Tuesday, September 13, 2011

Economic Times!

For the past few weeks the news of all newspapers are looking very similar to 2008, when the world suffered from an serious economic crisis. Europe is in trouble, the US is in trouble... and that means that the rest of the world is in trouble.
The European Union and the US are the biggest economies in the world, and they do business with almost every country. If the economic crisis goes deeper that means that demand for products and commodities will go down. Affecting countless countries but specially the BRIC's. The stock markets of numerous countries are already facing incredible losses, including the one day 8.08% devaluation of Bovespa, the Brazilian stock market. Investors are loosing confidence in the US an Europe and believing in a slow down of economies all over the world, pulling off their money from stock markets. Blue chips are being sold for incredible low prices. Some specialists and big time businessman such as Eike Batista (ranked 8 among the world's richest people) are saying that this is the time to buy, but maybe we should wait as it might be too soon, because when dealing with a global economic crisis we are never really sure of how deep it might get.
Investors wait from a response from FED as they are very uncertain of what the future will be. Let us hope that at least for the other countries (not US and Europe) this crisis will be as Eike Batista defined, just a small little thing.
The economy crisis might affect us but we believe that everyone should continue to support the economy, however, if Europeans are in trouble they should access where to go. I still think a lot of things with the economy might affect a limousine service, because the economy has pushed things to be supported by the businesses. All of you need to consider that tourism needs money and we will help you in terms of not costing that much money. We hope you all understand the current situation that is going on and we promise that us at K & G Limousine Services Inc will promise this. K & G Limousine Services Inc will promise to keep prices affordable, K & G Limousine Services Inc will promise to provide the best service possible, K & G Limousine Services Inc will promise to give you great airport, tourist, wedding, corporate or any type of travel and transportation and finally K & G Limousine Services Inc will promise to keep you and give you way more than your money's worth. Good luck!

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