That was the main focus of the news this morning as I perused a copy of Metro on my way to work. I was shocked.
What is going on? What is happening to our economy, Are we all gonna suffer for this?
These were a few of the numerous questions I asked myself as I sat reading my copy of the Metro newspaper on the train. The most painful aspect of this news is the large number of people that might loose their jobs.
About 40,000 jobs might be on the line the newspaper reported. I can only imagine what thoughts will be running through the minds of all HBOS's employees.
Would I be affected? No,I am too important to the company.
What if I am sacked, where would I start from?
What would be the criteria for sacking us?
Jeez, I might not have a job again in the next few days!
I would have been asking myself these questions as well.Why, you might ask. Well, just a couple of weeks ago, I was working at HBOS. Thankfully, I am no longer there but I do feel the pain of every worried employee. It is not the best position to be in at this point in time. A time of financail crisis.Everything seems to be going up in price and it's a matter of concern for everyone and I mean everyone.
As I reflected on these, I suddenly realised that there is another set of people who might also be worried sick. You might wonder who but they are the customers.
Minds would be racing,calculating,scheming and thinking of the next move, the next line of action.
Should I cash in my investments?
Should I change my mortgage provider?
Am I covered just in case any unforseen problem arises?
These and many more questions would be racing through customer's minds at this present moment but as I sat there reading every single word and trying to digest it, I realized that they probably need not worry.
This is a trying time for the economy and I would say from my own perspective that its a time to be much more closer to God. I need him and you need him as well.We all need him.
To everybody worried at this moment in time, I would say hope for the best but above all trust in God to do the best for you.
Feel free to voice your opinion about this issue and as it is a pending and pressing one, I would soon be back with another post regarding the financial world,the credit crunch which is about to envelope us all and the effect it might have on us all.
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