Tag: Economy

Categories
thoughts

The Silver Lining.


The Global economic downturn looms large.

There is a general weakness,an unpredicted haze, a resounding dilemma,a surging grief, a compressed silence,an uneasy calmness,and an eerie horror.

The uncanny efforts of the governments to dispel the dark clouds are of no avail.

Crude oil price, the culprit of all misery ,has been brought down.

Commodities  have hit low.

Stocks are touching the nadir.

The buying capacity has been restricted,

Wage cut is staring hard,

Loss of jobs are breaking the spine.

Morose and serenity ,gloom and despair, anger and discontent,hesitation and withdrawal, have weakened the mind set.

The only silver lining to this defatigable denouement is a conspicuous specified programme ,which has to be delivered in all earnest.

The methodical  draft has to be drawn by world economists .

Encompassing the global economy is slightly out of context.

This has been proved by the financial collapse world over.

We have to lightly modify the text, to perfecty fit the particular economic zones, which have similar growth, same confirmed applications,equal distribution of productive progress and like minded development  will definitely enhance the potentiality and revive the bruised economy to a robust selection

Categories
thoughts

The Conniving Cauldron.


The game of Indian Stocks and Shares is bewildering.

A year ago , the sensex rose to new heights -21000 points.

The Finance Minister , Mr Palaniappan Chidambaram, took all credit for the spectacular rise.

The bubble did not last long.

It unceremoniously busted, leaving the investor and trader  confused and shocked.

The sen-sex declined, reaching a low of 7500 points.

It is inching up to 9000, and slides up and down , here 500 points up, there a 300 points down.

The reason is explicit.

The market volatility swirls round the global economy.

The surging was remarkable , because the overseas investments were extraordinary.

As the economy slowed down , the withdrawals were speedy , provoking the shedding of  points.

The so called elites are out of the market, not because of their analytic acumen but because  of the closeted network of high handed scheming.

The midlevel investor is ambushed.

Business process out sourcing centres are rendered modest, the auto manufacturers are bitten by the melt down, the banks are rudely affected, the real state business is humiliated, the sinking textile industry is almost dead. and the Information technology companies are cowed down.

Tracking negative progression , and positive retrogression ,the inflation shot  up to 11.72%.

The growth forecast of Indian industry is low, and is bound by global piquancy.

The Finance Minister is unassumingly silent, speaks out occasionally advocating patience.

Basking in glory , in prosperity, in bright sunlight is an easy exercise.

Ascribing to  downfall, darkness, and breakdowns needs a determined resoluteness, and accomodative mind set.

Unfortunately ,Palaniappan Chidambaram nestled cozily in the folds of success, but slips ignominiously in the wrinkles of  failure .

It is most unbecoming of him.

Categories
subscriptions

Anticipations go astray.


The financial melt down is because of spurt in oil prices  was the general belief the world over.

Crude oil is now trading at $62.

Still the economy is depressed.

Oil is traded cheap.

Expenses are cheap.

But recession is mounting up.

A paradoxical situation-the business has come to a stand still.

Forecasts, predictions, researched analysis , have miserably flopped.

Noted economists, reputed finance programmers,banking experts, market gurus, regulators, theory of bail out, cut in credit reserve ratio, are unable to restore placidity to economy.

My ideas may sound impertinent, but  they may give a clue to this unexpected show down.

Globalisation  ,sounds fahionable, elicits wonder,evaluates rich content, professes high quality endowments, but in reality rattled  the comprehensive culture,evacuated the close knit acquisitions and pulled the robust encompass to a frail skeleton.

Globalisation  has eschewed the liquidity ,eroded the free flow of trade, and impaired the prosperity  of the nations.

It prompts me to say it is a fall together.

Unseemingly the Biblical Noah’s Ark story  creeps in.

Noah saved his family.and the stocks of all animals in a vessel built at God’s command, as God grieved by the wickedness of mankind tried to destroy the corrupted world by a deluge.

Let us save the the world from this vicious concept ,by climbing into Noah’s Ark.away from the cheeky politicians, greedy officials, and treacherous middlemen.

Categories
subscriptions

Humpty Dumpty.


Humpty Dumpty sat on a wall,

Humpty Dumpty had a great fall.

All the king’s men and horses could not put Humpty Dumpty together again.

The current economic  plethora  is a magnified virtuoso of this simple nursery rhyme.

U.S  was in  the highest pinnacle of the world’s financial  repertoire., a few years back.

Today it has been pulled down ignominously, by its greedy politicians, sneeky officials , shameless business houses.

Another bank has fallen  on Friday 24/Oct/2008..It is sixteenth  in a row.

The Fed is totally disillusioned.

It is a defeatd Lion.

Deregulations  and   less  scrutinisation has spelt  disaster.

The rescue plan of $700 billion dollars, is not figure bound.

Global turbulence is unbeatable, leading to presumptuous decline ,unintelligible tumble, unforeseen  delirium, unethical dilution.

However  much the Fed and other government bodies ,of U.S , European nations , Asian countries 

systematically try to set things in order, they face an ascertained failure.

A predominant inquisitiveness surfaces.

Should we keep watching the crumble with anointed piety,?

Should we list our sojourns to  Nature’s recourse?

Should we remain sullen with animated devotion.?

My curious mind should be put to rest.

A pain killer , or a sleeping pill is the most essential prescription to calm down the much stirred and agitated minds ,throughout .

Prediction of deaths and  serious tragedies are looming large,and keeping us in tenterhooks.

 

 

Categories
subscriptions

Black gold turns darker.


Malaysia’s palm oil  is hit  sharply by the recession.

CPO prices were 815ringitt on March 17/2008.

Today it is 287 ringitt (23/10/2008).

A swift and deep  unexpected fall.

Malaysian economy will be hurt, by this turn of events.

Palm oil is the cheapest edible oil. which finds a ready market in Europe, America, India and China.and it is used in confectioneries, cooking, toiletries.,and soap.

The residue of the fruit,.after undergoing extraction ,is used as bio fertoliser.

Its fronds are utilised to make brooms and  baskets.

The proposal of converting palm oil into bio diesel has found a favourable acceptance.,but the government is languishing on the scheme.

During the upswing in the prices, the government introduced cess, and windfall tax.

An unusual silence is prevalent among the governing authorities.,during the down trend in prics.

Along with the rise in prices, the expenses, in the form of fertiliser, pesticides,and labour ,proportionately  increased.

Fertiliser which was 800 ringgits/ton in May 2007,was 1400 ringgits in June 2008.

The cost of application also doubled.

The Malaysian government was eager to share in the largess.

It did enjoy a valid accumulation of money in the form of  tax..

Is it not bound to take part in the  hard pressed state of affairs?

Will the malaysian Govenment  now introduce a shoot up incentive to help the planter?

A  responsible government should rush in to the rescue of the planters.

Amusing to note, why the planters remain dumb and deaf to the rapid down trend.?

This write up should catch the attention of the Malaysian Palm Oil Board and the concerned ministry.

Authorities , do not wait any further, represent your case in the world oil forum and bring a resurrection to this golden product.

Let you,try to bring back the sheen to Black Gold.

Let you,erase the darkness which encircles this  most essential commodity of the world.

Palm oil Is  every body’s oil.

Do not let the plantations suffer in detached solitiude.

Categories
subscriptions

Manifestation of education


Education aims at acquiring knowledge.

Knowledge encompasses ,learning,refinement,ethical composure.

Acquiring theoretical base is a minor part of education.

Applying practical fundamentals forms a sizable portion.

Splicing with etiquette  and integrity is the most formidable  function, that renders education spectacular and  sonorous.

Our premieres, ministers, governors of banks, financial Secretaries ,industrial barons, company tycoons,graduated from Oxford, Cambridge, Harvard, Stanford.

These universities  absorbed the best talents, and imparted best lessons.

They sent out graduates ,with excellent track records,  with exemplary academic rewards,with high professional skills, with extraordinary insight,with invigorating spirit..with enhanced  integrity ,and recommended ethical involvement.

These  citadels of learning are far beyond the reach of the commoner.

The elites ,who had and have the fortune of undergoing training in such institutions,have added one more feather to their qualification.

What is it?,

My question , makes you wonder.

I wish to be silent,,leave it to you to find the answer, but my nagging mind forces me to be out with it.

Yes, they are superbly successful in deceiving the people.,by their wily gab,deceitful overtures,and smashing manipulative vices

They have amassed wealth, invested their fortune in no tax zones, extended their fiefdom,by purchasing lands at a throw away price, and dabbled in stock markets, turning it into a bear or a bull in no time.

Did not the reputed universities teach them moral science?

Did not the prestigious institutions instruct them to be genuine and upright in what they do?

Did not the centres of learning  tell them ,that if they indulge in fradulent activities, they will be reprimanded by the almighty?

Do  they not know, wealth secured  by illegal means is a transgression?

 How is it  acceptable to draw a fat salary from a bankrupt company?

The state of  bankruptcy is being authored by the  same high salaried man.

He must be a wolf in a blanket.

How can  we tolerate such imperial incorrigible behaviour ,when the world is being wiped over?

This attitude, go , what may, I remain what I am ,is a condemnable,callous attribute.

I deplore the educated community which is holding the reins of the economic surveillance, and human sustenance.

I am sad.

 

Categories
thoughts

A classical deceit.


Heard about a classical play, a classical recital. a classical piece of art, never about a classical deceit.

Well ,it is an oxymoron,illustrating the present economic despondency.

In the medieval era, history tells us, about, sons dethroning fathers.

In the colonial period, the British used their trading skill to gain power,and rule over most countries in the world.

The most popular saying ” the sun never sets in the British empire” is a  haughty  remark of the English., which made them brim with joy, but drove the rest to scorn at the English arrogance.

We are in such a similar situation, though with an altered perspective.

The economy of the world , is in the hands of the elite.

The elite community consists of the fortune companies, the intoxicating rich, the self enriched politicians,and the extra smart, over enthusiastic officials.

They form 1% of the population.

This self proclaimed leaders ,take law unto their hands,dictate terms, pass resolutions, force reforms, change policies. resort to tantrums ,to  roll the machinery of governance.

If a finger is raised, they overpower the destitute with might, viles,and ttreat them as outcasts.

They distance the dissenter, banish him, and go about spoiling the boot.

 99% of the people ,are treated as slaves.

The majority has no voice, no face, no roots.

Is this democracy?

Is this what our forefathers intended to perpetuate?

It is an erroneous interpretation , beyond redemption.

Humanity is being cheated.

The majority is at the mercy of the minority.

99% of the people  are kneeling before 1% of the richest.

We are in a period, which is disgusting, depressing, devouring,and disenchanting.

My eyes are moist with salty tears, my mouth is full of bitter taste, my heart is heavy with hot tormenting anguish

Categories
subscriptions

Economy in a limbo


The world  economy is  frightening.

It is in the grip of  morbidity.

it is fettered by greed, and conceit.

Analysis and research are  barren and soundless.

Rescues and bail outs are unmeaning as a “moonlight in a day.”

Tears and pain ,creep out  from the dark.

Dread, horror , panic ,dominate.

It is lifeless, eyeless,growth-less.

It is negation , clueless,rudderless.

It is a fear.

Is it a positive negation?

or

Is it a negative possibility?

Categories
subscriptions

Grass will grow.


Economy is the pet subject.

It kindles both awe and inspiration.

David callaway’s write up in Market watch ” Rushing to see the apocalypse”  excels in lucid description

His distinctive style is found in his presentation ,which is a beautiful mix up of economy and imagery.

The engulfing flame of the  Angel island looks like the portfolio of a buddy scorched by the inferno raging globally.

It is a beautiful illustration and  a rich comparison.

Fire is a great destroyer.

It chars its hold to ashes.

Investors money have been eroded to embers.

He  jots down another striking phenomenon, by catching a glimpse of the passers by,

These  workers nodded and laughed knowingly, unmindful of the burning fire,and headed to the boat.

It seemed something natural, something common, something that needs little attention, something that will find a regular close,something that cannot be prevented, something that is unavoidable.

Economy is one such thing , that will settle perfectly , if left alone.

The ups and downs in the indices’s, job displacement, wage losses.industrial disaster are all part of the game.

History is the best teacher.

It tells us of recession, of booms, of falls , of glory,,of wars ,of peace, of fights, of reunion, of turbulence, and of prosperity.

Life is punctuated by prosperity and penury.

Business is alternated by  success and failures.

Oil , which was as high as 150$, is now at he level of 75$.

Did anyone imagine?

Stock market highs were a mere speculation.

Stock markets low are but a nostalgic fact.

Callaway concludes with a note of hope.

While returning home ,before sunset, he saw the charred remains of the Angel Island.,and wondered how many years it would take the island to resurrect. and regain its charm.

The next days paper was an eye opener, The experts had said that grass will grow during winter when rain comes-and look normal during spring.

I am  reminded of the famous line

 “when winter comes can summer be far behind?”

I recollect Newton’s law of motion.

“For every action there is an equal and opposite reaction.”

 

 

Categories
thoughts

Banish Fear.


Indian Finance Minister has advised people to remain calm.

He says, “For every seller there is a buyer “so deliberate before you sell.

Will anyone think of selling in this  turbulent market?

Does  not selling  stocks seem whimsical at this concurrence?

Shares bought at the height ,will fetch a paltry in lows.

An investment of 25,00,000 .RS ,is now in the level of 12,00,000Rs.

The ups of the sensex  index were mere speculation.

The downs are beyond imagination.

Both are a fallacy.

There is eerie of silence, extraordinary pain, and unfathomable delinquency ,prevalent all over.

In a way, the Public sector banks  in India , are fairly under control.

Their steady advances, low profile status, apprehensive allowances, firm stature,guarded approach,trying regulations ,and definite targets have enabled them to  withstand the bloody streaks.

Economy has run astray in the hands of treacherous politicians and avaricious executives.

A nation cannot  continue to pamper the manipulation and dastardly acts of the governing representatives.

Sobriety and frugality should set in.

Rending cheer to the morale of the people is not sufficient

Asking them to be composed , is a  slipshod compromise,

The real effort lies within the goverment machinery. 

Frugality  in spending, simplicity in behaviour, transparency in transaction, impartiality in advances, methodical in investments, justice to all, financial inclusion of the poor, nominal interest, making repayment of loan a must to all sections,are certain allocations the  Finance Minister has to look into.

I retrospect the restricted era of finance.

I introspect the periphery of liberalised epoch of economy.

I realise the values of self strength,undaunted faith ,inimitable tolerance.

Shakespeare gives me the cue,

 ” No one can master the grief except the one who has it.”

The intrigued investor has to endure the pangs  with stoic fortitude,all by himself.