The Benefits of the Global Recession

As we all know, the current global recession has set unemployment rate at an almost all-time high, and has dramatically decrease the pay checks on a lot of citizen worldwide.

Still, the situation is not as bad as it seems, as there is always something positive in any bad situation - remember the yin and yang symbol?

- For one, a lot of uncompetitive businesses close their doors during such times, making room for new, young and motivated entrepreneurs to begin their own startups.

• This also goes for the unproductive employees – sure a lot of people have lost their jobs, but these job positions will still need to be filled sometime in the future – And guess how many of new job applicants will be ready to give twice the effort and productivity just to be able to get a job again?

- Secondly, prices are going down – The formerly high prices of oil and commodity items are nowhere to be seen, making them far “easier” to purchase than before.

• Note that this also lowers the national trade deficits as a lot of western countries are fully dependant on the import of energy & other items.

Finally, a lot of leading companies still invest and expand their business even in times of recession.
Why? Because they know that the best time to invest is NOW, and they are going to do the best they can to fill in every new market opening there is.
Need examples of this? Here are some:

• Intel launched its new multi-billion worth Corei7 micro architecture in Q4 2008 / Q1 2009 and also made a new deal with Nokia for developing and manufacturing of Smartphone/Netbook hardware.
• Apple launched its new “iPhone 3G S” Smartphone, along with new versions of their best selling MacBook notebooks.
• Microsoft is going to release a new edition of their Windows Operating System in October ’09 – Windows 7.
• And more…

So, if you sometimes catch yourself thinking whether to save or invest your money, then I hope this article is going to help you make the right choice.
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