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Would you Rather Be Happy or Rich?

January 3, 2009

Timely article..

IT is that time again when it is customary to wish everyone a Happy New Year! The operational word is, of course, “Happy”!

But it may not be so for this year, if what have been forecast for 2009 is to be believed. Many pundits have predicted that the worst is in store with unemployment on the rise as more companies fold up. The stock market is predicted to be on the decline with extreme volatility.

Recession and depression have not been completely ruled out. Bailouts, even nationalisations, will continue, and the global confidence in the US currency will stay low.

More will be facing severe hardships for the first time in their lives. The US is essentially bankrupt and running on borrowed money and borrowed time, according to one authoritative opinion.

via The New Straits Times Online…… .

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