Archive for the ‘Commerce’ Category
recession…gloomy work..and the X factor
Life is pretty hectic with work just piling up like crazy…the “Work In” box just smirks at the “Work Out” Box from a distant top ! And outside the workplace, things are as gloomy, with every possible news page screaming about the recession and portending the evil effects of the same…the only web pages that won’t seem to talk about recession might be the ones with a couple of ‘X’s in their rating 
I have somehow always believed that the concept of recession has got a high degree of virtual touch to it..something that is a result of that one big economic disaster that has cascaded all the way down through the smallest of the business ‘tributaries’ and thus spread just an air of cautiousness which in turn results in companies falling prey to this. My point is, if we keep asking “what if disaster had not hit it?”, from the last affected firm, and work our way back in history to the ones initially affected, then there could be a high probability we will end up concluding that the initial hit had just spewed its effect on the others….than actually exposing the blaring loopholes of an economy..By making this statement I am also inclined towards accepting what Mr. McCain (remember he was the republican presidential nominee for USA 2008 elections?) had said in one of his address that the economy was fundamentally strong. This comment of his did bring a lot of ire from all quarters on his understanding of economy, but when we look back, may be we should give credit to this old man as he might just be right there.
My point is this. The day the powerful economic corridors of the world smell the stench of recession in the form of a collapse of a stable establishment (we could read Lehman here, for the sake clarity!) they should take it upon themselves to ensure that this wave does not crash upon the remaining. It is easier said than done, but the fundamental to a stronger economy lies here and we should all invest in finding a solid mechanism to achieve this. Else, it will always be a fission reaction waiting to happen.
