I consider myself lucky, I'm pretty insulated from the bad economy at the moment. I have my usual struggles with paying exorbitant school loans, but it's nothing compared to what some other people/families have to go through. I know my own family has seen leaner times than this. But the economic crisis really "drove home" to me when my brother lost his job a little more than a week ago. He was an excellent manager, with a clean record and outperforming results. And yet, from one day to the other, he is unemployed. Since then, I've followed the crisis with even more familiar urgency. Here are two articles from the world: Dubai and Europe, drawn into the same economic spiral.
Europe slump deeper than expected
http://www.nytimes.com/2009/02/14/business/14euro.html?_r=1&hp
Laid-off foreigners flee as Dubai spirals down
http://www.nytimes.com/2009/02/12/world/middleeast/12dubai.html?scp=2&sq=dubai&st=cse
Sunday, February 15, 2009
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