The latest economic data from the Euro Zone painted a nasty picture of the sluggish economy, the possibility of EU breaking up, the Euro banks are in financial trouble, the USA is bankrupt and with high unemployment rate, in Japan , the trouble in funding their pension funds and the economy is suffering from deflation. All the happening in the EU, USA and Japan is pulling down the whole global economy into a recessionary mode.
What can we do ? We are not the contributing factor to these global events and it is not within our power or control to do anything about it but just suffer in silence. We are just a speck of dust in the whole Universe while the global events carry us in their free flow. Does it matter to us if the world suffers a financial melt down. Our stock market will suffer, factories will close or cut back , liquidity will be tight, high unemployment rate, lower consumer sentiments and people will tighten their belts.
Once again, does this matters ? Recession come and go. During recession, we have to manage our resources and tie our self over the bad times and gradually the bleak situation will pass and the sun will come out again. In recession, things will be cheap and this will encourage spending and activities will pick up and the situation will be reverse. The difference is the period of idleness or bleakness. It will need time to reverse this situation.
In this Universe, it is quite natural that a boom follows a recession , like the morning sunlight after a night fall , like the sun coming out of the dark clouds after a rain fall, like winter comes after the summer. All these changes are enshrine under the natural phenomena. We , the small speck of dust will follow the tide and the wind and wait for the turn of the events. Come what may, we will live through our journey in life.
Namaste.
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