Year 2009

The year 2009 is fast approaching and the world is clueless of what will happen with the current economic slowdown the major economies are experiencing. The forecast for the Philippine economy is that the effects of the slowdown will hit us hard by 2nd or 3rd quarter next year. It is quiet alarming for workers in the textile and automobile industry as it is expected that these industries are going to be hit of the first wave. It is also sad that while other economies in the world are working hard to avert the crisis our government is still boasting that we can survive this problem. It is just a signal to us that our leaders are not willing to lead us through the wilderness but are just positioning themselves for the 2010 elections. For a small country like us that relies on our trading partners it is quiet impossible that we can go through smoothly against the storm. I think that we must be prepared for any eventuality that might come our way. We must continue to work hard and improve our productivity and make sure that the companies we are working for give their money's worth.