Gloomy Economy

BAD BAD BAD are the days with recession and its para effects in the world economy.Its sad to read and see those news. From rags to riches and back to rags is the story around.The downfall in US economy has hit badly the major world economy.People losing their job, business slowing down/closing down. The lower class people are the most affected and they are so poor they cannot afford the poverty. Wish we could have n number of Mahatma Gandhi's around in this worse kind of situation atleast the Mahatma would have ensure two time meals for poor and lower embedded people. By grace of laxmi lord the creamy class are still enjoying the luxury of life, not even a single inch of compromise of the situation and getting affected by the
situation.




Wish Mr Karve's family planning deviced would have being a big hit that time, he cannot go ahead with his project. The population issue would have been resolved and Govt forced to think about the country men. The team of 5 sisters and 5 brothers is now a team of army and still going strong ahead to have atleast two kids for their lovely family with a boy and girl child or plus if two are girls, its a scary situation for India in terms of population. In rural area the factory wombs are busy churing rice paddy fields just sow them they are up in the market after nine months, no comments from me for minority community. The urban side are right now busy taking care of their retirement plans with two kids and bank balance trim full with EMI cuts.




Middle/upper class, familys are busy getting to get their kids to top most educational institutions without a second thought are we killing them internally as few ounce brain can torelate these bulky ship school bags, again worried, them to get stabilise them in their recession time and good times.




Well thats India, going with Satyam, so the greed of money has again taken toll of investors, India IT Image and many many things, as this is just the tip of IT-burg. Well currently the gentlemen on the board and employees are working to clear "Raju bangaya Gentlemen" magic to reality. I wonder how how how how can this B Rama-langda Raju, walk through straight and perfect for so many years and putting so many people in jeopardy and people losing their life savings into bulls and bears claws, what i feel there makes a real sense of M A Y T A S is the mirror image of S A T Y A M and now both cannot face each other being Mr R A J U ne U J A R diya saab ki jindagi. The greed is for 1000 crores, 5000 crores and more and more till they get really stuck in this Zero's cob web with no signs of getting out. Question is really they need that money for their current needs and life, not possible a real talented guy cannot earn so much with honesty and dignity. Truly said by Mr Narayan Murthy respect, honesty and dignity are the real crores one earns in this world. He is off the dirty linen to get washed off.



The ripling affects is more in EU and America with layoffs and layoffs everyday, so come Monday its a bad way to start the week, probably these voilent economy need to be given a second thought by Mr BO. US markets layoff is in bulk probably its a credit market where business and normal people run their day to day activites on credit cards. In India definitely the potential savings capacity is humungous which has help atleast the economy not come to zero. People in US do not have huge saving plans, since Govt takes care for their retirement plans. Also in India huge amount of black money is stored in the backyard. Probably the market should get streamline say after one year with atleast people having their regular activities on.

I am not a economist but, the feeling is like can't we set the market to neutral stage rather than always gearing up on top gear and low gear in a much safer way, this would help steady growth of all economies, cause in the above scenario the hand to mouth people get ruined away and mouth-ful of people always remain on a higher gear.Small scale industries have almost closed down their activities, with no orders around big industries scaling down their activities and seasonal business almost vanish. Pre - Christmas period seems to be a hustle and bustle period for industries in India, they get huge amount of orders during this period but this time due to recession in US, most of the units manufacturing gifts items have shut down. You can see almost major shopping malls, restaurants, departmental stores running empty with hardly any smile left on the salesman faces. The sudden gush of workforce which was running towards employment, recruitment are slashed badly.



Going forward hoping for speedy recovery of Mr.Economy, Lets wait for the best.