"Alas the day have come" my boss said to me, when u r services are no more required to the company and therefore I need not report to him any more. I said to myself " is that I am hearing some illusion or is real". Never could I imagine such a thing may happen and therefore I could not believe in myself. By no mean I was a bad performer, I was productive and doing excellent work for the institution. Suddenly realized that it not me how is not performing its the "business not preforming".
Since five year when world economy was growing with rate of 4.4 GDP, many of them had there share of job, life was cool. Everybody seems to have ample opportunity to work on. Thing are now,are no more rosy, as the credit crisis is on its the peak and the everybody is squeezeing there money out of the market, some where something seems to do reasonably better than the others. But picture in there eye is more horrified, because they feel someday they are going to be in same position, like me.
There are many aspect of this state of worlds economy, every body view would be different than his own neighbor so I am having. Still today, I am still not able to figure out what lead to the problem. Is this was spending or excess expansion.
Either one can cause turmoil in the market, I think rate of the either was the first thing which had effected the market. Just to specify how can expansion cause trouble, the cause for great depression was the world wars, wars are generally meant for expansion. In today's scenario, rise of few economy and few private sectors profit motive lead to the expansion phase.
This equilibrium is as delicate as any other physical mechanics equilibrium, which is economic terms is called optimization of liquidity, I am no economist but that I feel, it should be.
Since five year when world economy was growing with rate of 4.4 GDP, many of them had there share of job, life was cool. Everybody seems to have ample opportunity to work on. Thing are now,are no more rosy, as the credit crisis is on its the peak and the everybody is squeezeing there money out of the market, some where something seems to do reasonably better than the others. But picture in there eye is more horrified, because they feel someday they are going to be in same position, like me.
There are many aspect of this state of worlds economy, every body view would be different than his own neighbor so I am having. Still today, I am still not able to figure out what lead to the problem. Is this was spending or excess expansion.
Either one can cause turmoil in the market, I think rate of the either was the first thing which had effected the market. Just to specify how can expansion cause trouble, the cause for great depression was the world wars, wars are generally meant for expansion. In today's scenario, rise of few economy and few private sectors profit motive lead to the expansion phase.
This equilibrium is as delicate as any other physical mechanics equilibrium, which is economic terms is called optimization of liquidity, I am no economist but that I feel, it should be.
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