When Alan Greenspan said in 2008 – “I really didn’t get it until very late.” It was as if someone was digging under his feet and Mr AG did not know. May be Mr AG really did not know, because he was keeping his eyes and ears closed. May be he was so inebriated in the wheel of growth that not just Mr AG but any banker was not willing to feel the “overheating economy”, hear or see that someone was digging deeper – under their feet.

These words overheating and digging remind me of environment and when I received the above video* from someone on Whatsapp I could relate this video to one and only thing – economy.

When I was watching this video, I was having strange feelings in my mind that the economy is going to do in down turn once again in 2015-16. “Everything just works as perfectly as it can…until it stops working!” That seems to be the case yet again for the economy.

There are other reasons to believe that we are going to have a tough time. Though I do not want to be a doomsayer or conspiracy theorist, but here are few things – Developed world wages freeze analysis (The Economist), ISIS is likely to help economy sustain (wars have helped bring economy back on track), Upcoming elections in the USA, France unhappy and rise of EU opponent leader there. Though when it comes to EU, I wish it remains an integrated unit, that is a start for unifying the world in the lines of – interdependent co-arising.

Watch that video once again – remember Economy goes down like this. Have we ever questioned the actual reasons for these things? Dig deeper! This digging deeper to make some extra pound creates the problem. Economy crumbles like this when we do not nurture it the way we – as a collective group – fail to maintain the hill which just crumbled in the video. As capitalists too – we are individually smart collectively dumb.

*The origin of this video is unknown to the author – video shared by Dr Mala Kapadia.

KRD Pravin

Here I am supposed to write about myself. Professionally, I am quite serious and a workaholic; personally I am an individual who enjoys what he does and takes life as it comes. I am passionate about my work and actions and empathetically careful, attached and committed to them. All this makes me a fierce competitive professional and yet a compassionate soul, the Yin and the Yang together. Balancing is the art to be practiced using the middle path. From - http://business2buddha.com/about/


rummuser · November 1, 2014 at 6:37 am

If you really want to know how things work or don’t in the USA and why comparison to our own problems with theirs is not logical, you can do no better than read http://www.washingtonpost.com/opinions/book-review-losing-our-way-an-portrait-of-america-by-bob-herbert/2014/10/31/01df1982-47f1-11e4-891d-713f052086a0_story.html?wpisrc=nl-pmopns&wpmm=1 I am not alarmist. India has seen as I have too having been born just before we gained independence from the British, many ups and downs and being a pavitra bhoomi, we have come out with scars but with wisdom from every fall that we took.

rummuser · November 3, 2014 at 12:59 pm

I did and I would still recommend that you read the book that I have recommended.

Leave a Comment