Well into my first week of 'officially' doing nothing, but otherwise doing a lot I can say I have discovered a few things. Foremost among them is the fact that Bangalore does not have that much traffic at all! Surprised? Even I was, because rarely, if ever at all, have I ventured into the heart of the city between 11 AM and 5 PM on a working day.THIS is the time, Bangalore has no traffic at all.
In the process of learning the ropes of Financial Reporting and Accounting from pre-course learning material, at least I have figured out the difference between Expense and Expenditure. Being a layman to the domain, I should say it is no less than a discovery, albeit a technical one.
One of the first things that hits me when I converse with people is my inability to say I work for so and so. A momentary lapse of identity is quickly replaced by the realisation of what it meant before and what it will mean in future.
My break, simply, has started in uncertain times. Overall, there is a lot of grimness about how the events will unfold in the next eighteen months. Indian Banks' revelation on exposure to Sub-Prime Funds, recession fears(? or!) stalking Indian and global markets have started a ebbing phase which will be sustained by impending elections in the US and carried over by elections in India. Bolstering the fears are falling industrial output in Indian manufacturing, sky rocketing oil and gold prices,5.1%-nine-month high Inflation rate in India, 0.6% fall in US retail spending and analyst opinions that US recession could muster enough rubble to match the recession of the twenties.Yesterday's Bear Stearns bailout story is just another nail in the coffin. This is going to be one long year if not a longer eighteen months.
So, while the next twelve months will test a lot of new waters,cause there is bound to be many a storm, on the personal front optimism is rife because behind the dark clouds are a thousand suns.
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