Quote:
Originally Posted by Slava
Its good TV, and maybe sells some newspapers, but I have a hard time believing these predictions. I will be interested to see the annual reports from some of these companies though.
|
There's a difference between being skeptical and burying your head in the sand/being blissfully ignorant.
Hard time believing these predictions? This isn't one lunatic spouting off on TV. These are very connected and educated people predicting very tough times ahead. These are major O&G companies who have put on a hiring freeze for the last 4 months. This is history repeating itself. This is the global financial markets reacting to a global oil glut.
It could be worse, at least we're not Russia.
It's time to wake up and become aware of our current financial situation. Especially coming from a guy working in the financial industry.
Where is that Saddam everything is alright photo when we need it.