Last night I watched a speech delivered by US presidential candidate Barak Obama in the congress.. I think he delivered one of the speeches of our time. Finally I think he managed to convince the congress to vote for the $700 bn US bail out plan. Anyway the bail-out plan is approved but we need to sit back and see whether it'll be enough to take us out of this mess created by Wall St. executives. Even yesterday alone there were around 1200 job cuts here in London. Financial sector is the worst hit area by this. Technical jobs are still safe for the time being but I don't how long that will last. I hope it won't be anything like late 90s free fall. Below is an article I found how current credit crunch will effect the techie. I hope it'll be informational to my techie friends.
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