Merry Christmas from HomeBasedTrabaho.com

Now is the time to showered

with gift and wishes

But in the midst of all this crisis

Let us not forget that the true spirit of

CHRISTMAS

Is to cherish, spread joy, love,

peace and goodwill

to everyone around the world

Merry Christmas

- homebasedtrabaho.com

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Global recession will definitely affect the Philippine economy in 2009! Are we prepare enough?

I. The Recession

THE current episode of the US financial crunch is expected to drag the entire global economy into recession.

The International Monetary Fund (IMF) says the US economy may shrink 0.7 percent by the end of the fourth quarter of 2008, while growth in other centers of capitalism such as Europe, Japan and Canada would substantially slow down to 0.9, 1.4 and 1.3 percent, respectively.

Broadly speaking, recession refers to the fall in economic activity. It is a phase often technically measured as two or more consecutive quarters when the growth rate of the gross domestic product (GDP)—the total production of goods and services of an economy—is negative.

Expert says that the Philippines will definitely feel the impact of the US crisis-lots of job may be lost and the country's capacity to borrow will suffer. *source Philippine Daily Inquirer http://services.inquirer.net/print/print.php?article_id=20081101-169734


II. The Solution

Some businesses seem to strengthen in times of recession. When the economy starts to slow, people start looking around for ways to cut back on expenses, and they give up the frivolous items in favor of the basics.

Despite the recession, the health and wellness industry is swelling with opportunity. Health care is more expensive than ever, and the health care community provides more services than ever. And, as the baby boomers age, the market promises to grow ever larger for products and service that help people live longer, live more comfortably, and live more enjoyable in old age. While you may be likely to come up with some astounding new medical breakthrough in your garage, you may be able to profit from by establishing a delivery service or selling health care products that will generate hefty revenues.

As we said, people don't cut back on their intake of food just because a recession is underway. Instead, they will cut back on the fancy stuff and take a renewed look at how the basics can be made to satisfy their need for variety. A fresh fruit and vegetables always look good. If you have at least a small plot of land you can grown enough food to make a surprisingly good living.

Death is another part of the life cycle that isn't going to stop for a recession, and a well-run funeral parlor will weather the economic storms.Plumbing, electrical, roof repair, termiting and other vital home repair functions will continue to thrive in periods of recession. If homeowners put off maintenance and repairs, it only means that ultimately they will pay a higher price for a greater amount of work.

In bad times, there are always ways to thrive, if you are perceptive and agile. Never feel that because a recession is under way that there are no opportunities open to you.


III. Start a Business
Did you know that many Filipinos in abroad are loosing their job because of the global financial crisis?

What will happen to their family here in the Philippines if they loose their job in abroad?

How much are you willing to help your relative and friends who is in abroad?

This is where you come in. Through Homebasedtrabaho.com you can help them by starting to generate your own income. It offers an alternative recession proof business for every Filipino especially in times of crisis.

Visit http://www.homebasedtrabaho.com/ and apply now!

Is There Such a Thing As a Recession Proof Business and Recession Proof Business Opportunities?

With the collapse of Lehman Brothers, Bear Sterns and the fed's seizure of Mortgage Giants Fannie Mae and Freddie Mac many people believe we are in for a recession and many people are looking for recession proof business opportunities to protect themselves and their families from the hard times to come.

In this article I will try and explain what kind of recession proof business opportunities to look for and what industry I think will be the strongest through this.First of all history has shown that the direct selling industry has been doing very well in a recession and having a direct selling business like an online cellphone store will be a good recession proof business opportunity.

The second factor when looking for recession proof business opportunities is finding the right product to promote.The product that you will be selling must be in high demand and people must buy what you have even when times get tough, in other words you must be selling a necessity and not just a luxury.Let's take a cellphone for example. Could you live without your cell phone? Probably not. Do you think people will still be using their cell phones during a recession? You bet they will.

Taking your business online can also make it recession proof as online businesses doesn't have nearly as much over head and expense as traditional businesses does.Online businesses are inexpensive to setup and very inexpensive to maintain.The opportunity to earn residual income is also very appealing for example. Let's say you have an online wireless store and you sell phone plans and get a commission every time somebody pays their cell phone bill.That means you will get paid every month like clock work for the work that you have done today.That's the power of residual income and it can definitely make a business recession proof.