Wednesday, July 30, 2008

Slew of bad news

RBI hikes rated by another 50bps. Show me a bankruptcy form or a nice place to hide. My mortgage lender is after me.

Ever taken a look at air fares these days? Yikes. With these fares I could have flown around the world about a year ago. Now, it wont even take me to Chennai.

Inflation expected to be managed down to 10% by next year. Interesting means of population control. By then, half of India would have died of starvation. Actually, this may be quasi good news. The world needs fewer people.

No jobs anywhere. People getting laid off everywhere.

Gloom.

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