Skip to main content

Be warned. The world is ahead of an economic collapse



Bailouts began, Stock markets slumped down, Countries are in panic.

The bubble of bubbles is getting on the edge to burst. This time the effects are evenly felt throughout the countries. No country seems to be safer.

First the European Union followed by the US and floored by China. This is how it is expected to unfold in a big scale.

Bailouts extended the lifetime of the European Union economy little bit. European Union’s slowdown extends the American economy’s lifetime. China’s foreign reserves helped the Chinese to extend their lifetime.
It implies each country’s economy is surviving of the collapse because of the slowdown of the other.
But how long?

Already the panic catches up in every stock market in the world as the slowdown worried the investors.. Currencies are weakening. Meanwhile the dead bottom price slump of the crude oil put a nail in the disintegrating economy.

The so called super powers (US, Russia) are in midst of an complete turmoil. Even the oil producing countries are also affected by the decisions of Saudi and OPEC.

The collapse is inevitable and whether these countries could survive through the collapse is a bigger question.

Indian economy and currency are also suffering due to the slowdown in global economy. Despite that Indian economy is expected to have a little to average impact from the collapse. India's closed financial infrastructure thus have some potential benefits and safety in such situations. But the recession would severely affect the Indians in terms of jobs. Especially the jobs provided by IT and automobile industries expected to be slashed by 2 millions. Hope India manages the situation better and make use of the opportunity to promote growth and employment. We can expect a double digit percentage of growth in the GDP if India play the cards correctly.

Comments

Popular posts from this blog

Free Electronic Product Samples / Components For India

Texas Instruments offering samples in a wide area of electronics. They provide you products such semiconductors, ic's, sensors, microprocessors, microcontrollers, etc. Most of them can be brand new and introductory items to the entire world. If you are an entusiasist in electronics, student doing innovative project, industry implementing new technologies. You are the right person to get those samples for absolutely free. All you need to do is 1) go to their website www.ti.com 2) Signup for an account in my.ti (It is recommended to give proper shipping addresses with real , full name with initials in order to receive the samples without any conflicts.) 3) Browse various products using their simple and customized search. 4) Add those free samples you require or love to try. 5) Then submit the cart. fill up once again. if it is prompted for confirmation or address. simply accept and give the shipping address. Thats all you will get those samples delivered to you within...

Can you solve the three gods riddle? - Proposed Answer

I recently landed on a youtube video about this question and intrigued about its uncertainty in detail in every aspect. Hence i thought it would be a challenge to solve it and decided to work on it. For those who dont know about the question can watch this video to know it better. I thought we can exploit the details of the question to workaround and come up with a decent answer to this question. My take is as follows. Condition 1: We can ask only three yes/no questions Condition 2: Each question should be dedicated to only one god. Condition 3: You can ask multiple questions to the same god. Let us choose first god and ask the first question 1) Are you ARR? Repeat the question again and again to confirm it is not ARR. Since you will get different responses for the same question. (Remember, Condition 1 limits the number of questions can be asked but not from the number of times it can be asked.) If the God is ARR, We can skip to the 2nd god, otherwise we can s...

Mitticool Refrigerator - An Indian Invention which runs without electricity

Mansukhbhai Raghavjibhai Prajapati  was born in gujarat. He was a traditional potter and was a popular rural innovator. who is well known for his innovative refrigerator called "Mitticool Refrigerator". Yeah you have been well known about the idea behind this refrigerator. The refrigerator is working without electricity. And its quite cheap as it is the most simplest and efficient form of refrigeration. It can preserve the fruits, eggs etc fresh for more than three days. It is made from a special form of clay and its environment friendly too. It will eliminate the potential environmental and pollution hazards. M.R. Prajapati now holds the patent for the mitticool invention along with several awards. Mitticool was featured in centre for india and global business, Judge business school, university of cambridge. Bosch and siemens hausgerate was shown interest to buy this product. The Forbes magazine listed him the most powerful rural entrepreneur in 2010. Pressure cooker, water...