Wednesday, November 26, 2008

Helter Skelter

You let a small thing a little leeway and before you can blink, you have a huge problem in front of you. America with its Spendthrift inclination and its propensity to attack any un-inundated land for the sole purpose to support that spendthrift disposition has the whole world in shrieks of agony. I have been avoiding the business page of the Newspaper since last few days as I am bored reading the same thing again and again. Recession, depression, illusion, separation (from job), Suspension and god knows what other –ions (attrition has understandably been left out) have been reported so often in the dailies that they have actually replaced the bomb blasts news all over the world as the most frequently occurring manmade disasters. Terrorism has taken a new face.
The economic crisis has got everyone worried. Jobs are tough to stick to, not because they have become difficult but because they have become so far and few. People who bought lot of clothes and jewelry are now worrying about their house which they got through a broker and paid for it from a bank loan. They are not buying the clothes anymore which were manufactured in factories and sold in retail malls because their jobs are on the verge of oblivion. They plan to default on their home loans due to which the bank is going broke. The brokers are not finding someone else to buy that house and are going broke. The factories are going broke while waiting on the stockpile of clothes which malls are not taking, who themselves are going broke because people are not buying them. The beggar in my street is now not emphasizing on 2Rs and 5Rs coin and instead accepting the 1Re coin which has suddenly seen its image improve due to credit crunch and every company is vying for every rupee that they can get hold of. ‘Broke’ has been awarded the word of the year by the financial circles with every other person and company announcing that it is going broke.
Scotch on the rocks has been replaced by coke on the rocks and cost cutting has taken up a gargantuan stature. Airlines are planning to scrap the business class seats as even rodents have resigned going over there due to lack of food morsels dropped by travelers who prefer the economic seats or would even take up the job of janitor on the airlines to travel free. Software engineers who used to brandish their badges have had a lesson in humility with dwindling numbers of prospective brides who are willing to board a sinking boat. Pink color has become quite unfavorable and for a change people with jobs are more tensed than people without job.
So who is to blame for all this? Who is responsible for the recessionary trend that is gulping down companies after companies and countries after countries? Is it America which started this domino effect? One would certainly think so because there were no recessionary cues before America declared its dismal figures. But I guess that Americans are not the only one to be blamed. The banks should not have been so greedy, People dealing in stocks should not have been so greedy, builders selling homes for a staggering premium should not have been so greedy, the oil countries should not have been so greedy, environment spoilers should not have been so greedy and Exporting countries should not have been so greedy. It was we who brought this problem upon us and just like how the home sapiens lugubriously got through the ice ages we will also get through this phase (speaking of the indomitable spirit).
After all humans are the smartest creatures on earth, or so I thought.

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