Tag: Economy

Virtues Of Economy.

Virtue is best defined as a moral excellence.It is a conformity to a standard of right.

The ethics in economy are moderated to convenience.Today the image of duplicity lingers.Corporates have two faces.A genil face is shown to the public gaze and a sinister face away from the populace.This is the doctrine of public virtue and private vice.

Recent virtues of economy are, theft,insider trading, deceit ,profit at all costs,greed and arrogance.

The latest addition is laziness.

Top executives have minted money, by squandering the wealth of the company

Bribe and corruption have wrought massive furores.

Wrong policies have manipulated a thudding disarmament

These are the organisation culture of today’s corporate world.Unquestionable material resourcefulness promote degradation in character. Good character is an achievement , not an inherent trait.

Lazy portfolios have become a winning strategy according to Farrell.

If laziness ascends the hierarchy, then greed, theft , deceit, bribe and corruption associated with Machiavellian steal the show.They are the best ethics and formidable values that have to be imbibed by the human mind, that have to be assimilated to dot as a piece of sponge absorbs water, that have to be subscribed with fervour and exalted as a discernable demonstration.

Virtue has lost its footing, has lost its sense, has diffused into an incongurous entity.

Tags Anguish, Economy

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Crude oil -Jump and Fall

The electrocardiogram report of crude oil is baffling and brings a myocardial infarction to the observer.

What a steep rise in early 2008 and what an animated fall in november 2008. It was 147$ in mid March ,and 39$ today.A drastic tumble.

As the surge was beyond comprehension, the downtrend is also beside irrelevance.

Both are unbelievable. Both make us look deep into the graph. Analysing we find , the upward march was transitory, the sudden spurt down will also be fleeting.

The cut in production of OPEC nations ,has not promoted the falling prices. This is bit confusing. The universal formula of supply and demand does not make much sense here.

The nations Venezuela and Saudi ,whose economy depends on oil resources are badly afflicted., by the oil’s thundering thuddy fall.

The OPEC , in its own interest and in the interest of the consumers, fix a price, which includes a reasonable profit.

The world stands to gain. Prosperity will bring cheer. Cheer will usher unity. Unity will lead to Peace.

Peace on earth and goodwill towards men is the God,s message delivered

Tags Ambition, Economy

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Expanding Debt.

A petty shopkeeper got completely broke. Instead of bringing down the shutters, he reinforced his shop with high value goodies and catchy snacks.

I was shocked. What on earth the man is doing?Is he in his senses?How did he muster money to give a face lift to his shop? As curiosity kills the cat, I made discreet inquiries,which revealed that he has borrowed money for high interest. I was muffled.

Can we term this economy as “Progressive economy”?

Well the same dogma is followed by the U.S., in a gigantic scale.The doctrine of debt , has been put into force. Borrow more, spend more, keep the economy booming.

Printing paper money against thin air, and circulating it, will move the stagnant economy is the Fed’s prscription.

U. S President elect Obama has drawn out plans to 700 billion$ to build roads and classrooms ,thus creating jobs.

The Fed has extended its balance sheet from about 900billion$to more than 2.2 trillion . The 1.3 trillion is a cooked up figure, which in reality does not exist.

Overborrowing has led to the present mess.Borrowing further ,with the aim to get out of debt trap ,is ignominous. It is a foolhardy attempt.

Postponing soberity and austerity will lead to great crisis

U.S. has to trim its expenses, practise frugality,and make amends for its reckless consumption and extravagant spending.It is a bitter medicine hard to swallow, but has to be pushed through the gullet ,to save the nation from disaster.

If not it has to go back to the days of misery.

Tags Economy

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2008 – A year Not To Be.

Human tendency is to rave about the past.

Recapturing the past deeds, getting excited about the meritorious experiences, revelling on the glory of yore , has been practically followed by each individual. All rules have exception , but this one has none.

The year 2008 , has spelt disaster and dismal occurrences, that we dare not think about it for once.

As we break rules and conventions , for convenience , this retrospective theory has to be moderated.

What year it was?hmmm— till a few more days to go.!

What a sudden shrivelling melt down, economy in shatters, finances in tatters,wages in displacement, jobs in devastation .

The bruise has to be assuaged gently, has to be tended with care ,and smothered with gentle rub .

Too much caressing will lead to negation. Too much pampering will spoil the sport. Too much attention will render an irrelevant direction.

The world economy is at the vertex, a slight jerk will create a furore too deep to be appeased, a vigorous push will proceed a tumble, too serious to be retrieved.

A gentle pat , a cordial gesture, a mild approval and a kind compliment will restore economy .

I mean these words both literally and figuratively.

2008 has come to a pass.

The next year 2009, should bring in lot of cheer, sense of joy , pride of well being.

Tags Economy, Hope.

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Remainder Reminder

Remainder usually remminds us of the original.

The remainder of the financial gallery is a ghostly reminder.The reminder is the pale skeleton of the original.There is virtually nothing,. That which cannot be destroyed has been annihilated, has been exhumed.

I go back to my school days, when my Maths teacher would din subtraction and division into our heads.

What is the remainder you derived , when you divided 66 by 5 ?

We answered the reminder is 1.

Now what will be the reminder , if you divide 66 by 6?

We shouted , it is 0 (zero.)

Recent economic digressions remind us of this remainder.

The financials show a net remainder of zero.

No value can be attributed to stocks and products.

Depletion of stock value have cost many a life.

Disappearance of money invested in hedge funds have led to loss of lives.

Job losses have directed death.

Wage displacement have moved towards ending life.

The economy melt down has swiftly effaced prosperity and eluded mental equanimity.

The downturn is driving us mad, is provoking us , is presenting a gloom , is spreading despair and forcing us to writhe in anguish.

Life becomes a hallucination, a perception void of stimulus, and transcription devoid of growth.

Tags Economy, Introspection

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Indian Synergy

The jaguar deal of the Tatas is making much noise.

The Tatas are inclined to inject tens of millions of pounds immediately into Jaguar.

The British Raj enslaved India .They ruled imperiously, behaved atrociously, decimated India’s wealth , bifurcated the country, and left the nation after debasing and degrading the economy, the culture, and the mental make up.

Jaguar land Rover , is the key contributor to U.K. economy.Its bankruptcy will affect the industry.

The U. K government is deliberating on the bail out for jaguar .

Tata Motors infusion of funds is a great sign of relief for the British government.We are witnessing a poetic irony.

What an amazing turn of events.

The once powerful ruler Britain , gets funds from one of its erstwhile colonies, India

Tags Economy

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An Old Lady’s Economy.

Economy is a study of human behaviour as a relationship between ends and scarce means which have alternate uses.

I came across an Old Lady whose economic policy was astounding .She had no scarcity and she found alternate uses to available resources.

Her bank was her metal box. Her resources were the revenue she got from selling flowers , fenugreek leaves,that grew in her garden. She had cows at home. She did not sell milk, but sold butter milk and ghee.

She kept her sale proceeds of her goods in tiny baskets with covered lids.Each basket had a different colour, so she could easily identify them. The flower sale proceeds were put in a pink basket, the fenugreek leaves money in a green one , the buttermilk income in a yellow kottan, the name given to the baskets in her village.

Everyday , she counted her accruals, The expenses were met out from the revenue. She had a host of staff around her. They had to tend the cattle, take care of her garden and had to guard her sprawling bungalow.

She also drew income from her paddy fields. She collected the revenue., without any delay.

Her practice was to buy gold ,say about 250 grams and 2 kilos of silver,every month. The balance of her profit was deployed in the upkeep of her properties.This she followed meticulously ,no matter the rise in prices of the precious metals.It was cash and carry system she adopted.

Her hard work yielded wonderful results. She had no calculator, no software programmes to compute her accounts, no auditor to compile details.

She was her own self proclaimed manager,accountant and banker.

She had the safe room key in her small cloth bag and the metal box key adjoined to her chain round her neck.

Her economy was robust, healthy and strong.She had acquired enormous wealth.

Her investment acumen calls for attention.The simple economics ,she professed was an ideal model to be adopted .

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An Appeal To The World

This is a sincere application put forth to the governments worldwide.

It may sound peculiar, may appear out of context, may seem to be intangible, may annoy most of the top ranked politicians.

After following the analysis of economists, and after watching the rapid meltdown of world economy ,I am forced to put forth a theory.

I am no research scholar, not a management guru, not abusiness analyst, but a mere citizen, aware of the misdoings, the defaults and downturns.

Judiciary, world over, is a separate constituent .

It is not bound by the governments, politics,and the rich.

It acts independently and most of the judgements are above criticism.

The governments change over a period, get toppled, become shaky, and in certain countries there are coalition ministry.

This change in situation compels shuffling of the administration. The machination undergoes an absolute reschedule and the focus and prerogatives get a jerk. We see a new articulation.

The economy shifts. It has to modify to the changed scenario. The policies and principles adopted by the previous governments,are transformed.

A different edition is prepared , which sends the whole set up reeling.

The frequent adjustments and the administrative intrusion threaten economic growth.

Economy requires a sustained development and a pinpointed syllabus like judiciary.

If such stipulation is arranged a beautiful world economy will unfurl an invigorate the growth stimulus.

Tags Economy

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A Pack Of Falling Cards.

Friday beckons Banks collapse in U.S.

25 , banks have so far failed.

They crumble like a pack of cards.

The queries and comparisons to bank failures in 1930 and 1989, seem frivolous.

Looking back , recollecting the experiences, reflecting on the woes, and brooding over the dead ,has become a trend of the day.

Drawing comparisons, inclining to find consolation in the previous failures. reconciling to the present dreadful scenario by relating to past debacles is but an inevitable acceptance of the severity of the crisis.

The major cause for the dwindling economy , is mismanagement, greed and over confidence.

Loans have been advanced without proper appraisals

Money had been disbursed in haste, for very low interest.

Extreme superiority and indulging arrogance and conniving deceit has led to the fiasco.

Banks failures are to be taken seriously ,as it predicts the total stagnancy of the treasury.

If treasury becomes an empty repository, then where will the country nestle snugly ?

such .