Tuesday, April 28, 2009
Effect of flu on biz
Well, some industries will be more affected than others. Hit hard will be malls, theme parks, cruise ships, restaurants, and movie cinemas. OK so we could go from our major severe economic recession into a massive global depression. It is rough seas for Carnival Cruise Lines as the stock plunged 14% yesterday due to fears on mexican swine flu. Hotel and airline stocks were also hit hard. In fact, many persons are postponing vacations due to a poor economy and fear of an epidemic. Tourism will be hit hard by a global pandemic.
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