Wednesday, September 17, 2008

The world in turmoil

These past 2 weeks have been pretty sobering, in terms of trying to find peace amdist the turmoil.

malaysia and thailand is in political turmoil.

china had 2 major incidents, the more heart wrenching one being the adulterated baby milk powder, and the other no less serious, the major landslide that killed over 250 people.

the US and central america got hit by 2 consecutive hurricanes.

but i think the closests to home is the world wide repercussion of the financial turmoil, a result of the irrational financial exxuberance of years past.

solid, statured financials companies of the past has rocked to the core, and this "perfect storm" of sorts is making even the studiest of financial companies shaky.

and it's impact is far reaching. Singapore, in its effort to become a financial hub for asia is starting to feel the impact. Hiring and spending is slowing and the domino effect is slowly! being felt by other sectors.

i guess it would take a very brave person to strike out on their own now. This is the predicament i am facing.

as i consider to incorporate my own firm, i am staring what could be the abyss of the future. True they say that in trying times is where fortunes are made, and i certainly hope so.

this afternoon, i got a call from a friend, and he was advising me to take shelter from the current turmoil and get a job. It is definitely enticing.

but what i am working on does present unique opportunities that cannot be overlooked, for better or worse.

and as if to drive home the point, a friend of mine called to say he's just been let go.

decisons, decisions!


Sent by SingTel MobileM@il. Dial *36245 for FREE email access!

No comments: