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Reccession---hot topic of the year

By: FIRDOSE | Posted Mar 19, 2009 | General | 550 Views

"RECCESSION" has become the hottest topic of the year all over the world....name a problem and it is attributed to reccession....meet anyone and he/she mentions recession atleast once during the topic...also predict months and dates when the same will end.like predicting weather...wonder wether even 5% of these people understand the meaning of recession or are just repeating news articles and others like them.


I for one admit that I do not understand much about the topic, but as a common man wonder why just the economy of one country can hamper growth worldwide in today's time when so many nations are independent and progressive.With so many qualified people around in all corporates all over the world, was there nobody who predicted this downfall or who invested wisely??? Jobs being cut left right and center...but what about top level jobs and their salaries.....the main people who could have averted this to a large extent....their salaries and jobs are untouched but lower and middle level people are losing their jobs...everday in newspapers articles are reported about recession....dont they have anything else to report?? In India the media plays a major part in influencing lives of the people...should not they be more responsible....they seem to enjoy printing any distressing reports daily till such time they get hold of another distressing article...then they keep pulling that...and the chain continues....money is being spent like water flowing in a river by the upper classes....parties and what nots.....good...no issues on tthat...but where is the recession at that time??? What I am trying to point out is


1--why bloat a matter more then necessary....ok so there is recession...point noted....cool..there have been such periods earlier also...phases.....will not stay for long...nothng lasts forever....


2--people should talk only of things which they have good knowledge about...or ask around and gain knowledge before speaking..half or wrong knoledge may be harmful to self and others....


3---read but do not believe everything u read....reading made don quixote a wise man....believing everything he read made him mad.


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