Almost every news paper is displaying this word, with various significance, definitions, reports, expert’s thoughts for this issue. So let us see what’s this issue is exactly about.
To be frank no one could predict when and how this Recession could happen. But experts usually say it could happen due to some reasons and even say the time period over which this could happen. Remember this is just a prediction as we see in stock market, where peoples discuss about various stuffs initially and at the end of day if it happens by chance they have a bright face else they will again propose a theory to prove the contradictory results.
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So I happened to ask my self what’s this mighty issue many times.. From the reference of many text, articles I got only one answer some where the money is blocked and the amount is so huge that no one can imagine usually.
So why is this happens. It’s due to management failure, poor management, people’s insignificant work due to internal politics, also In order to maintain Brand name hype people create false figures and make it work.
Normally if management makes any mistakes some peoples inside some how know it. But why is this major disaster with a pin drop silence. Simple reason being the peoples took them self greedy. Made the whole world panic and humanity to suffer a lot for no reason.
A Short Story to describe the rescission effect:
There lived a farmer named “Balu” with his wife “Rathi” in a village called ‘Saidhanya Nagar’ near “Jaipur” in Rajasthan. His personal belongings were so merely enough for a basic living. His savings only include his own land around 15 km from his home. He traveled by a cycle daily to his farm and takes care of it. Approximately 30% of his annual earning costs for his domestic expenses and 30% for buying raw materials for his farm. In the remaining 40%, 30% costs for his debts which he got for his daughters marriage. And the remaining costs for his medical expenses. Almost all his earning were sufficient for his day to day life with out any savings, It’s not his mistake by virtue because the agriculture is dependent on “Monsoon rainfall”, So if it hadn’t turned up well then he is no way responsible for not making profit but he owns only the pain. So life went on for him and he won’t let him self into another business not because of the problem in the capital, but also the people see him and his generation as agriculturalist so if he does another business no one will afford to buy his goods. One fine day all the prizes shook up for no reason, all the peoples in the village went to village Panchayat in search of a favorable reply. The Panchayat officer asked them to wait till evening so they did. In the evening officer called all of them in and asked them what’s the query? The people told the whole story, the officer understood their concern and told there happened recession in the United States of America, due to collapse of major market all the individual players here started to increase the prize. All were so upset because for no reason they were being charged extra. Some X or Y did some thing that too some where around 7000 miles far from their land, But they are being charged. All shouted at each other. The Officer was nice gentleman, So he told every one not to worry and assured them the situation won’t sustain much and it will be brought to end sooner.
Even though they were not happy they thanked the officer for his favorable response and his assurance and all left. Many of them in the village had some saving, Even though the market is not good now, they can sustain them self by keeping their minimum saving for atleast 2 months. But its not the case with Balu. He has to earn daily for his living. So he was afraid of what he is going to do. He returned sadly to his home. And Rathi saw his dull face and asked the reason and he told the whole story. She felt sorry and boosted him with good words and gave him confidence that they can do some thing and revive them self back.
As she was comforting him she told a old proverb “Where there is a will there a way”. So asked him not to lose his hope.
By next day as usual he went to his farm by cycle. As he went on he saw his friend “Shanker” a pot maker in his village. He just spent some time with him. Shanker told him that even his business became dull after the recession as peoples afford less money to buy his pots else they ignore to purchase so he was forced to sell in lower prize to the dealers in the city, Balu also explained about his situation and comforted him he is far better than his state and left the place. He went to his farm, since he had no money to buy raw seeds, fertilizers and other stuffs his farm was empty and had only lawn on it. He sadly went in and lied on the lawn for some time till evening. When he is about to leave he saw some shining material was glowing near his leg. He looked at that closely it was “Sea Shells” He dig the area and saw enormous amount of it. About 10 kilograms of sea shells were there. He was astonished by seeing that. He took all of them and went home. By entering home Rathi also saw that. She liked a lot those shells. So later on after they finished the dinner, Balu went near his farm in the back side of his house and enjoying the pleasant breeze. By the time Rathi took those shells and made like a beautiful art. She stitched all those shells in various shapes like triangle, square, flower etc. She almost made 10 -15 such creation. She showed it to Balu, he was thrilled by her creativity and for her marvelous work and he praised her. By next day his friend Shanker (Pot maker) came to home to visit him. As they were chatting he saw the creations made by Rathi. He asked who made those, Balu told the whole story and told he was thrilled by the creativity. Shanker even told the same, he told he need to pay around 100-150 Rupee to get these kind of material for making his pot beautiful and for attracting the customers in the city.
So Shanker asked for a favor to Rathi for making these in various kinds and give it to him whereas he would pay them 200Rs each for those arts.
Both Balu and Rathi were happy and accepted the offer. By next day Balu went to his farm and he dug the whole area and in many places he found the shells. That should bring around 100-150 of such art work made by Rathi. So now they have their new business and started out to do that. So they revived from their so called recession and made a fortune career.
Recession is a huge loss of money in the world, No one could believe that he is responsible for the issue and pay the amount from his pocket. But in reality this happens, No matter who you are and what you do. Only by creativity in terms of good ideas and fortune returning minds could make this leave the humanity. So keep trying you can make it happen in your way. BRAVO!!!
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