since i can't still blog about my son's walk down the aisle (heaven knows when we'll be able to get copies of his photos...), i just want to take time out from the frivolities of our life, which ain't much i tell you, and grieve here on the worsening financial crisis, which is not only happening in our country or in asian region, but around the globe; and it's really paralyzing to know that developed countries like united states of america, japan, and iceland are the first to be hit.
we're really feeling low tonight. it's actually jude who started it and the first to greet me as soon as i arrived home from work was his news that the philippine stock market sharply declined today; his pensive mood over this matter is contagious and i end up now more praning. *sighs* i really feel that there's a looming invisible war and i don't know how am gonna shield my family from all its devastations and effects. i became, and i think this is also holds true for jude and the other parents as well, more concerned with the matters of the world since i had my son.
i'm not ranting because we have so much investments to worry about. we only have a few shares in some publicly-listed companies and mutual funds, which i earmark for our retirement for the simple reason that we don't want to be a burden to our son when we get old; while our bigger stake is in jude's company based abroad, and this we save for our son's college education along with jude's lump-sum pension that will mature 15 years from now. the money involved may not be significant to some but for us, it's already our future!
and against to what our current neda chief opined in the news this evening, this economic downturn will all trickle down to the middle-class and the poor sooner or later. (i really can't figure out why a non-economics graduate heads the economic planning department of the country) because more than the stock market and peso value crashing, what's bothering is the threat of all these again on employment, which i think is the one that really scares me. no one can give the assurance right now that his company is a very stable company and his job is a very stable job. though i am keeping a job, jude remains to be the breadwinner in our family and just the thought that he will lose his job already makes me cringe. again, it's nakakapraning... and very, very disappointing. i already planned 2009 as early as now but with the turn of events, i think i have to forget some of those, which is to be a full-time homemaker as number one in my list (it's always... but it never ever happened, hehe).
we also probably have to think of plan B just in case worse comes to worst, like migrating? hehe.
jude thought that we cut corners in some items, which i think is an extra challenge as i already trimmed down our expenses. i hope to give up the things that matters significantly to us but i think those would also have to go when there's no other choice left.
*sighs*
i just hope that things will get better very, very soon.
