Monday 15 December, 2008
Why USA is in recession
My brother and sister-in-law went to Wal Mart to pick up some gifts for her office, and couldn't find a shopping cart. He was bewildered that there were no carts when the American economy was in recession. She replied saying that it was in recession beause all the carts at Wal Mart were taken, that too during recession. That's telling.
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Funny, the top CEO's of the 3 american automobile giants fly by their pvt. jets to ask for bail out help!
A company i know out here had a one day conference to discuss the loss that is going to come their way because of recession at a 5 star beach resort!
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