Sunday, 26 October 2008

Honey, I shrunk the Economy!

I wonder how we got through so much without commenting on the current economy crisis. I always got stuck at a roadblock when trying to write something about it. I don't know exactly why it happened, how it happened, how much it will affect us or when it will be over. I still don't. So here are some interesting headlines that could scare us, but somehow these headlines always give me some kind of sadistic pleasure. Something in me keeps on saying - din't we say so a year ago?

Some of the headlines i picked up in random.. They seem like a crisis timeline. All through i see the economy declining. Can't believe it was just months before when the Sensex celebrating breaching the 20,000 barrier.

September 15, 2008:
Markets in turmoil on Lehman failure

September 29, 2008:
FTSE sinks 3.3 percent as worries escalate

September 29, 2008: Bradford & Bingley is nationalised

October 7, 2008:
Russia backing Iceland as world crisis spreads

October 8, 2008: IMF sees major global downturn

October 14, 2008:House sales fall to 30-year low

October 14, 2008:
Inflation soars to 16-year high in Sept

October 24, 2008:
Wall Street joins stock market rout

October 24, 2008 : 19,683 Tech Layoffs And Counting


Still can't see the end of this fall..

6 comments:

  1. are you the guy who burst the housing bubble?

    ReplyDelete
  2. Are u communist?
    They are the ones enjoying it the most.

    ReplyDelete