The Wear and Tear

The wear and tear concept is used as a base to analyse a man made product .
It is also figuratively used  to pinpoint the degeneration in the human organs.
We can apply the same principle to economy.



Economy ,which we  virtually undergo is experiencing a complete degeneration.
It is an age old technique that we are adopting.
We have also added a few clauses to give a face lift to the haggard economy, such as globalaisation and a deferred guarantee such as derivatives.
These had added ugly acne spots to the wrinkles of the battered economy.
They have not given a lift but has rendered a weary blemish .


The economy, as we understand, is a business of the nations.
It  has to be considered as a serious part of research,inducting policies that would suit the present trend, eschewing disciplines that are an anachronism in the new era.


The euro, which was hailed as a progressive tool ,in the new economy, has slammed a fatal blow on the Euro zone, when Greece faced a collapse.
The dollar ,which was held in high esteem, for a few decades has slided down.


The developing nations, India, China and Brazil,have made their advent by making their presence felt.
There are many shortcoming in the economy of these nations, but the steady advaance is to be taken into consideration.
The Chinese manufacturing speed is amazing.
The Indian stamp on the information technology is vigorous.
Brazil  is working modestly in the cofee output.
The economy of these nations, which were once at the nadir, has blossomed into a beautiful piece ,by the economists who did yeomen service to carve a niche for their respective countries.

The interest rates of the banks are governed by the central banks.
The appraisals are done perfectly.
The manufacturing industry is given a momentum.
Agriculture is cared .
The gold reserve has been stadily strengthened.
The stocks and shares ,are affected by global cues to a certain parameters.
Foreign investment is let open.


Savings , is the primary quqlity ,that has helped these nations prosper,
They are able to push their necks aboard, when the rest of the world is fuming and frothing,wallowing in the muddle of depression..


The economy, if it has to sustain , should give way to new existential policies, that would appropriately fit the age.
A loose fitting would wallow up the goodies.
A tight counterpart, would stifle the benefits ,before they see the light.

The economy needs a rehabilitation.
The process, should be sincere and impregnant with lofty themes ,that would correspond to the present sitiation.
A blight and bleaky environment should be modified ,and the whole global atmosphere should become bright and cheerful.
If winter comes, can summer be far behind.?