{"id":585,"date":"2008-09-17T10:59:26","date_gmt":"2008-09-17T05:29:26","guid":{"rendered":"http:\/\/wokay.in\/?p=585"},"modified":"2008-09-17T10:59:26","modified_gmt":"2008-09-17T05:29:26","slug":"the-worst-is-yet-to-come","status":"publish","type":"post","link":"https:\/\/www.aadisht.net\/blog\/2008\/09\/17\/the-worst-is-yet-to-come\/","title":{"rendered":"The Worst is Yet to Come"},"content":{"rendered":"<p>In addition to ITC and UB becoming employers of choice, one further consequence of the investment banking meltdown is that Chetan Bhagat might soon be unemployed.<\/p>\n<p>I can&#8217;t decide if this is good or bad. On the one hand, unemployment might mean he would start writing full time, and we would face the horrific prospect of a new Chetan Bhagat book every year. The horror!<\/p>\n<p>On the other hand, it might force him to actually get a real and respectable job, like becoming a traveling salesman for Fair and Louwly in Coastal Andhra and South Andhra. True, he would probably be completely out of his depth at honourable work, but I&#8217;m sure even Chetan Bhagat can learn. And if that happened, he would have no time to write, thus sparing us all.<\/p>\n<p>I feel that the pessimistic case is more likely, for the very reason I mentioned yesterday: in a depression, the vice economy does well. There is a lot more pain ahead.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In addition to ITC and UB becoming employers of choice, one further consequence of the investment banking meltdown is that Chetan Bhagat might soon be unemployed. I can&#8217;t decide if this is good or bad. On the one hand, unemployment might mean he would start writing full time, and we would face the horrific prospect [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[4,7],"tags":[447,498,794,1097,1116,1584,2313],"class_list":["post-585","post","type-post","status-publish","format-standard","hentry","category-arbit-fundaes","category-books-movies-and-music","tag-chetan-bhagat","tag-coastal-andhra","tag-financial-crisis","tag-investment-banking","tag-itc","tag-one-night-the-call-center","tag-unemployment"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p7AOU2-9r","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.aadisht.net\/blog\/wp-json\/wp\/v2\/posts\/585","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.aadisht.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.aadisht.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.aadisht.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.aadisht.net\/blog\/wp-json\/wp\/v2\/comments?post=585"}],"version-history":[{"count":0,"href":"https:\/\/www.aadisht.net\/blog\/wp-json\/wp\/v2\/posts\/585\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.aadisht.net\/blog\/wp-json\/wp\/v2\/media?parent=585"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.aadisht.net\/blog\/wp-json\/wp\/v2\/categories?post=585"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.aadisht.net\/blog\/wp-json\/wp\/v2\/tags?post=585"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}