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Every one knows that world is suffering from financial crisis these days and it seems that this situation will continue for more time. Keeping past is consideration, we can say that IT/Software Industry always take effect of such things very badly. We know what happened after 9/11 specially in Pakistan. That time I was working in a software house as VB6 developer. This also effected our company and lot of us included me were terminated. So the question is that is Pakistan SW  industry capable enough to tolerate this new fear?…………….I think Yes to some extend as now our industry has established itself. Most of the software houses here have projects which are required to run the business of a client like NetSol has leasing softwares, i2c has banking related softwares etc etc. So I think we can servive this situation infact curretnly serviving. No doubt it will have some impact on our industry but hopefully won’t damage us much…………………………..What you guys think? please share your thoughts….