A Jobless Recovery

Afternoon Voice

It happened on 15^th of September 2008 when the real estate bubble burst out and our small globalised village started facing a long financial crisis. The rising price of gold and the currency war between nations to sell their goods in countries by using their currencies has created a panic in the mainstream investment. The price rise of goods, the rise of sensex, the downfall of real estate investment is a broader concept for a common man to understand how these things are directly and inversely proportionate to this recession.

In between these recession where a common man who works hard to survive within outsourced India is afraid always to loose his job. Whenever his manager walks near to him staring him he is afraid whether his manager will fire him and then lots of things comes in his mind. How he will pay his credit card bills, Home loan, Car Loan, Bike loans etc etc. When a group of managers are talking in their cubical 100 meters away in a corporate house from him he thinks that they are planning for job cuts and he always think that it is he who will be fired first.

And when this person is fired his world is no more someone among them who is aggressive fights for his rights which never exists. Then he thinks to become James bond running from the office and jumping from the balcony by no means, he thinks to kill everyone but in reality the common man has no power on what he thinks.

He can’t become Jason Bourne who survives without food and lives in many different countries without money. Who can remember a map just once he has seen, can he become Jason Bourne?   

Though today sensex has reached at its highest point but it’s a jobless recovery I would say, a recovery without Jobs are not recovery it’s a phenomenon which will disappear as fast when some other Bubble will burst.