World Economy Hit Bottom, Bounces Back
Research said global economy will not get any worst as the world has already lose trillion in trading stocks and millions being displaced. With this, experts believe that people should now expect the economy bouncing back and experiencing slow growth after deep and prolonged recession.
A recent study told that the world economy is well on its way to recovery following a recorded “standstill” in the stock markets all over the world in the past few months.
Amidst the worst global crisis since the 1930s, research studies showed that the economy is, in fact, making a comeback after hitting bottom in the middle of last quarter of 2008 and the first quarter of 2009. Research told that it could not get any worst as the world has already lose trillion in trading stocks and millions being displaced.
The research also claimed that the world economy “will bounce back strongly” against all odds. Analysts claimed that companies, which were burned down during the slump, have been ahead of the economy by anticipating market movements in the next 12 to 20 months.
Instead of holding and nursing financial loses and healing economic downfall, analyst told that company will now be looking for solutions to fast-track its comeback.
It will be recalled that the crisis has exploded in the third quarter of 2007 after the US housing markets collapsed. Experts believe that the answer also lies where the problem started.
Analysts said that markets should feed on demand that would generate a multiplier effect leading to employment and better banking recovery.
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