| Author |
Message |
kulman
Senior Member
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
|
   Posted: 14/Jan/2009 at 4:31pm |
Originally posted by rakeshmehta48
Kulman bhai
The situation is much worst here, than one can imagine. |
Oh yeah? I've also heard few horror stories from Dubai & RAS.
I guess the damage from 'excesses' seems beyond repairs as of now. Is there any chance of real recovery at least by 2014?
|
|
Life can only be understood backwards—but it must be lived forwards
|
 IP Logged |
|
|
|
 |
|
kanagala
Senior Member
Joined: 31/Mar/2007
Location: India
Online Status: Offline
Posts: 1229
|
Posted: 14/Jan/2009 at 11:04pm |
Originally posted by kulman
It's the great escape by Indians who've hit the dead-end in Dubai.
Local police have found at least 3,000 automobiles -- sedans, SUVs,
regulars -- abandoned outside Dubai International Airport in the last
four months. Police say most of the vehicles had keys in the ignition,
a clear sign they were left behind by owners in a hurry to take flight.
|
Baap re!
Lots of Indians with little/no experience were recruited during recent boom in the gulf/Middle-east. It was appearing too good to be true. So it was another bubble afterall. Now that it is bursting, it would be very tough for the petro-dollars dreamers.
|
Head about similar stories in US during dot com bust.
|
|
While one person hesitates because he feels inferior, the other is busy making mistakes and becoming superior.
|
|
IP Logged |
|
|
|
kulman
Senior Member
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
|
Posted: 20/Jan/2009 at 9:51am |
Faced with a job market that gets tougher every day, out-of-work professionals are heading to the service sector. |
Though the news is from US, .....whatever happened in the West......
|
|
Life can only be understood backwards—but it must be lived forwards
|
|
IP Logged |
|
|
|
shivkumar
Senior Member
Joined: 02/Oct/2007
Location: India
Online Status: Offline
Posts: 2037
|
Posted: 20/Jan/2009 at 10:00am |
|
Yesterday there was a report of companies tying up with Alcoholics Anonymous to counsel their executives. And today there is news that United Spirits' net is up. That is because Vijay Mallya is hauling in the catch!
|
|
IP Logged |
|
|
|
rakeshmehta48
Senior Member
Joined: 01/Dec/2007
Location: United Arab Emirates
Online Status: Offline
Posts: 544
|
Posted: 21/Jan/2009 at 4:23pm |
Originally posted by kulman
I guess the damage from 'excesses' seems beyond repairs as of now. Is there any chance of real recovery at least by 2014?
|
Very tough question for me to answer. Cann't express more on this except that things are pretty bad at the moment.
|
|
Fund Management is Most Important
|
|
IP Logged |
|
|
|
myshr
Groupie
Joined: 03/Sep/2008
Location: India
Online Status: Offline
Posts: 51
|
Posted: 24/Jan/2009 at 7:37pm |
|
Thank you Kulmanji, Thank you Basantji.
No more identity crisis for me. Always wondering am I a Bull? Am I a Bear?
Now reading through this topic, I find that I am Just Another Mungerilal.
Bearish in bullish times; Bullish in Bearish times.
|
|
IP Logged |
|
|
|
kulman
Senior Member
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
|
Posted: 22/Feb/2009 at 7:38pm |
Originally posted by rakeshmehta48
I guess the damage from 'excesses' seems beyond repairs as of now. Is there any chance of real recovery at least by 2014?
|
Very tough question for me to answer. Cann't express more on this except that things are pretty bad at the moment. |
Rakesh Mehta jee..Dubai's missing cranes and fleeing Indians
I also heard from my friends that the situation is worsening day by day.
|
|
Life can only be understood backwards—but it must be lived forwards
|
|
IP Logged |
|
|
|
rakeshmehta48
Senior Member
Joined: 01/Dec/2007
Location: United Arab Emirates
Online Status: Offline
Posts: 544
|
Posted: 25/Feb/2009 at 5:17pm |
Originally posted by kulman
Originally posted by rakeshmehta48
I guess the damage from 'excesses' seems beyond repairs as of now. Is there any chance of real recovery at least by 2014?
|
Very tough question for me to answer. Cann't express more on this except that things are pretty bad at the moment. |
Rakesh Mehta jee..Dubai's missing cranes and fleeing Indians
I also heard from my friends that the situation is worsening day by day.
|
Edited by rakeshmehta48 - 26/Feb/2009 at 7:52am
|
|
Fund Management is Most Important
|
|
IP Logged |
|
|
|
Active Topics
Memberlist
Calendar
Search
Help
Register
Login
