Thursday, October 09, 2008
12:04 PM...............................................................................
GLOBAL ECONOMIC RECESSION?!
Prof says stay in school for honors cause 2009 is a bad year to graduate.
(Erm. Reen. If you have second thoughts about graduating. Let me know)
Considering many investors are calling this economic downturn the "next great depression", I think my batch of business school peeps couldn't have pick a better year to graduate.
(like a so so someone likes to say: buy 4D also don't have so accurate ah!)
OH. My prof got feature on ST today. And he said the cure to the problem is corporate governance.
According to how i see it: corporate governance = more regulations (think Sarbanes-Oxley Act, after Enron) = increase demand for auditors --> MORE JOBS+ higher pay for me!!! Ceteris paribus.
ha.
Ok. Then with macro econs analysis, let's the micro part.
P wc announced a few days back that they don't need to hire for the rest of the year cause the seniors are not leaving the banks.
Surprise! The banks are freezing their headcount. They are not hiring. Not hiring...!
Aiyox. Pls let me go for exchange dear sch.
