01
Feb
09

Me, IT Industry and Economic Crisis 08/09

I, a professional web designer completely affected by economics crisis 08/09 want to make IT industry more boost up. At first I went just ignoring it, believing that it will not affect me, but after sometime, I was hunted by huge crisis wave, which made me to stop working. That’ means the crisis wave was so big that it affected big MNCs’ to a freelance professional. The crisis went so bad that none of the professionals were safe; at the end all of them are affected. For me, it became very huge problem; I have low sales, low budget projects, few clients and no salary at all. It’s my first time to face this situation after, I entered into the business. So my time is hard, and has to fight against it to survive. Anyway it’s moving till now, hoping the situation will be better. I read articles and try to get me information to reduce it, but its taking time and found, my effort is too little to make it better. But still I will not stop to fight against it. 

The global financial crisis, brewing for a while, really started to show its effects in the middle of 2007 and into 2008. Around the world stock markets have fallen, large financial institutions have collapsed or been bought out, and governments in even the wealthiest nations have had to come up with rescue packages to bail out their financial systems.

On the one hand many people are concerned that those responsible for the financial problems are the ones being bailed out, while on the other hand, a global financial meltdown will affect the livelihoods of almost everyone in an increasingly inter-connected world. The problem could have been avoided, if ideologues supporting the current economics models weren’t so vocal, influential and inconsiderate of others’ viewpoints and concerns.

At the end, I want to ask everyone, why not to fight? Lets fight against it and win it. IT industry have to chances to gain while the situation will be going better. So lets do efforts and win this crisis for next generation.


1 Response to “Me, IT Industry and Economic Crisis 08/09”


  1. February 1, 2009 at 12:02 pm

    I read somewhere that in 2009, IT investments will decrease by approximately 25%.


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