- The dollar seems to be enjoying the freefall, and doesn't seem like it wants to open the parachute anytime soon!
- Oil prices are reaching new highs every single day.
- The wars in Afghanistan and Iraq are draining money on the other hand.
- Mortgage companies are closing shop as if they were dotcoms in 2001/02!
- Grocery prices have doubled in the last few years.
- Jobs are difficult to come by for most of the average population.
- People continue to work harder to earn less money.
- Chinese government and Chinese companies are buying stakes in large western firms.
- Western world is starting to boycott "Made in China" products (is that ever possible?!)
- IT and BPO businesses in India are starting to feel the heat. Some are closing doors.
- Hurricanes and wildfires keep hitting US below the belt.
- Earthquakes and tsunamis keep hurting Asia.
- Let us not even think about Africa. If even 1% of what they showed in Hotel Rwanda and Blood Diamond are true, natural disasters are probably a relief for them.
- Life seems to be cheap in certain Asian countries. And death is cheaper, with hundreds dying due to bomb blasts and other horrendous acts on a daily basis.
- And we have Paris Hilton, Britney Spears and Lindsay Lohan.
What a wonderful world!!!
No comments:
Post a Comment