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
Wednesday, September 23, 2009
Feeling happy about economic recovery?
Posted by pdkamath at 12:35 AM
Labels: Economic recession
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6 Comments:
i hope it will be for good now, so country like us could also survive.
Good post Kamath. A timely reminder for sure not to plunge the world to another crisis.
I want to read more of your mother's financial advises and that too in Kannada so that I could improve my Kannada vocabulary.
Dear Mr Kamath,
I must compliment you for really awakening the soul of an individual through your thought provoking articles and inspired by you am fully hopeful of doing a better service to the readers by providing quality Indian share market tips and will definitely recommend your site to the readers.
Regards
Indian-share-tips.com
nice post. i really wonder how come the economy has got such bad impact globally...
Hello!!Was here today to visit you back..Have a wonderful day to you..God Bless!!
Really praying for our economic recovery
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