Friday, August 1, 2008

Some Provoking thoughts on Economics :)

-Moved from blog 'Life Movie Fun'
Today is 1st August 2008. Just yesterday I attended a good session about economics of world. Though topic was not that but speaker drifted to that side and he shared quite a few thoughts on how the market is going and how it is going to hit India particularly. Interesting provoking thoughts.. :)

I am thinking of doing some research on those myself and then update this page later. Just so that I keep the interest, points were -
1. How petrol price are going up and down. what is the benifit and to whom.

2. How US is playing other world markets to keep its economy going. It lends money to other groups/currency and later gets it back when that currency is strong against US dollar, result, more US dollar and that also with interest. Wow thats double benifit.

3. Why SA is currently hot for all industries and why it is next center for economic revolution. A lot of natural resources are present in SA which industry need to utilize and current inside industry is not able to consume it, so money is going to pull in from various places in SA. Time to catch the boat when it is still onshore.

4. Recession is going to hit India hard and may be some other coutries as well. Recession cycle is 3 year long and it comes every 7 years in a contry. LAst time it was in 2001 for India and now 2008. But this one is going to be worse than before and for next 3 year it might be even problem to survive in a good manner with same growth.

Let me try what all I can find out on above points. Keep thinking and leave me comments if you have anything to share on above points :)

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