With the world stock markets crashing and economies looking at extended recessions. What do you feel the effects will be in the ESL industry?

Perhaps:
- With the USA's decline and increase in importance of China and India, less people finding such importance in learning the English language.

- Economy slowdown, meaning people have less money to spend attending English classes.

- Many Americans looking to cash in on a fallen dollar, by heading overseas to work (ESL would be a major market flooded with new jobseekers)

Just some thoughts, any more?

The world's economy, at least for now, seems to continue to fuel an English language market- especially in Asia and the Middle East. Much of the world continues to conduct business in English, and much of the world's popular culture is disseminated in English.
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