Showing posts with label markets crash. Show all posts
Showing posts with label markets crash. Show all posts

Monday, January 12, 2009

Topsy-turvy

Ticktock

Die Finanzkrise ist jetzt fuer mich konkreter denn je, denn ich habe gerade erfahren, dass meine Mentorin nun arbeitslos ist. Und das obwohl sie ein ziemlich hohes Tier bei einer privaten Bank war. Keiner ist gegen die Wirkungen der Finanzkrise immun.

Bei uns im Buero ist die Stimmung auch sehr gedaempft. Es gibt da draussen einfach keine Kunden, die jetzt Geld fuer Projekte ausgeben wollen.
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This is economic environment is getting creepier and creepier as the days go by. I just found out that a friend of mine lost her job although she is very experienced. No one is immune. Only time will tell how much longer this will last.

Thursday, October 09, 2008

On the Market Crisis

Tie

This manager's on vacation now in Hawaii, but he left his tie hanging on the side of his cube. Since it was picturesque and meaningful, I decided to photograph it.

Being a stakeholder in the current market crisis, I decided to opine about it in today's blog entry. I'm affected by the collapse of our house of cards financial system. I hear about the drop in the NYSE or the NASDAQ every day. The value of my portfolio has plummeted so significantly that I can't bear to check it. Even diversification hasn't helped much because I have some international stocks in emerging markets, in European companies and in various industries and their stock value has crashed as well. This has now evolved into a global crisis and no one is immune.

America sneezes and everyone catches a cold.

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