Wednesday, September 19, 2007

Who is the boss!



Precisely at 14:15 hours Eastern-time on Sept. 18 in US of A, money.cnn.com representative announced - Fed cuts rate by 50 basis points. And behold, who got affected? Wall street nerds? Lehman Brothers' equity experts?? or maybe, around a million software developers back in India?? Say that again! Indian coders, who at 23:45 their time, normally would be having a drink at a bar or taking a hard night sleep, are eyes wide open for this dry a stuff (fed is not definitely non-boring)! Yup, today they were awake, desperately pressing F5 to get latest news on if Fed is going to do something to bail out US economy out of mortgage mess.

But why were they bothered?

Because US economy means jobs for atleast 65% of those million. It goes down, and the scarier-than-WW III clouds, something akin to
2001 recession, start filling minds of these nimble souls. But why blame them. Everyone from ugly Indian Left to weirdo european peace-nickers to lead-overdosed chinese manufacturers may frown upon the US, but any given day none of them could breathe comfortably without the financial engine of planet gushing in full speed. And in the process, continuing to tease the whole world with one single question - who is the boss!

I am sure the answer is not that tough to guess (unless ofcourse you are the president :-)

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