I am worried about what is happening in US of A. We were all looking at this country, with awe, due to its economic power and now the news is that the system is slowly crumbling. The recent debacle relating to AIG and the fallen Lehman Brothers almost brings the employees in every other MNCs' a thought or two about there own employment status. The Government, through Mr. Chidambaram has assured that we are not much effected since our exposures are miniscule. Man of many words, Mr. Montek says that ""We have not been as exposed to these new and innovative instruments, which have been the source of financial distress internationally... So I do not think that direct impact on the Indian financial system is going to be significant at all," .....so thats a big relief.
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