ACTION Vs REACTION (who wins???)

It is very rightly said " every action has a reaction." I'm talking about the financial crisis that the world is facing today.Globally and domestically we are been affected to the core.These global crisis have led us all in a state of helplessness, hopelessness, and with no solution in the near term.The result of crisis has led to a vicious circle of unemployment,low income, no demand, large losses.
The trickle down effect is deep rooted.The crisis has let to almost shutdown of the production units of various companies.Sectors like entertainment, auto, real estate to name a few.
The units are forced to shut down due to enormous losses incurred and no demand for goods.This has had the largest repercussions in the world, with the common man being the biggest sufferer.The country is already facing the acute problem of unemployment and poverty.With companies shutting down business , will add to more unemployment and no money with people to satisfy their bare minimum needs.
Common man is forced to live in a state of misery, as there is no money with people to afford the basic necessities of life. Demand for those things also decline and this further leads to incurring losses by those units and letting them shut down, and the process goes on.
The cut is deeper than what we can see or think of .To heal such a deep cut faced by the global economy we actually need a miracle.People are both psychologically and economically hit.The condition is to worsen further.It is high time, we need to react, this phrase will fade soon, if the country heads don't act NOW...

THE REALITY CHECK

The global recession is set in, investment banks are heading to bankruptcy, countries are facing acute financial crisis, corporates are slashing jobs and salaries of their employees,impact of global recession has shaken the foundation of markets globally,creating a vicious circle of recession and losses.the main objective of my writing this piece is not to summarise the current scenario but to put forth the facts which i think have been nodded off.the greed to grow faster by the world powers(US Mortgage Crisis) have put on stake the development and growth of the developing countries.India a country of more than 2 millions...have also been affected by the global recession.the condition in developing countries have worsened by bounds and leaps.the realisation came very late to the economies around the world, the stage of recession had already set in.national treasuries got affected, markets crashed,foreign support declined.Problems like poverty and unemployment, worsened further.As the companies worldwide lost money and had not much to support themselves,either led them towards bankruptcy or high cuts in jobs and salaries.The question of whether a consumer should save or spend in the time of crisis does not hold at all now.As there is not enough money with people to even support their living standards.This hold true for the million households in India.History repeated itself..every crisis the burden is to be borned by the common man and in a country like India this is a major factor.It is important for us to react soon and fast and be careful that such gobal turmoil do not occur again.Our government instead of worrying so much about the FIIs and FDI ,needs to worry about relieving the people from the pain and burden.

I'M LIVING IT...

Dreams,wishes,goals,desires, are all stepping stones to progress and achievement of the wanted.
My longing wish is always attired with opportunity, hard work and the most important luck.I am learning the way to make it to the best.Have come across such things which have made me believe that my dreams are not possible but they are not even impossible.
when i see people who have reached those heights,i feel that i will some day cherish the same feelings.will i make it or not???
would continue as the progress is made.....