
Hi friends, here is a good news for all of us. According to Federal Reserve Chairman Mr. Ben Bernanke economic turbulence has already calmed down and healthy economic activities are stepping up but in a slow phase. Now the time has come to look back at our past blunders which have pushed the whole world to the brink of economic disaster. I hope the end of recession may bring big smile on the innocent faces of our bothers and sisters all over the world (like in the pencil sketch drawn by my son). Though I am bad at economics, I have listed down many points (I feel they are blunders) which are responsible for this bad economic phase and I firmly believe if we start repeating those economic blunders, it may lead to more severe world economic crisis from where it may be difficult for us to come back. As I have mentioned in my earlier post “remembering my mom and her proverbs” the mighty