My Dad works in Toyota( Australia ) and they aren't doing too well at the moment because of the financial crisis. He used to work on Sundays and get 2.5 times the amount of his normal pay but now that is gone. Soon , they are probably only going to be working 3 days a week. Is this going to last forever or just this year? Some people have told me Sunday's will be back in 2010.
well im not a financial annalist but i do own a large trucking company in sydney and from what the market has be telling me is that its going to get worse before it gets better, everything should level out by august meaning august is my forecast for the rock bottom economy and then things will start to get better and everything should be back to normal for most people who have weathered the recession without the huge mortgage repayments as most young people have gone for.
But for some people they will be left high and dry having to start all over again from square one after losing everything. Im sure if the government hasn't blown all the surplus money in there account they will be helping people out.
I work for a Toyota dealership in Sydney, my manager who's been working with Toyota for 25 years tells me he's been through 2 recessions before, they usually last a couple of years, so by mid next year it all should be over.
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