What known to have started as disorganized bad mortgage issue in USA. Who might have thought it has got links with each and every business around the world and drags slowly and steadily every other in quick sand. Statistics say millions of job loss but its only for those people who have been working directly under employer. What about people like servants, security guards etc; they too will face the heat coz their owner faced pink slips.
The client I was working for filed for bankruptcy which eventually lead to pay-cut, the pathetic news, when I was expecting a probably promotion or atleast a decent hike in my package. Well I moved ahead, thank God, I am not married yet or not having any major responsibities. But I feel pity for people who have taken loans, whose kids studying and all other things which are most eligible to give nightmares.
As if we hadn't face much loss, reports start spreading across all the NEWS channels and by Industry analysts that it will take end of 2010 when things are likely to fall in place and *good* signals will start flowing. All we can do is pray and wait for sensex start lifting its neck and move upwards.