The worldwide recession is drawing to a close. It has been halted by stimulus package. The Asian countries have taken the supremacy over economy. China’s growth is amazing. India is carefully treading China’s curve. The dollar is losing its importance.A new currency will soon make an advent . The baptization of this currency ,which is going to be a mixture of euro, yen , rupee ,yuan and lira , will be performed shortly.
The world has not been as successful with employment as it had been with Economy. Job cuts still exist. U.S was the most attractive destination for Asians with respect to employment.. But , in the course of this economic down trend , a drastic lay off and an emergent disposal of jobs were enforced.
The resilient stayed back . But ,the less courageous returned home. The situation is still deplorable. There were incidents of suicide. The huge salary ,which placed the migrants in a plush alibi, has been withdrawn. They ,who had borrowed heavily , to purchase houses, cars , and other amenities could not make over their loans. They found themselves in enormous debts. With no revenue the liabilities looked so gigantic., and got magnified. This eccentricity drove many , not only migrants, but also natives to end their life.
The economy has been reformed. The employment is still in a pathetic wreck.The determined ,who stuck to the job , in spite of low salary , are in gripping fear. What is going to happen ? is the query boggling their mind. But , the sensitive ones, unable to tolerate the shoddy pay packs, have come out of the cruise. They are mopping in the dark, pining for the hay days, suffering for no fault of theirs. A serious consideration has to be expedited to resolve the burning issue. If not looked in time, there will be an outbreak of epidemic financial disaster in the guise of job loses.
Meenas Poems 