Photo via http://www.voanews.com/content/no-end-in-sight-to-us-government-shutdown/1764463.html

Regarding to the recent news about United States federal government shutdown, the country’s economy was also strongly affected from various aspects besides the serious influence on the country and its security, such as:

1) “…about 800,000 federal employees were indefinitely furloughed without pay, while another 1.3 million were required to report to work without pay until an appropriations bill is passed or their function is no longer excepted.” (“United states federal,” 2013)

2) Departments were also furloughed. For instance, museums would  experience a rapid drop of the income from passengers, as tickets could not be sold.

3) As thousands of operations were seriously influenced, passports and visa were also the necessities whereas in this case, they were also furloughed and would cause problems, for example, the incapability for investments.

4) Falling stock markets were indeed inevitable. At the same time, national oil price fell which induced another obstacle to United States as the country relied a lot on the selling of oil.

Etc. Photo via http://news.yahoo.com/us-limps-day-three-government-shutdown-065703949.html

Zhangxinyi Hou, another COMM 101 student, also wrote about this shutdown (site: https://blogs.ubc.ca/zhangxinyihou/). She reflected that there would be falling of stock price and some immediate effects, such as the closing of national parks and museums. I agree what she wrote and by combining, I believe the significant negative effect of this shutdown has not only affected the country’s economic trend but also the living standard of citizens. If the shutdown continues and last for weeks, the United States would usher a serious consequence.

Source:

United states federal government shutdown of 2013. (2013, 08 08). Retrieved from http://en.wikipedia.org/wiki/United_States_federal_government_shutdown_of_2013

Government Shutdown- http://www.ibtimes.com/government-shutdown-mortgages-credit-cards-loans-debits-will-start-weigh-heavily-those-federal

At present China has become the second essential market of Lamborghini company. The Lamborghini President and CEO, Stephan Winkelmann, was happy about the rapid increase in popularity in China whereas in the recent years, reports have shown that the operating and financial performance in China has decreased rapidly. Reasons can be categorized into two aspects. For example in Qingdao, China, a Chinese customer hired workers to destroy his car privately (as shown in the photo). There were indeed problems and insufficiency regarding to the complains and negative reports towards the company, and I regard the company’s behavior as despising after-sales services.

Photo via http://www.bloomberg.com/photo/lamborghini-ceo-stephan-winkelmann-/372393.html

Besides the lack of service of the company, another aspect that customers focus on the most is the quality and security of the cars. However, in 2013, two accidents happened in Beijing and Shenzhen in China have caused a series of problems to the company, as both cars self-ignited and within a few minutes, the cars scrapped into pieces. These shocking incidents have seriously influence the reputation of the company in China and ultimately led to the inferior performance. After the spontaneous incidents, Lamborghini company has not made any statement to save the brand and the public trust, which is actually the real reason why Lamborghini lose customers.

Source:

Chinese hammer Lamborghini –http://www.wheels24.co.za/News/General_News/Chinese-hammer-Lamborghini-20110316