Friday, December 12, 2008

Current Recession

5:18 PM
Uday : U tell me sir how the life is going & how u cn visalise next 2 yrs time period overall ?
Me : see everything is good, for that particular point of time, Today is good and tomorrow will be too, for me ... everyday are fine ...I’m little bit recession and inflation proof, as my desire is limited but coming days are tough for those who were greedy in nature.

5:21 PM
Uday : anhhhh ..
Me : and the era has not yet started I foresee 4 years in row like this

Uday : 4 yrs ????????///
Me : till 2012 see every country says they have bailout falana ..dhikana...but money is virtual money not real ... it depends on the volume how much real money comes in the hands of people who are ready to spend again ...on the goods and commodities.

5:24 PM
Uday : yes
Me :this is a very joking situation where the world's economist do leads the world to. These steps are not fruitful in near future. It will take at least 3-4 year to bring the result.
These are very liberal steps taken to help those who have given political contributions to the parties in the first instance. Public will get benefited from these steps later on provided these people decides to pass some of the benefits to the public.

5:30 PM
Uday :I got it ... its all a game.
Me :somewhat
Uday :and people are befooled in name of rescue packages .
Me :yes, This happened only due to uncontrolled economy which western country insisted through several International agreements... “Greedy Capitalism”. It was true that when you are following capitalism then strictly follow it. You should not bailout those who have been hanged out due to their Greediness.

Uday :Yes, last month in our board meeting the former president of Munich stock exchagne, Germany informed us the same thing that there are two things that guide this world .. greed and fear ..

Me :Why Govt. should spend money to rescue them as if they were the savior of the world.
Uday :that’s true
Me :Till today, in every economist book for capitalism, there were no topics of Bailout for industry. Else there were assumptions that economy itself react and world believed in its own mechanism. It is their fault and let them suffer, otherwise world will never able to write correction chapter to the capitalism, a chapter missed till days.

5:35 PM
Me : From the day one, Capitalism had this limitation. It never accepted the fact that people are greedy. Hence nobody had written a chapter to save economy from the result of such greediness.
Uday :Now, so it is the time to witness its effect to the full extent and hence we can write a true chapter to save the world from capitalism.
Me :No dear, there is no necessity to save the world from Capitalism, else it is time to remold it. But I fear, I doubt the true intension of the great leaders of the great countries. They are feared for their political contribution from the industry and hence will not follow the capitalism itself and shall write a biggest white corruption chapter of the mankind history instead. Ok Dear , I have to leave C U.

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