Posted by : Emog in (Finance and Stocks, Nigerian Economy, World Economy)

Staying Up in Down Times

Tagged Under : ,

up1
Without a doubt, the economic situation in the World and in
Nigeria which started last year will certainly continue. We can
not overlook the fact that there is an economic down turn. The
major economies of the world are fighting hard to make sure
that their economies are up and running. All the avenues where
people invested their money and put their hopes in have all gone
down.

In Nigeria for example, it was the stock market. A lot of people
put their money in the stock market. The clear direction for last
year in the market was the same as in most parts of the world,
down. Individuals and banks lost a lot of money anticipating that
things were going to remain the same. Those who put their trust
in the market saw their hopes dashed. Read the rest of this entry »

Posted by : Emog in (Reflection and Inspiration)

2008 in Retrospect

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happy-new-year
The year 2008 was a great year. A year filled with many ups
and downs. A lot of events made this year special, and I’ll like
to go through a few of them. We all started this year with a lot
of expectations, we had goals and objectives that we wrote
down. This is a good time to review these goals and see how
much we were able to achieve.

In 2008 we saw the economies of the world crumble into recession.
Great nations like the United States, the United Kingdom amongst
others all suffered a global financial crisis. Stock markets crashed
and investors counted their losses. Individuals lost their jobs and big
corporations filed for bankruptcy. Government of these nations
struggled to keep their economy afloat by bailing them out of their
financial crisis, most of this still on-going and will go into the new year. Read the rest of this entry »


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