The double whammy is here – the traditional lean period for IT spending and new projects (Nov/Dec) and financial crisis causing every customer to turn into miserly Uncle Scrooge. Not their fault though; these days you try encashing a five figure check at your bank, and you might be triggering another bailout.
It may be catching up with us in many ways, mostly by way of the feeling of uncertainty at work. And for many others at this point it is like a train-wreck scene. You are horrified but you are transfixed, you just keep looking at it. More and more.
The 24×7 news channels bring the news of doom and gloom, with loads of statistics. If you are off the TV, Roubini The Economist is out to get you on the internet, he is doing 12 interviews an hour these days, he accepts payments in gold coins and ‘Apsaras’. If you managed to find time away from TV and internet, if only to go to the loo, Krugman is peeping through the NYTimes pages there, happy to take you down, along with the whole world.
I called a friend, and he started on how bad things are, saying one recent SAP conference, which used to have 2K attendees, had only about 800 this year.
I have heard some interesting stories about 2012 bringing the end of the world. If one listens to all the commentary these days, it can’t come soon enough.
I think the economic uncertainty is a worry of your employer, not of yours, at least not immediate. Your investments might have deflated, but you weren’t encashing them now. These may as inexplicably rise whenever it is your time to cash in (it doesn’t cost to keep your hopes up).
If there is less work, it means you may have more time. A good thing I would say. As long as you are getting paid. Which brings me to the point – what if you are laid off in these tough times?
If indeed you are laid off, you, my friend, have freedom. This freedom, though forced, will not have come by choice. Who knows what wonderful things it may lead to!
And so, before the talking heads and the Nobel laureates and missed bill payments get to me again, let me savor this moment and feel free.