Thursday, January 8, 2009

Recession

It was shocking to believe that recession in the Western world especially US and Europe has resulted in a poor guy from a remote village in Karnataka, India lose his job. Yes you read it right. But even I was curious to learn how.

About 16 year old guy called Shankara from a remote village Aghanashini in Kumta district Karnataka was employed in a boat house in Allapy Kerala an favorite holiday destination for the foreign tourist in Kerala. Because of recession and fear of losing jobs both national and international tourist opted to have a simple holiday season and stayed home or visited nearby places and hence Allapy witness peak fall in business, consequence the boat house owners decided to sack it employees and Shankara was one among them.

After listening to this all I can say is, truly our country is globalised

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