RECESSION OR RATIONALISATION

It’s tough time!!!! a remark by all from Big Boss to Tom ,DiCk & Harry. Be it morning or evening we all hear on word recession ….media to economists or be it a common man.

Everybody’s eyes glued to stock vibrations and market changes, Crude prices to funding and bail out package.

Is this the way thing should react. Yes it will and human nature of greediness leads to such bad times. You can make hay while sun shines but not every time you can make a big warehouse and artificially create sun and make hay even when outside it is raining and you have no demand. Restlessness, taking things granted, wrong reports, over dependence on theoretical facts, fanaticism, biased approach, driving the system without brakes are all the drivers to this illogical end.

So what to do? Can all nobel laureates in Economics sitting with special theories have never devised strategy to run the system after learning economics failure in 1930’s? They cannot get out by telling it is a part of recession described in economics but what about predictability are there any certain facts and figures which can give respite to whole world or cometh things one will decide what to do. IT’s NOT !!! Economics also states that nature is the best controller if human nature tries to do whatever they want.

Think and think when things are berserk people need to realize and be rational. All waves do not take you to the beach some do others drown!!!This has to be learning. Devise means and modes to identify artificial and natural causes and effects. Not every report which are devised and made by old companies with lot of experience does have significance. It is only things which are predicted with warning and taking all risks into consideration are ones which prove to be the only stay.

Right media giving everyday/ every hour / every second pulse doesn’t mean that you are made aware of the situation but you are also misguided because every thing not relevant to you may not have impact only relevant things for your concern may have impact . Hence with open eyes one should keep vigil, feel, see, analyze and take logical steps not sway by reports and wrong interpretations.

Hence recession a scary name can be termed as rationalization as it is time to understand situations well which comes only once in century or so... Take things which are right for you and not go by various notions which are not a factor to your life. Take breadth analyze may need to revamp ways and means may not also !!!!

BHASKAR BALLAVE