Thank you Mathew Hayden, for calling us 'third world'. As Sudhanshu blogs , things are getting quite bad in the 'first world' and 'second world'
From what I read, it looks like that at least for now, there is a lot of pressure to regulate salary. How come such a socialist attitude in the bastions of capitalism? One reason is that government money is being pumped into their financial institutions, and with that comes pressure to rein in the galloping pay packets.