Is my job at risk from the credit crunch?
Vinny | September 30, 2008I just read that the American treasury has rejected a $700bn proposal from the US government to bailout the current financial crisis that is hitting our globe on a major level. This is getting scary now! What if the credit crunch gets even worse than it already is? The first thing that came into my head for some reason was my own job! Is it in danger? I work at a carpet company in London called, Allied Carpets and I know that my managers have been stressing out big time over the current economic crisis. After all, it is so expensive to move house these days so who would want to go out and buy carpet!?
Additionally, my company have not been comforted by the recent turmoil that bedroom furniture specialists,
MFI have had to deal with. They were recently saved from bankruptcy by a mangement buyout after sales were hit by the property market downturn. Mfi were boughtout by MEP in 2006 for roughly £1 as the property market was in complete turmoil. The buyout also means that their staff can rest easy as they know their jobs are safe from the credit crunch.
I wish I could say the same about my job, I am getting more and more nervous everyday about all this recessions stuff. Everyday it seems that something new and horrific has been announced! Well, I have my fingers crossed and I suppose that is all I can do.
With all the build up to this event, I can tell you now that it was well worth the wait. Swiss adventurer and pilot Yves Rossy has now officially entered the book of records, after becoming the first person to fly across the channel using only a single jet propelled wing.
the wings that Yves Rossy actually wore could be easily replicated to a mass market. Although he had to jump from an aeroplane, what is there to say that future technological advancements cannot see the wings being created into actual flying apparatus? What I specifically mean by this is that wings can only be used for gliding, they will have to implement a kind of hidden propeller, so that you can control throttle making it easier to land.




