Canadian Economy Enters Recession -Source Bbc

[sqladdict]

Not in the same range as it was back in 2008. Every 8 years ki economy matramu down avutundi, Y2K bust in 2000, Lehman Bros and the financial collapse in 2008, we are due for one in 2016. But it won't be the same as it was back in 2008.

On the other hand, truth be said IT is a dying industry. More and more H4 EADs are going to flood the market, and more and more F1 EAD students will come into the work place too soon. Above all this, outsourcing of employees from India by companies like TCS, Infy etc where they pay their employees $20/hr and charge the client $100/hr is only going to increase. It's a death knell for IT industry esp. those who are on visas like H1B etc and contracting.

Best to change your career, I am thinking of doing that myself but not sure which direction to go.

mba or startup beat bet

[VizagRocks]

assalu recession enduku osthundi? First inflation raani, taravatha recession osthundi.

 

I personally made a bet that US lo 2020 varaku recession raadhu ani.

[Raja123]

2016 recession on the way anta.. - sources 

:15_3_321:  :15_3_321:  :15_3_321:

[mettastar]

didn't I already say, Canada is heaven for common people. But you don't count as 'common' people.

not unless you are making less than $50k per year and don't live in Toronto/Vancouver.

my income tax avgs around 30%, but most of it is from dividends.

Canada is awesome if you are rich or poor. Plus healthcare is free, except prescription drugs.

Did you live in Montreal? It is one of the cheapest cities in North America, for the infrastructure it provides. But you need French.

Montreal cheap Endhi saami.. Nenu vella stamping ki akkadike friend room lo Unna one week.. infrastructure emundhi bongu Akkada Detroit city laaga old aipoina buildings and roads

[mettastar]

Not in the same range as it was back in 2008. Every 8 years ki economy matramu down avutundi, Y2K bust in 2000, Lehman Bros and the financial collapse in 2008, we are due for one in 2016. But it won't be the same as it was back in 2008.

On the other hand, truth be said IT is a dying industry. More and more H4 EADs are going to flood the market, and more and more F1 EAD students will come into the work place too soon. Above all this, outsourcing of employees from India by companies like TCS, Infy etc where they pay their employees $20/hr and charge the client $100/hr is only going to increase. It's a death knell for IT industry esp. those who are on visas like H1B etc and contracting.

Best to change your career, I am thinking of doing that myself but not sure which direction to go.

Offshore resources ki client max $30 kante ekkuva pay cheyadhu.. offshore ki kuda $100 pay chesekadiki inka offshore enduku bongu andarini edane hire chesukovachuga

[VizagRocks]

Montreal cheap Endhi saami.. Nenu vella stamping ki akkadike friend room lo Unna one week.. infrastructure emundhi bongu Akkada Detroit city laaga old aipoina buildings and roads

 

sare edho aavesham lo North America anesaa. Canada lo adhe cheapest city among the big ones.

[SUBBARAVU]

Not in the same range as it was back in 2008. Every 8 years ki economy matramu down avutundi, Y2K bust in 2000, Lehman Bros and the financial collapse in 2008, we are due for one in 2016. But it won't be the same as it was back in 2008. 

 

On the other hand, truth be said IT is a dying industry. More and more H4 EADs are going to flood the market, and more and more F1 EAD students will come into the work place too soon. Above all this, outsourcing of employees from India by companies like TCS, Infy etc where they pay their employees $20/hr and charge the client $100/hr is only going to increase. It's a death knell for IT industry esp. those who are on visas like H1B etc and contracting. 

 

Best to change your career, I am thinking of doing that myself but not sure which direction to go. 

ok.. good info

[just2deal]

didn't I already say, Canada is heaven for common people. But you don't count as 'common' people.

 

not unless you are making less than $50k per year and don't live in Toronto/Vancouver.

 

my income tax avgs around 30%, but most of it is from dividends.

 

Canada is awesome if you are rich or poor. Plus healthcare is free, except prescription drugs.

 

Did you live in Montreal? It is one of the cheapest cities in North America, for the infrastructure it provides. But you need French.

 

Common people in the sense .. min wage earners ?

Health is free ,but horrible ..not in terms of quality but service..once my doctor wanted to refer me to a specialist for a backpain..and my nearest appointment date was after 3 months..and after 3 months when I visited him..he prescribed MRI and the appointment for MRI had around 89 days waiting time for my turn ..Instead I visited US and got checked up in the following week ..

Health care may be free ..but it will offset the auto insurance rates compared to US..If $100 a month is my auto insurance it is $600 in Canada and health insurance will be average of $500 for a family of 4 in US,Which is $0 in Canada

 

A 2,500 Sft town home in a decent Toronto Metro area(GTA) is not less than $600K ,where as you can get is for $300K in almost any metro area in USA

 

Do you need more ?

 

May be for some people who have never lived in US,Canada is a paradise !

[ronitreddy]

Not in the same range as it was back in 2008. Every 8 years ki economy matramu down avutundi, Y2K bust in 2000, Lehman Bros and the financial collapse in 2008, we are due for one in 2016. But it won't be the same as it was back in 2008. 

 

On the other hand, truth be said IT is a dying industry. More and more H4 EADs are going to flood the market, and more and more F1 EAD students will come into the work place too soon. Above all this, outsourcing of employees from India by companies like TCS, Infy etc where they pay their employees $20/hr and charge the client $100/hr is only going to increase. It's a death knell for IT industry esp. those who are on visas like H1B etc and contracting. 

 

Best to change your career, I am thinking of doing that myself but not sure which direction to go. 

+1

[andhravodu]

Common people in the sense .. min wage earners ?

Health is free ,but horrible ..not in terms of quality but service..once my doctor wanted to refer me to a specialist for a backpain..and my nearest appointment date was after 3 months..and after 3 months when I visited him..he prescribed MRI and the appointment for MRI had around 89 days waiting time for my turn ..Instead I visited US and got checked up in the following week ..

Health care may be free ..but it will offset the auto insurance rates compared to US..If $100 a month is my auto insurance it is $600 in Canada and health insurance will be average of $500 for a family of 4 in US,Which is $0 in Canada

 

A 2,500 Sft town home in a decent Toronto Metro area(GTA) is not less than $600K ,where as you can get is for $300K in almost any metro area in USA

 

Do you need more ?

 

May be for some people who have never lived in US,Canada is a paradise !

 

ee 2 points oka sari revise chesukovali nuvvu.

any decent metro with jobs is 400k+ for a house. meeku Vancouver unte, US lo Sillicon valley bay area, LA, San diego anthaku minchi untayi. NYC ayithe inka cheppalsina avasaram ledu

 

Health care for family 500 emi kadu. employer plan kakunda, individual ga konte, per month 1500+ easy ga avuthundi premium family ki

[puli_keka]

canada ki stamping pokapovadam better aa .leka no effect on us owned embassys 

[princeofheaven]

kwalling AceHyderabad..

[princeofheaven]

2016 recession on the way anta.. - sources 

 

one jaab in India fleeez nxt year, MS + 5 yrs genuine exp in Java