People are now feeling the bite of the world economic meltdown. Business slowing down or worst closing. Project being put on hold indefinitely, the "wait and see" attitude is very much around. People being layed off, people reducing spending. And many more. This all because US ecnomy went donw to its knees. It is down but not out. If it thus, then it will be the worst economic crisis ever. As the saying goes, "if America sneezes, the world gets cold". This is true in all aspects particularly in economics.

It was not long ago when the Asia economy went puft! Asian business particularly Thailand were very much affected. One good thing about this previous economic crisis was that super-economies like the US were there to extend a helping hand. The current crisis in totally different as the helper is now the one needing help.

How long will this world economic slow down lasts? Nobody knows. The US government is trying to bailout the big companies which are crashing but to no effect.

So if you have a good job now, and have been looking for a better one or have signed up for one, you will be better off if you just stay put.