Wednesday, February 4, 2009

The hole is too deep

Thought the new year would bring new hope, new resolve and a new beginning. Unfortunately, the economic hole we are in is too deep. There is just no way out, at least not in the near future. Everyday, bad news are mounting. Toyota, Hyundai, Citibank, AIG, General Motors, Chrysler, Volkswagen, British Airways, Standard Chartered, HSBC, Singapore, USA, England, Japan, Korea, China, Germany, Iceland, France, Canada, etc. etc. etc. They are all reeling from the meltdown! Back home, the situation is not much better. Already, thousands have lost their job. Electricity demand has dropped. Factories have closed down or going on one shift. Some people I know have lost their jobs. Others are looking for alternatives to their sales jobs because people are simply not buying anymore. Can't help but feel how lucky I am as I still have my job.

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