If you can believe some of the forums out there, we are soon due for a total economic collapse leading to a Mad Max scenario. "The Coming Dark Age" etc. If that happens, the .gov will go away and take all the silly laws with them. At that time, it will be Machinists who will have the skills to rebuild civilization.
Aye , but we'll have to survive first by building Lord Humungous' modified vehicles and weapons, and possibly an oil refinery as well
Perhaps after the collapse, perhaps they'll deal with thing by building 3 enomous space arks to move us all to another planet, the scientists and leaders and such go in the 'A' ark, the machinists useful people and such go in the 'C' ark, and the advertising execs, fund managers, lawyers and such go in the 'B' ark... and we'll send them off first
Right more seriously (once I've stopped pilfering various sci-fi films
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The downturn will affect the machining trade, however if Mrs Smith needs a hip transplant, she'll still need the bits made, the hospitals will still need the other equipment made, the same with the oil supply, just because there's been a 2% drop in oil demand does'nt mean the oil business wont need another blowout preventor built.
Aircraft will still need bits, the military will still need bits, if Obama orders a infrastructure building program, then supplying construction vehicles will be needed, in fact if your business is in a position to ride out any recession, then in 4 years time you'll be doing ok again.
I cant see the low end chinese work surviving the recession though because of 2 factors, the shipping cost and because its so reliant on consumer demand.
In ending, yes its all doom and gloom at the moment, but treat it as an oppertunity.
Boris
"I'll be back"