Economy On Wheels

Business enthusiasm is evolving into a new form .
Evolution is a part of a process of change.
Change is part of a proforma of existence.
Existence is the end product of life.


The economic step down has pronounced a varied form of approach among the business peers.
There was a free exchange of transactions, after the opening up of the markets.
There was an instant growth in the economies.
That which is available in the North pole is freely tenable to the southern tip.
There was an extensive fanfare and a phenomenal growth in the financials.
This unlimited jackpot got an onslaught when the economy got twisted .
The deformation has mustered an unfriendly  and an undelectable peril.
The spirit of the businessmen got a severe jolt.


A two year compulsion of restricted commercials has opened an avenue of an ultimate change.
The reflex action has improved the cardinal principles that govern the sector.
The recititude of business  is a stigma that has been long forgotten.
The uprightness has surfaced now.
The integrity has been upheld.
The systematic approach , that was present long back , has been emphasised.
The alignment to virtue has been revitalised.
The enthusiam is in full bloom, that the business masters feel that they are in for another record production of wealth and prosperity.
A sigh of relief is felt.
There is a heave of relaxation .

Greece ,China Depress Markets.

Greece is pulling the euro zone,back into recession.
The debt ridden Greece has to be whacked up by Germany,whose economy has also stagnated.
The Greeks should cut off their spending to  get the nation's economy under control.
The economy has contracted by a wild .8%.
This cues has affected the stock market firmly all through the week.



China's announcement that it will raise the reserve ratio ,has brought in a keen dramatic eventuality.
The stocks fell in Wall street.
Gold also tumbled by $10.
China is one of the world's biggest consumers of commodities.
Its move to slow down the pace of its growth  has raised serious concerns.
The inference is China has lost its appetite for commodities.
Heavy selling pressure was seen in the Asian trade after the People's Bank Of China said it will raise the ratio of reserves bank must set aside by 0.5%, a second move of the year.

Globalisation has mostly compressed the economy in size and in merit.
A meticulous way out has to be worked out.
Can we conclude that Globalisation is in the brink of collapse?

A Ridiculous Study

Angus Deaton , the noted Princeton Economist, has cast serious doubts on World banks last upward revision of global poverty figures. 

His statement that the world has become poorer as India has become richer.
No study of economics indicate such dimensions.
He relegates that India's exit from the poverty line  because of its econmic growth  resulted in the average rising.


The Purchase power Parity (PPP) is the formula that is used to calculate the national poverty lines  of a group of the poorest countries in the world. This is done by converting them to U.S. dollars.
India emerged out of the poverty line in 2005.


Deaton argues that the Indian poverty line should be taken as standard , so that India does not get richer, thus the world does not become poorer

The findings Of Deaton are not proactive to the economic prosperity.
India is working towards an economic progression.
It has  opened  up the economy that , has brought in an assured promise.
Its entry into the Information Technology sector with a bash ,has  recorded an immense growth.

Overlooking all these vital considerations, the learned economist has concluded that Richer India makes the world poorer.
Pushing the country into oblivion by the dominant nations ,is a routine procedure.
Coming out with irrelevant demostrations are not expressive of the economists research..
Deaton should have studied the cause for Indian economic resurgence.
Instead he has presented an incomprehensible doctrine.

Comic Economy

The vast suject economy is being  torn and dismantled from the pinnacle of pride.
It is a grave ,sober, provoking branch of learning ,that also plays a major role in the commercial world.
The heavy subject can be classified into major divisions, that of Micro ,Macro, Rural, Urban,Agricultural, Industry, Business, Banking, Administrative
One more trivial detaied study has to be added to this already crowded classifications, that of comic  economy,in short.
The comical aspects of economy ,if atall they exixted, in the past, but now very much present, makes  the world a stage for conducting the vagaries of economy in their most laughter provoking deal.


The climax of thie financial part of economy was reached in the year 2008, when the whole world was washed ashore  by the great deluge of recesssion.
Countries splattered, Nations peeved, and the financial world bit the dust.
The misery was unexplicable. The most rich languages were bereft of words to express the melancholy.
yet the economy ,after getting beaten up savagely by the wrong policies made a rapproach, much to the relief of the commercial world.
It is slowly rising out of the embers, but it also shoves its head in the pithladen mud in shame and disrace.
The little risea day leads to a greaer fall the net day.
The compro economy is a debacle emrging out of falsities and treachery.
The habitation ,at large is unable to smile at the inconguernncies the economy has displayed,
it is suppressing the laughter to keep in mood to the deadly disaster.
Excess tragedy brings in laughter at times.
The same priciple holds good here.
 It has become a comical stuff delighting some, entertaining others, making a lucrative tableau to most

The Carrot And The Stick

Carrot and the stick is a beautiful representation.
It is used as a reference to the conclusion of events, fulfilled by the lenient ,insinuation or by forceful provocation.
If the ending is all is well, then the means and ways are not noted.
But ,when the summing up is a fiasco, then the path treaded is cursed.


So much so, the economy , is turning out to be mulish.
If you beat the mule, it will become a bad mule
.If you coax and cajole the beast, it would transform into a slightly better animal
.What deoes the world want,a bad mule or a better animal?
This is the question that is keeping us tagged , that is rendering us to spend sleepless nights.



The economy has to be pushed gently to reach the target.
It is in the hands of the earning breed, not in the pockets of billionaires, as it appears, nor in the wallets of politicians, as they project.
This class of people have o be kept in good humour, as the majority of the population comes under this section.
They have to be cared for. They have to be protected.
Health care reforms have to be implemented.
Education has to be made compulsory.
Infrastructure has to be redone.

The spending intent shoulod be curtailed.
The saving instinct should be flagged off.
More so ,the work culture as to be reinforced with vigour.


Pragmatically speaking ,we should design a world ,where work is worshipped, where modestry is practised, where truth is appreciated and where simplicity is welcomed..

Globalisation Tale.

Globalisation has brought thw world closer  financially.
It is together we prosper.
It is together we fall
This sounds the motto of the policy of Globalisation.


Erstwhile, individual nations,  had their own fiscal formalities, own exim policies and seperate identities.
The weakening of one economy did not affect the other.
The flourishing nation had the means to help the faltering one.
The progress , though was limited,projectedthe rich to become richer.and the poor did not became poorer, but were able to make moderate gains.



With the globalisation, set in an unusual prologue. The overseas inflow of funds baffled the nations, that they did not actually know what to do?They invested in stocks, in bonds , in warrants, unwarrantedly.
Did they do it after much rehersals?
nay they did a haphazard way of collecting wealth.
They did accumulate wealth, but as the sub prime crisis peeved in, the distress sale took over.
Economy became half dead.



Recently, in the U.S stocks were looking bright, but to everybody's dismay, it saw a fall today.Why did this happen?China has raised the interest rate to keep the inflation under control. This move of China got reflected in Wall Street ,provoking the stocks  to fall.
Hitherto, if China raises or lowers the interest , it was not a botheration to the rest of the world. It was its own internal curriculum.


Today, U.S is in a desperate foray. It has also to raise the interest , which Ben bernanke has postponed for a few momths. The economy is back to its leviathan cross mark.

An unforeseen predicament has developed.
What is going to be tomorrow?
Every day has its own tale

Economy -Disoriented.

Gold is climbing to heights.
Oil is getting up from its slumber of $70.
It is waiting at $80.
Stocks are behaving smartly.
Yet there is a eneral feeling of fear, a specific apprehension, a deliberate  derliction,that induces a censorship .


Why is it so?
The gnawing mind repeatedly prods.
Beseiged by such unwarranted dilemma , the economy sucks.
There is no replinshing folio
There is no relevant details.
There is no ravaging splurge.


The man made errrors have devestated the man made economy.
He was the one who created economy in course of centuries,by methodical research, by disciplined practise, by modest approvals.
it is again man, who has destroyed the economy in couple of years, by irrational behaviour, by greed , by deceit, and by treachery.


As a creator , he enjoyed glory and prosperity.
As a destroyer he suffers ignominy and poverty.


The inflationary trend has to be drastically acquitted.
the reason ,should be probed.
is it due to any black marketting?
is it due to any indiscriminatory concept?
Is it due to the desire to inflict disaster to the world at large



Any cantankerous alignment has to be laid bare .
Any dishonest dealing has to be exposed.
Any invalid transaction has to be eliminated.




Unless we do such policing and checking, the Economy could not be brought back to long term sustenance. A feather soft disciplinin g will ot deliver results.



.

India's March-Economy.

India is growing steadily .Its economy is making a buzz, a blow up,a vivacious explosion, but not an out burst.
It is ,when compared with China ,making a modest advancement.
China made geometric progression,but India is making an arithmetic increase.
China's multiplication is metamorphical.
India's add ups are metabolical.

The most populous counrtries were mired in poverty , during the 1950's..More so, India after the colonial reign.They did not work out any promotion.They dragged on in abject penury .They lost themselves in increasing the population.The per capita income was absolutely very low.

It was in 1970, the two countries entered into the world of trade and commerce, with certain hope.
China catapulated the opportunities. It slogged heavily .It was successful in finding a solid market for its goods.
India, on the other hand continued its lethargic indulgence.It was sarcastically addressed as "Hindu rate of growth"The bureaucratic tedium, the political intervention did suffocate the Indian enthusiasm


In 1990, India entered the scenario ,with a bang. The red tapism in bureaucracy was unfastened..The manufacturing epoch was established.The Indian products found a new dimension. There was a wholesome impetus to export and import .The exim policies were restructured. India opened its,so far, closed; doors to the world.

The auto manufacturers set foot in the Indian soil. The overseas banks,opened their branches. The  relaxation ,was so tempting, that investors enterd the stock markets too.. The buoyancy was so vibrant ,that India , so long , a country of snakes and fakirs,to the western world,achieved the status of a developing economy, -striding level headedly .Still its velocity could not match with China.

China and India remained steadfast during the recession. China felt the crunch a little ,as it depended on U.S market.

Statiscians expect India to overtake China , as China"s GDP is $4.2 trillion, while India's is nearly one third of it $1.2 trillion.
China relies on 80% exports, while India stands by 50%.
Weighing all these factors, the International Monetaryfund has predicted 8% growth ,for China, 6.4%, for India, and attributed a meagre 1,5% growth to U.S.
As we know the Hare and The Tortoise fable, we infer,ii is "Slow and steady that wins the race"