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Turbulunt times
By Abhijeet Pardeshi of SCSS
Recently I made a survey over the internet with reference to the recent turbulunt times and financial crisis. To my survey, the outlook was not really appealing. I found several reasons for this. And I want to make it a point here that these are really helpful if we follow it all. First and the most important thing is that, at the time of financial crisis the process started with over leveraging in the United States of America to the tune of 700 million dollars. Now the losses are running into trillion dollars. Now the question is what made the million run into trillion dollar losses ?? Well the root cause which I have identified is really lack of faith in the system. Everything is running as is. People are just holding money, not to be released in the system. If everybody is holding money including banks then the economy will come to a standstill. The inflation rate of US and Japan will come near to zero. It means there is a standstill economy. Nothing coming out really. Will this help. Who are responsible ?? Well I think the government is responsible 80% for this, Why 80% ?? Because all the policies are framed by government, may it be financial or economic. So the government should design a transperent system. You know very well what I mean to say by the word "transperent" system. There should be transperency in everything, starting with balance sheet May it be a company balance sheet or national balance sheet. What are the rating and auditors doing ?? Do they lack expertise. If so, sack them. They really do not deserve the position which they hold. If any institution or individual do not know how to run this economy, he is not capable to hold the said position, is my clear understanding. This understanding should be there in the minds of everyone in Common. I repeat "in common". Let us go back to the olden Barter System evolution. What did you see there ? Well, Barter system worked on the basis of exchange of goods for goods only, and there were no currencies, no leveraging, yet people were happy, not worse. Nobody worrying, atleast like today. I have noticed one more thing there that there was faith in the system. Everyone beleived what they did well well. There was a intention to help and get helped. The phrase "help and get helped" is very important here, which is why I want to insist it here. If you see todays scenario, may it be internet marketing or any sort of marketing, you will see that the concept "help and get helped" is diminishing and only "get helped" has remained. People tend to forget that Marketing is not one way traffic, people will not just come and give you money. It does not justify at all. How long will it work ?? It will collapse anytime. So the vision should also be to help. Prosperity does not come by yourself alone in this world. There has to be help from someone. All the countries should go for outsourcing, you know outsourcing is the only way "to help and get helped". Recently Obama government promised to eradicate outsourcing, will "it help" ?? Of course not. By my formula "help and get helped" will only work. On the basis of the above I have framed it in my mind that starting with me, I will help first and then sell. |
Payroll Outsourcing
Payroll Outsourcing
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