This is worst situation no one would like to face in their life time. Unfortunately most of them might not be aware that this is just a beginning. As a result I’ve come out with few analyses, since I’ve vested interest to make analysis. You must thank me that I’m not giving any analysis about stocks and about any other investments that could possibly burnt your money. I’m just giving simple economic analysis (If someone really think mine is about economy)

This could be half baked analysis, but I firmly believe there would be some element of truth in my analysis. Everyone knows about ongoing global economic meltdown and its impact to individual lives. Numerous gyan has been given by gurus across the world and mine is just one of that and only consolation is that I’m not an economic guru, but just an ordinary human being writing based on my learning after viewing things across the world.

As an analyst its obvious for me to come up with few predictions which most of the people know that this is nothing but a foreseeable thing that is waiting to happen. As an analyst I need to do something. That’s why I decide to come up with few predictions.

Prediction#1: This is just a beginning

ASSCHOM predicting 25% could upset people in India. Unfortunately this is just a beginning. I expect guys to anticipate more surprises like this with their employment. I’m not creating panicky amongst fellow readers, but I just want to tell them that this is just going to be a normal thing. Economy would go worst. Banks won’t lend and infact banks won’t lend each other.

Prediction#2: Consumers would prefer to spend on private labels than brands

I’m not against marketing mavericks who use to think that Brands need to get additional value for its uniqueness and its identity. Its unfortunate that customers could tend to buy private labels to save money in this turbulent time.

Prediction#3: Only best of species in employment survive in High end jobs

I personally believe that there is a possibility of this prediction turning southwards. I always believe that mediocre employees are bound to survive than better guys. This is because most of the companies don’t want intelligent guys, but they want guys who would work on their orders than thinking different. This time I believe there is a slight chance to debunk the mediocre surviving theory. I also believe that if an employee could adjust with his boss, he could do whatever in his career and its nothing new. This time, I believe both him and his boss could get fired if the playing field is level for all employees due to sharp downturn. Still there is a huge possibility for this prediction getting wrong.

Prediction#4: More and more people would come with negative predictions

I’m not the first person to give predictions and infact I’m not going to be the last. People would come and give predictions. I bet most of the predictions would be negative and what general public doesn’t want to hear. Always remember, in turbulent times even small negative would be considered as mountainous one.

Prediction#5: Expect more corporate defaults

We might have heard several stories about corporate defaults and I’m quite sure that we’ve just started to hear this story. More defaults to come and I’m expecting atleast couple of companies to burst in this downturn.

Prediction#6: Ridiculous real estate prices would tumble

This is pretty easy to predict. People would always quote the price, but believe me there would be no one to buy. I’m talking about real estate. This is going to be the scenario for next couple of years. All those hunky dory prices on real estate would become laughable one and people (especially IT guys) would realize that its wise to invest prudently than following herd mentality thinking that housing prices always appreciate irrespective of the situation prevailing in the economy.

Prediction#7: Intelligent people and intelligent business find new ways to make money in this downturn

If there is growth, there would be recession and vice versa. Intelligent person knows how to survive and make money in this recession. Its not just making money, but also looking for better opportunities with favourable terms. This recession could present numerous opportunities for intelligent individuals who could become sacred one once this problem gets over.

End Note

Person surviving this could be considered as a brave hearts. So what is surviving? Its not just with employment. Its about managing your investments and not getting tempt by booking losses. Its about spotting new opportunity in investment as well as in your careers. Its about company managing its brand and trying ways to find new ways to reach its audience. Its about learning new skills. If you learn to survive you could get the reward in your future which would be handsome. Are you to willing to learn?