Thursday, February 26, 2009

Economic meltdown


The whole world is under the threat of a manmade disaster, the recession which is worst affecting the growing economies and the well developed countries identical. There is no point in blaming each other in this circumstance. I think each of us has a responsibility for this and careful analysis should be carried out so that this may not happen again. A progress of a country gets decelerated to a considerable level due to this reason.
When we have enough resources, I think the best way is to save some for the future when there is going to be a crisis. When you have a considerable reserve, there is no chance for you to fall into a crisis where the situation gets worsened.
So as proud citizens of the respective country, let us all think wise, act smart and alleviate crisis that can become obstacles in our long run.
God bless you.