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Zetland Corporate Services Urge Common Sense Approach to Recession's End

Top Quote There has been much reported in the news recently about the end of the recession in the US and the easing of the global financial crisis. However, business consultancy service, Zetland, believes that the problem goes further than the loss of confidence of the past two years, and is urging prudent business decisions to help prevent a new economic crisis forming. End Quote
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  • (1888PressRelease) August 13, 2009 - Confidence in the global economy is once again rising, as most analysts agree that the worst of the US recession is over. However, Zetland Corporate Services believes that the lessons of history show that caution in business outlook is still necessary.

    The Asia-based investment management service sees the root of the current problem in leveraging of assets, the removal of financial regulations and status-based financial mismanagement. These causes are not seen to have changed significantly over the term of the crisis.

    The business consultancy service is recommending companies still undertake activities that are aimed at reducing costs and making savings in the medium term, such as:
    • Creating offshore investment businesses for significant tax savings
    • Outsourcing invoicing, trade financing and accounting for operational savings
    • Corporate offshore banking for greater flexibility and reductions in fees

    Zetland Corporate Services also points out that with the size of the debt incurred to help solve the crisis, growth will be slow and tedious for some time. The US bailout package has cost more than the race to the moon, the Marshall plan, World War II, the Korean, Vietnam, Gulf and Iraq wars all put together.

    According to Jason Weatherhead of Zetland Corporate Services, the end of the recession looks a lot like the recession did. "The global sentiment is a lot more positive; however this will be a slow process. It makes sense for people to continue to improve business processes, and keep looking into improvements like corporate offshore banking and company formation services overseas, for example".

    About Zetland Corporate Services:
    The Zetland Financial Group - http://www.zetland.biz - provides the offshore investor with fiduciary Services, investment management and corporate advisory services, offering personal service and professional advice with total confidentiality.

    For more information please contact:
    Jason Weatherhead
    Zetland Fiduciary Group
    Email: jason ( @ ) zetland dot biz
    Website: http://www.zetland.biz

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