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andik_bellie
Occasional poster


Joined: 22 Apr 2002
Posts: 32

PostPosted: Fri Feb 13, 2009 1:56 am Reply with quoteBack to top

* Ali baba and the forty thieves is now Ali baba thirty thieves...10 were laid off!

* Batman and Robin is now Batman and Pedro. Batman fired Robin and hired Pedro because Pedro was willing to work twice the hours at the same rate!!
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shalinisugumaran
Occasional poster


Joined: 29 Aug 2008
Posts: 58

PostPosted: Sun Feb 15, 2009 3:11 am Reply with quoteBack to top

Ananth anna , Good one icon_smile.gif

" Recession "- Buzz word of the day.


Ever wondered what does recession actually mean?


Recession is the economy shrinking for two consecutive quarters (=6 months) with a decrease in the GDP (=Gross Domestic Product)

GDP = Value of all the reported goods and services produced by the people operating in the country.

GDP = MONEY VALUE OF {C + I + G + (X – M)}

C = Consumables, I = Gross Investments, G = Government Spending,
X = Exports, M = Imports

GDP is a good indicator of economy; Other indicators could be;
-Unemployment Rate
-Consumption Rate
-Actual Personal Income
-Etc..

If GDP is growing, then market is growing due to increased demand.

If the recession continues for next quarter, (>6 months) then we go through “ DEPRESSION ” Economy.


There is a joke that economists quote to explain the Difference between “Recession & Depression"


RECESSION

= WHEN YOUR NEIGHBOUR LOSES HIS JOB

DEPRESSION

= WHEN YOU LOSE YOUR JOB


What goes up; Has to come down icon_rolleyes.gif

HOPING THIS TIME RECESSION VANISHES SOON SO THAT INDIA GETS BACK TO ITS STRONGER GDP GROWTH RATE OF 8% TO 10% ( THOUGH THE EXPERTS SAY IT WILL LAST TILL Q3 OF 2009 )
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