2016 is the year where companies around the world will start to look at their capital spending and decide to cut cost due to deflationary forces and slowing demand. At my current employment (largest software company Canada), I can already see the effects of the slowing economy in the U.S.A and Canada.
Posts Tagged ‘corporate’
Affluenza – The Need To Buy More and More Material Goods – Do You Suffer From It?
Thursday, August 27th, 2009As defined by Wikipedia:
Affluenza, – painful, contagious, socially transmitted condition of overload, debt, anxiety and waste resulting from the dogged pursuit of more.
and
Affluenza – 1. The bloated, sluggish and unfulfilled feeling that results from efforts to keep up with the Joneses.
2. An epidemic of stress, overwork, waste and indebtedness caused by the pursuit of the American Dream.
3. An unsustainable addiction to economic growth.