Its the last night of the very eventful year 2008, a year that will go in the history for the beginning of the decline of western economic and their political credibility. Events in Zimbabwe, Sudan, Somalia, Congo, Palestine to name a few have proved that political will among the World Leaders and powers has diminished. Nobody wishes to involve in neighborhood affairs when their own house requires dusting and cleaning.
The cyclic fall and rise of US economy is common. US economy has faced growth and decline once in every or two decades. US economy has enjoyed its best years between 1989-2000 and as the saying goes anything that goes up has to come down! but this time the effect is felt world wide due to globalization. First Sub-prime Real-estate then Financial & Investment services then Auto Giants! (Analysts expect a L curve on economy but even they cant speculate till when!) Economy giants like US, UK, Germany are in red while others are in slowdown mode. It is unbelievable as to how rapidly the market and industry has changed from one of strong, hearty, cheerful to somber, sad, ailing, depressed one. In such turbulent times, we as students face a terrible dilemma. Should we accept the campus job offers and hope for the storm to pass off in the near future or go for further studies and avoid job market for the time being? Many have dropped off ideas of MS in USA for job prospective in US are also diminishing. Many in core engineering fields like Chemical, Mechanical, Electrical feel that they are better insulated than the IT and its auxiliary fields. However, India's industrial output figures are in red and show a drastic drop. These are tougher times and no definite answers or predictions are possible, making the situation more precarious.
The Mumbai terror attack brought the whole country together and forced the politicians to change their callous attitude and drove the caste, religion, region based political gimmickry to backseat. The small silver lining of the terror attacks was the uniting of Indians and emergence of a sudden need for change and the want to a part of the change. It has draw attention to the sorry state of the Police establishment and lack of co-ordination between various Intelligence agencies. I seriously hope that things do change for good!
The India-Pakistan Cricket clash doesn't interest any Indian anymore. Australia has replaced Pakistan as our traditional rivals and the Perth-Sydney tests acted as the foundation stone for the extreme rivalry. I am happy India has ended on a winning streak (I include draws also) against the Goliaths of the Game. Sports seems to be gaining focus again as India won an Individual Gold for the first time as also a medal in Boxing. Suddenly sports other than Cricket like Chess, Boxing, Football seem to be promising for many. A nice change!
Ah! Now my class has changed as well. Many might remember the IPC lectures. Oh it was remarkable! Paper balls, Rockets, Planes, Navy Carriers, Sabotages to name a few. It was a complete Balck Ops! - A coup d’état. Boy! Initially I was against the coup but then the ops became justifiable and well deserved! I cannot reveal much but it was fun, exciting, and a struggle which brought us at par with our seniors.! Full stop!
Change is the only thing that doesnt change!
This year it seemed to be exceptionally strong. US prez in wait - Barack Obama has strengthened my feeling! So be it Change!
This year I will welcome new year watching the Pirates of Carribean-III and then go back to study Entrepreneurship Management. I hope I get a tripod for my camera and also learn new stuffs about photography.
Resolves are there but not for revealing!
Happy Peaceful New year !
Happy
10
00
00
1001
:-)
The cyclic fall and rise of US economy is common. US economy has faced growth and decline once in every or two decades. US economy has enjoyed its best years between 1989-2000 and as the saying goes anything that goes up has to come down! but this time the effect is felt world wide due to globalization. First Sub-prime Real-estate then Financial & Investment services then Auto Giants! (Analysts expect a L curve on economy but even they cant speculate till when!) Economy giants like US, UK, Germany are in red while others are in slowdown mode. It is unbelievable as to how rapidly the market and industry has changed from one of strong, hearty, cheerful to somber, sad, ailing, depressed one. In such turbulent times, we as students face a terrible dilemma. Should we accept the campus job offers and hope for the storm to pass off in the near future or go for further studies and avoid job market for the time being? Many have dropped off ideas of MS in USA for job prospective in US are also diminishing. Many in core engineering fields like Chemical, Mechanical, Electrical feel that they are better insulated than the IT and its auxiliary fields. However, India's industrial output figures are in red and show a drastic drop. These are tougher times and no definite answers or predictions are possible, making the situation more precarious.
The Mumbai terror attack brought the whole country together and forced the politicians to change their callous attitude and drove the caste, religion, region based political gimmickry to backseat. The small silver lining of the terror attacks was the uniting of Indians and emergence of a sudden need for change and the want to a part of the change. It has draw attention to the sorry state of the Police establishment and lack of co-ordination between various Intelligence agencies. I seriously hope that things do change for good!
The India-Pakistan Cricket clash doesn't interest any Indian anymore. Australia has replaced Pakistan as our traditional rivals and the Perth-Sydney tests acted as the foundation stone for the extreme rivalry. I am happy India has ended on a winning streak (I include draws also) against the Goliaths of the Game. Sports seems to be gaining focus again as India won an Individual Gold for the first time as also a medal in Boxing. Suddenly sports other than Cricket like Chess, Boxing, Football seem to be promising for many. A nice change!
Ah! Now my class has changed as well. Many might remember the IPC lectures. Oh it was remarkable! Paper balls, Rockets, Planes, Navy Carriers, Sabotages to name a few. It was a complete Balck Ops! - A coup d’état. Boy! Initially I was against the coup but then the ops became justifiable and well deserved! I cannot reveal much but it was fun, exciting, and a struggle which brought us at par with our seniors.! Full stop!
Change is the only thing that doesnt change!
This year it seemed to be exceptionally strong. US prez in wait - Barack Obama has strengthened my feeling! So be it Change!
This year I will welcome new year watching the Pirates of Carribean-III and then go back to study Entrepreneurship Management. I hope I get a tripod for my camera and also learn new stuffs about photography.
Resolves are there but not for revealing!
Happy Peaceful New year !
Happy
10
00
00
1001
:-)
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