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Thursday, November 19, 2009

Struggling Economy.-FAQ

What are we doing?
Reviving the economy.

How are we doing?
By tangible efforts but the means are intangible.

Why is it so?
None can understand the critical situation we are in.

How did it become so messy?
It has fallen into a muddle because of inefficient handling.

What do you mean by inefficient handling?
Well, economy has been in the hands of few, who dealt with it as they wished.

Can you elaborate on this issue?
It is nothing ,but an irrational spend out, an irradical composition, an erroneous flaw.. Housing was the first default. This was followed by scams , scandals and mad deficits that prevailed in the manufacutring area.The borrowings exceeded the capacity, as the interest was very low. A lavish free credit movement has brough woe to the economic structure.
A penetrating dent has been created.A delicate approach and sustained tinkering should be accomplished before reversing the derogatory trend.

Economy is fast recovering . Is it so?
It is and it is not. Recovering is there but in a snails space.before we could assess the damage , the recovery has started, and before we could foresee progress , there is a stagger that derails the progress.

How should we designate a renewal?
A fourfold path should be deviced.
One for employment.
One for appraisal.
One for infrastructure .
One for futuristic discipline.

Employment brings in revenue.
Appraisal points out the worthiness.
Infrastructure covers education, health, roads, and environment.
Futuristic is an explicit design to save .
If these derivations are pushed into the economy, it would become invulnerable and invincible.

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