Featured Article

The Financial Crisis Hits India: Death of an American Dream for Many

By Priti Sehgal |

by Priti Sehgal
- India -


sehgal_americandream.jpg
As the financial crisis spreads to India, many struggle to hold onto the once revered "American Dream."
The United States was once a dreamland for many of us Indians. The US label – whether American-brand apparel, a pleasure trip to the US, a higher education degree from anywhere in America, a short training program, a job or the ultimate dream of a family member settling down there – used to be enough to elevate one's social status in India. Given the current financial crunch in the US, the American dream is dying for many Indians.

Not long ago, the Hindustan Times carried a front-page report about an Indian murder-suicide in Los Angeles. "Indian in LA kills family, self," screamed the headline. This was followed by the sub-headline: "Unemployed victim of US financial crisis shoots wife, three children, mother-in-law."

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