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And Rick got the Pink slip!

    If you're not aware of the term "Pink slip", it means, someone got laid off. They were fired or "Tfannash" as they would say in the Gulf area.

    Rick, my cross-dressing, retirement age, depressed, single neighbor was handed his pink-slip last week. The poor man was 1 year away from retirement, now he doesn't know what to do

    After working for 30 years at his company, waking up at 3AM to be on site by 4AM. He, along with at least 3 million other Americans are now jobless, in what appears to be, the greatest depression since the great depression.

    Let me tell you this, the situation is so bleak, that you really can't start to imagine the real dimensions of this global catastrophe, trust me, this tidal wave is heading OUT from its epicenter in the industrialized world and it will swipe away more than we can imagine

    No matter where you are in this fragile world. Strange though, Depression in both meanings is spelled the same way!

    Read all of And Rick got the Pink slip!

    Impending Disaster?

    I was flipping through the few Arabic channels that we get over here and landed on Dubai Satellite TV as they were showing the economic report. Everything appeared peachy and profits are up from the same quarter last year (2008)

    The problem is that you don't need to listen to the government run TV station to realize that there is a huge discrepancy in the story here. The world knows that this economic crisis is large, deep and far reaching. There's no escaping it! No matter where you are

    Even if you were in Dubai or Abu Dhabi. So is there a disaster in the works?

    Read all of Impending Disaster?

    Due to bad economy, we're cutting back

    Memories documented will be cutting back on flattery sentences for its readers. We hope you will understand that this was a tough decision during these hard times. It was just no longer feasible to keep calling readers fantastic and amazing when many were anything but!

    Read all of Due to bad economy, we're cutting back

    My thoughts on entrepreneurship, and common delusions

    Entrepreneurship: It is the new buzz word in our part of the world. It's all over the place. In the news, on the blogs, events and activities and just about everywhere

    But what is missing from this picture is far greater than what is being communicated.

    The truth is, 9 out of 10 businesses end up failing within the FIRST YEAR. Some people cite innovation as a way out of this. But innovation alone own isn't enough. I can give many example of major companies who focused mostly on innovation and ended up barely able to compete.

    Read all of My thoughts on entrepreneurship, and common delusions