02-23-2009, 08:39 PM
Dears,
Certainly the people in markets or hospitals or shopping malls cannot depict whether or not a recession has hit the economy. Like-wise number of currency notes don't count when we see liquidity crunch because it depends upon inflation, interest rates, prices and other factors of money regularization by central banks as per monetary and fiscal policies.
The value of money coupled with macro aspects of infrastructrural and other developments, interest rates, loans which a nation owes, and nature/extent of expenditures and potential expenditures have bearings to liquidity and financial situations.
The world-wide ficticious property and stocks boom was a game played by stakeholders which was outrightly expected to produce such a bigbang. I was waiting for it even at micro level since the year 2005.
Further, when writer will summerize the history, he will definitely affix major part of responsibility of such crises on the shoulders of the so-called "war on terror" which has directly or indirectly surrounded more than one third of the globe almost.
Be it the issue of banks or mortgage companies or whatever, the war on terror and insane / lustful acts of America, Israel and western countries have all their contribution to the situation world is facing at the moment.
Let's see what ideas come from other members of the forum.
Regards,
KAMRAN.
Certainly the people in markets or hospitals or shopping malls cannot depict whether or not a recession has hit the economy. Like-wise number of currency notes don't count when we see liquidity crunch because it depends upon inflation, interest rates, prices and other factors of money regularization by central banks as per monetary and fiscal policies.
The value of money coupled with macro aspects of infrastructrural and other developments, interest rates, loans which a nation owes, and nature/extent of expenditures and potential expenditures have bearings to liquidity and financial situations.
The world-wide ficticious property and stocks boom was a game played by stakeholders which was outrightly expected to produce such a bigbang. I was waiting for it even at micro level since the year 2005.
Further, when writer will summerize the history, he will definitely affix major part of responsibility of such crises on the shoulders of the so-called "war on terror" which has directly or indirectly surrounded more than one third of the globe almost.
Be it the issue of banks or mortgage companies or whatever, the war on terror and insane / lustful acts of America, Israel and western countries have all their contribution to the situation world is facing at the moment.
Let's see what ideas come from other members of the forum.
Regards,
KAMRAN.
