I don't belong to the doomsday cult and I'm not a pessimist, but there are reasons to believe that the future MAY not be as rosy as we may want to expect. India has had a honeymoon run in the past three years....everybody's feeling great....and there are a lot of jobs out there....But we have reason to believe that things might change. The US is going the recession way. Any American slowdown will imply a global slowdown and recessions in emerging markets like ours...The symptoms were clear yesterday.... the Sensex crashed not only due to a sucky budget but also because global markets are sniffing an American recession... and India's markets being more globalised than ever could not have stayed unaffected...
We've had it pretty good in the last couple of years haven't we? Plenty of jobs in the marketplace..higher salaries...lots to choose from....but any reality checks will force companies to constrict their recruiting habits...which will affect us directly...
Of course all this may never happen. In which case we may continue our dream runs.....but it's nice to know the possibilities
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