Indrajit Gupta wrote:
As it happens, you are precisely right. 8 years ago was boom-time and exactly similar conditions prevailed. then came the melt-down due to 9.11 and the dotcom bust. Suddenly techies were a dime a dozen. Many of them sobered up. but new cohorts have joined or are joining every year. Conditions swung around sometime in 2003 end 2004 beginning. They have all the slimy habits the earlier ones had.
The indefatigable Indian stock market showed signs of turbulence today [0]. Now all it'll take is a downturn in the US economy [1] and I'll finally be able to buy a house larger than a shoe box in Bangalore.
Maybe I'll get a new car too while I'm at it too since I'm betting the traffic of shiny new cars would thin too. If one can dream, I'll also bet on fire sale prices on cars and homes by people too broke to pay their loans.
Having said this, and having watched how we treat them, they do have a justification - somewhere.
You can say that again. Cheeni [0] http://news.bbc.co.uk/2/hi/south_asia/4993520.stm [1] I'm sorely tempted to bet on the oil euro and/or the nuking of Iran
