Lay-Offs and More Lay-Offs Each Day

Every morning, I would check my office email, personal email and read the on-line newspapers: inquirer.net and philstar.

And lately, there are a lot of grim news on lay-offs...and more lay-offs...

Intel.
Philips.

Of course, as an intelligent investor would say, buy low...
So this is also the time when mergers acquisitions are happening:

Pfizer buying Wyeth.

These Financial headlines give me goosebumps.

I know how it feels to be faced with so much uncertainties.
I've been in such a situation before.
The difference? The economy was not that gloomy yet. I knew I had options.
But what is happening now.

Lay-offs left and right.

Offices and plants shutting down.

I really feel bad.

Some may think that I am in a "comfortable industry" now.
An industry that proves to be resilient despite the economic times.

But I believe that everything is connected with everything.
It will all come around in full circle.

A better way to put it is, I am lucky to be in an industry that may get hit towards the tail-end of the slump if it doesn't pick-up soon.

It's so depressing.

The last time things went into such gloom was in 1997. During the Asian Crisis.
But I was still in college then.
Money came in easy.

Now that I am managing my finances and I earn my money, I can feel the slump.

I hope the great turn-around will happen soon.

Everyone deserves a good life.