Monday, October 13, 2008

In times of uncertainty

... you better be grateful for whatever little you might have...

Thankfully I am still alive, with a job (Shall I make a booking for you, sir/ma'am?)... As we say, hamdella 3a kul shi (Thank Godness for everything)... One should be grateful especially with the whole 'global' economical crisis showing no signs of waning, and with all the major 'players' in the market falling like pieces of domino... Kind of ironic given that a few years ago the Western world (AKA. The safe, smart, progressive and developed nations of the world) was rolling on the floor laughing at a certain information minister and his vain attempts to assure the masses that everything is alright... Now the roles are reversed in a more traumatic way so to speak, OK there are no people losing their lives, but people losing their future... Companies once labeled as "very safe and secure" are now filing for chapter 11 bankruptcy...

What's even more ironic? I can't recall the last time I saw the following words in a news headline:
Iraq, Iran, Terror and terrorism, Middle East crisis, peace and peace talks, US Troops, Afghan militants... These have been replaced by words along the lines of Collapse, bailout, rescue plan, economical crisis, sub-prime crisis, credit crunch and economical instability... What a difference, eh?

To be fair though, no economy is immune to this, and the market here has been struggling a 'bit' more than it does usually (Who are they kidding?)... But anyway, enough blabbing about stuff I have little actual knowledge about, I'm quite thankful for arabianbusiness.com's updates and the little discussions I hold with my lovely mother every evening over dinner over the 'shituation'...