Korean Job Discussion Forums

[Summer Wine]

I read this in another forum and am curious what people would do if the global economy did enter a major slump. Would you stay in Korea and try to last it out or would you return home or to another stable location and try to outlast it.


http://www.telegraph.co.uk/money/main.jhtml?view=DETAILS&grid=A1YourView&xml=/money/2008/06/18/cnrbs118.xml

You never know with future analysis whether it comes to pass or not, but definitely these are uncertain times.

Quote:

The Royal Bank of Scotland has advised clients to brace for a full-fledged crash in global stock and credit markets over the next three months as inflation paralyses the major central banks. "A very nasty period is soon to be upon us - be prepared," said Bob Janjuah, the bank's credit strategist. A report by the bank's research team warns that the S&P 500 index of Wall Street equities is likely to fall by more than 300 points to around 1050 by September as "all the chickens come home to roost" from the excesses of the global boom, with contagion spreading across Europe and emerging markets. RBS warning: Be prepared for a 'nasty' period Such a slide on world bourses would amount to one of the worst bear markets over the last century.

[Summer Wine]

I feel that we are ina time of uncertain changes and we awill have to adapt.

[Bigfeet]

Can't say until it's happened. If SK is receiving the brunt of the dmg then leave. If SK is as bad off as the others than probably tough it out.

[captain kirk]

What Bigfeet said.

Those dour Scots huh? Prone to the Black Dog (depression) under porridge skies. Would you trust a man in a kilt?