GEC AFFECTING VENICE

Its taking it's toll now, the "Global Economic Crisis" is getting scarier for us here. Some hotels are closing or filing bankruptcy - an easy way out.
Other hotels are also being sold to new investors making employees unsure if they will be re hired by new owners.

Tourism is what makes Venice live. Hotels, restaurants, souvenir shops, rtw and shoe stores, art galleries align the left and right side when you walk through the maze of this floating city. Aside from the museum, churches and historical sites of course, these compose the main source of living to almost everyone of us residing here. Italians or foreigners alike.

With the ongoing "crisis", people will not spend. No holidays, no out of town so there will be no tourist flocking in. Americans, which are among the top nationality visiting Venice, sadly they're one of the most affected with this economic slowdown(more of a shutdown).

Many Filipinos are also being laid off with their jobs while its also true that many new Pinoys are still coming in to Italy. Add that other European such as Romanians, Russians etc are flocking in too. The imbalance of jobs against workers is damaging. We Pinoys, who demand higher pay, could not compit so we'll be forced to level with other nationalities in terms of salary.

Being said, we're still getting by, not to worry our love ones reading this. We're OK, its just we're sad for other Pinoys here who're greatly affected. Pray with us though that miracle will work on this "crisis" before it will gnaw at us.

PHOTO CREDITS: Le Gente - musashiboogie