Tuesday, May 25, 2010

World Economy

Hi there... been a long time...thought that this account would have been closed nevertheless its still open. Happy to see it. okay todays topic of interest is World Economy. Dear friends, the world we live in is tightly coupled together and is a circle of life which is dependent on every other thing other than itself. Did ya understand what I just meant now ? I meant each person is dependent on every other person for his/her survival. This leads to buying and selling and this leads to import / export in other words a trade taking place amongst nations that fuels the worlds economy. Simple theory, if demand drops supply would/should drop. This subtle yet strong bond between demand and supply is what drives world economy. People must be ready to purchase things, then only will there be some thing which people would want to create for generating money, organisation generates money then workers get salary and workers purchase things which fuel the growth of another and feeds another and so on and so forth...
Are you now getting the point that spending has to happen for economy to be stable at the same time ruthless spending is what needs to be curbed. People please do understand one thing, you survive because someone is paying you for a job which you did for another person who required it, and you in turn are paying someone else for a job which he/she did. So this is what keeps us alive and ticking...This is world economy in its simple terms...Sayonara...

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