due to this refocusing we seemed to have forgotten our troops in Iraq, and the Afghanistan war against terrorism.  With all the doom and gloom at home we want to remind our fellow citizens that there are thousands of American soldiers in Iraq.  Afghanistan and the war in Afghanistan is the front line in our war against terrorism.  Our service men and women still need our support.  And with the Holiday Season upon us it is more important than ever that we give them a touch of home on the battle fronts abroad as we have done in all of our previous wars over the last fifty plus years.

This page, http://www.robertwalshkidsclothing.com/23.html, suggests ways to support our troops and their army wives here at home.  With every donation Americans can share the “Holiday Spirit” by sending an e-mail Christmas to one of over 200,000 troops stationed overseas away from their families in order to safeguard our freedoms here at home.  A simple donation may provide soldiers a call home to their army wives and children with a prepaid phone card.  This certainly is a top holiday gift, because it brings SO MUCH JOY to everyone, including the giver and the recipients and their families.

These precious simple gifts that are PRICELESS are made available through the generosity of ordinary Americans who want to recognize American soldiers worldwide who once again sacrifice their lives and the lives of their army families during this Holiday Season. 

Through your kindness and generosity we can give back to our troops a gift that is PRICELESS.  A holiday card that tells a member of our Armed Forces we haven’t forgotten, and we are grateful for your service CAN MEAN SO MUCH to that soldier stationed high in the cold and remote mountains of Afghanistan. To write soldiers or have an e-mail card sent in your name is a real morale booster for that G.I. Joe.

Or to adopt a soldier with a donation for that prepaid phone card not only supports the soldiers in Iraq, but also their army wives here stateside who receive that surprise precious long distance phone call that unites the army family for the HOLIDAY….how precious is that!!! 

We want to encourage Americans, despite their own economic hardships, to realize that even a small donation of $20.00 is less than one penny for the every service men and women abroad.  It would take approximately $2,000.00 to raise it to a penny per soldier stationed overseas.

So please join our effort to remember our troops this Holiday Season with an affordable donation that will bring PRICELESS HOLIDAY JOY to a soldier and his/her family.  You can’t buy much with a penny these days.  But by helping to raise a penny per soldier abroad with YOUR DONATION and Donations like yours is the BEST GIFT YOU CAN GIVE to our soldiers this HOLIDAY SEASON!  Please help Support our Troops.

HAPPY HOLIDAYS TO ALL OUR SERVICE MEN AND WOMEN & THEIR FAMILIES THIS HOLIDAY SEASON!!!

Robert Walsh
http://www.articlesbase.com/press-releases-articles/ways-to-support-our-troops-soldiers-their-army-wives-in-the-iraq-afghanistan-war-683245.html

Volunteer for Nepal and Human Resources Development Association in Kathmandu, Nepal

Nepal Natural and Human Resources Development Association (NAHUDA) is a national, non-profit, non governmental organization” established in 1992 with a mission to develop human resources to provide services in reproductive health, services to women. Its main objective is to provide no-frills services in the filed of women’s health issues. They are concentrating on preventing cervical and breast cancer by means of cervical smear screening and propagating techniques to educate and promote self-breast screening. They provide health services to the female population in general, especially women who are members of low socio-economic rural communities. NAHUDA needs help from nurses or doctors to help with their screening and camps. They also require help with administration and data collection/research.

Volunteers will take part in a number of tasks including:

1. Reviewing of present reporting (clinical + field activities) system to make more effective. 2. Participating in NAHUDA’s office management and clinical activities 3. Aiding in locating more resources for NAHUDA 4. Participating in extension work (field orientation) and field camp 5. Helping NAHUDA with women’s health research to help promote prevention and screening for women in Nepal. 6. Collecting resources and running a village field camp

Volunteers with the following specific skills are preferred for this placement:

Doctor
Nurse
Medical Student
Pre-Med Student
HIV/AIDS Awareness Training
Medical Administration
Public Health
Report Writing / Data Collection
General Administration
Data Collection
Statistics
Sexual & Reproductive Health Training

Basecamp International welcomes all the volunteers who wants to volunteer and make a difference. If you are interested in this placement then please contact us for the details: Email: info@basecampcenters.com Website: www.basecampcenters.com Mailing Address 298 Bagot Street, Kingston, Ontario, Canada, K7K 3B4. Phone: 613.541.7862 Toll Free : 866.646.4693 Fax: 613.541.1604

Basecamp International Centers
http://www.articlesbase.com/travel-articles/volunteer-for-nepal-and-human-resources-development-association-in-kathmandu-nepal-743713.html

Pego Thoughts on Recession

Hey friends:

There seems to be a global slow-down in economic terms

Here are a few Pego thoughts on this:

You can only go up from a low

Recession is like a recess a break things shall perk up soon

Negative is only an indication of a yet-to-be achieved positive

Consolidation is the key word now a chance for all of us to re-organize ourselves

A classic ‘cliche’ but very true: THIS TOO SHALL PASS

(Not belittling any particular hardship you may be undergoing but with a wish that you emerge out of this crisis in a much stronger manner!)

Good luck

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

Hey friends:

There seems to be a global slow-down in economic terms

Here are a few Pego thoughts on this:

You can only go up from a low

Recession is like a recess a break things shall perk up soon

Negative is only an indication of a yet-to-be achieved positive

Consolidation is the key word now a chance for all of us to re-organize ourselves

A classic ‘cliche’ but very true: THIS TOO SHALL PASS

(Not belittling any particular hardship you may be undergoing but with a wish that you emerge out of this crisis in a much stronger manner!)

Good luck

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

Hey friends:

There seems to be a global slow-down in economic terms

Here are a few Pego thoughts on this:

You can only go up from a low

Recession is like a recess a break things shall perk up soon

Negative is only an indication of a yet-to-be achieved positive

Consolidation is the key word now a chance for all of us to re-organize ourselves

A classic ‘cliche’ but very true: THIS TOO SHALL PASS

(Not belittling any particular hardship you may be undergoing but with a wish that you emerge out of this crisis in a much stronger manner!)

Good luck

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

Hey friends:

There seems to be a global slow-down in economic terms

Here are a few Pego thoughts on this:

You can only go up from a low

Recession is like a recess a break things shall perk up soon

Negative is only an indication of a yet-to-be achieved positive

Consolidation is the key word now a chance for all of us to re-organize ourselves

A classic ‘cliche’ but very true: THIS TOO SHALL PASS

(Not belittling any particular hardship you may be undergoing but with a wish that you emerge out of this crisis in a much stronger manner!)

Good luck

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

Hey friends:

There seems to be a global slow-down in economic terms

Here are a few Pego thoughts on this:

You can only go up from a low

Recession is like a recess a break things shall perk up soon

Negative is only an indication of a yet-to-be achieved positive

Consolidation is the key word now a chance for all of us to re-organize ourselves

A classic ‘cliche’ but very true: THIS TOO SHALL PASS

(Not belittling any particular hardship you may be undergoing but with a wish that you emerge out of this crisis in a much stronger manner!)

Good luck

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

Hey friends:

There seems to be a global slow-down in economic terms

Here are a few Pego thoughts on this:

You can only go up from a low

Recession is like a recess a break things shall perk up soon

Negative is only an indication of a yet-to-be achieved positive

Consolidation is the key word now a chance for all of us to re-organize ourselves

A classic ‘cliche’ but very true: THIS TOO SHALL PASS

(Not belittling any particular hardship you may be undergoing but with a wish that you emerge out of this crisis in a much stronger manner!)

Good luck

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

Hey friends:

There seems to be a global slow-down in economic terms

Here are a few Pego thoughts on this:

You can only go up from a low

Recession is like a recess a break things shall perk up soon

Negative is only an indication of a yet-to-be achieved positive

Consolidation is the key word now a chance for all of us to re-organize ourselves

A classic ‘cliche’ but very true: THIS TOO SHALL PASS

(Not belittling any particular hardship you may be undergoing but with a wish that you emerge out of this crisis in a much stronger manner!)

Good luck

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

Hey friends:

There seems to be a global slow-down in economic terms

Here are a few Pego thoughts on this:

You can only go up from a low

Recession is like a recess a break things shall perk up soon

Negative is only an indication of a yet-to-be achieved positive

Consolidation is the key word now a chance for all of us to re-organize ourselves

A classic ‘cliche’ but very true: THIS TOO SHALL PASS

(Not belittling any particular hardship you may be undergoing but with a wish that you emerge out of this crisis in a much stronger manner!)

Good luck

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

Hey friends:

There seems to be a global slow-down in economic terms

Here are a few Pego thoughts on this:

You can only go up from a low

Recession is like a recess a break things shall perk up soon

Negative is only an indication of a yet-to-be achieved positive

Consolidation is the key word now a chance for all of us to re-organize ourselves

A classic ‘cliche’ but very true: THIS TOO SHALL PASS

(Not belittling any particular hardship you may be undergoing but with a wish that you emerge out of this crisis in a much stronger manner!)

Good luck

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

Hey friends:

There seems to be a global slow-down in economic terms

Here are a few Pego thoughts on this:

You can only go up from a low

Recession is like a recess a break things shall perk up soon

Negative is only an indication of a yet-to-be achieved positive

Consolidation is the key word now a chance for all of us to re-organize ourselves

A classic ‘cliche’ but very true: THIS TOO SHALL PASS

(Not belittling any particular hardship you may be undergoing but with a wish that you emerge out of this crisis in a much stronger manner!)

Good luck

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

Hey friends:

There seems to be a global slow-down in economic terms

Here are a few Pego thoughts on this:

You can only go up from a low

Recession is like a recess a break things shall perk up soon

Negative is only an indication of a yet-to-be achieved positive

Consolidation is the key word now a chance for all of us to re-organize ourselves

A classic ‘cliche’ but very true: THIS TOO SHALL PASS

(Not belittling any particular hardship you may be undergoing but with a wish that you emerge out of this crisis in a much stronger manner!)

Good luck

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

http://www.pegomag.com

Crestech
http://www.articlesbase.com/art-articles/pego-thoughts-on-recession-675361.html