2013 Financial Crisis a Reality

The prediction of another tough economic times in 2013 is now a reality. Many companies are now down sizing to survive. Offshoring is also on the table to remain competitive.

Nouriel Roubini who famously predicted the subprime mortgage meltdown and the 2008-09 recession, warns of US Market Collapse.

Despite the resilience of economies, how could they sustain another economic blow?

About the Author

Ver Pangonilo
A Filipino Engineer, Registered Professional Engineer of Queensland (RPEQ) - Australia and Professional Electrical Engineer (PEE) - Philippines with extensive experience in concept select, front-end engineering, HV & LV detail design, construction and commissioning of Hazardous and Non-Hazardous Area electrical installations in water and waste water pipeline and pumping facilities, offshore platforms, hydrocarbon process plants and pipelines including related facilities. Hazardous area classification and design certification (UEENEEM015B, UEENEEM016B, UEENEEM017B).
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