Exports Dropping, Retrenchment Up, Unemployment Up,Economy Shrinking. My sales dropped by a dramatic 80%. It is an incredible drop. We have to take some drastic action and will recover to 50% in March. My month to month growth will be 100%. We are in a roller coaster ride.
The good news is business is still ongoing. Production slowdown but still producing. The Americans supporting the world economy through debt. They have been spending on credit. Now is a time for adjustment. The good life is spend within your means. Otherwise it will catch up. Americans had a great run and enjoys a high standard for many years. It is payback time. Everyone hope this economic situation will be over by the end of the year. I believe 2nd half of 2009 will be much better than 1st half. We will see the economic crisis stablizing and Asia will pull out of this recession and start to grow again.
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