Global Economic Lesson
The world is faced with the ‘worst’ economy since the ‘second World War’ and a compulsory lesson in economics. The ‘global economic meltdown’ has taught the human different lessons about life and its expectations. As it sweeps round the world ‘crunching’ everything in sight, there seems to be ‘no end in sight’ for this man made monster. It’s ‘deepening, it’s burrowing, it’s biting harder’ they are still saying meaning, the unwanted visitor just paid the ‘mortgage’ and a ‘foreclosure’ is on the way.
Jobs are no longer easy to come by. The‘job market’ is more competitive than ever due to the ‘cuts, cutbacks and layoffs'. This wouldn’t have been a problem if the ‘savings’ and ‘investments’ were still intact. The ‘stock market’ like the ‘money’ doubler enriched many during the ‘boom’. I was never really a fan of ‘stocks’ but I needed no other persuasion so I joined. I could have invested in gold at least I can ‘pawn’ them to get by. Now the stocks have collapsed and the ‘ponzi scheme’ has emptied people’s life savings no thanks to ‘Madoff’
To prevent the ‘financial gloom’ turning into a ‘doom’ responsive governments are dishing out ‘stimulus packages’ hoping that the squandering gluttonies can be ‘bailed out’. Instead ‘bonuses’ increase and the CEOs question the ‘ceiling’. The corrupt and mismanaged economies on the other hand see the turmoil as an opportunity to increase and preserve their loot. Through ‘subsidy removal, outrageous salaries, luxury cars, inflation, inflated figures and collapsed currency’ they cow and obfuscate the masses.
Banks’ are folding up so no ‘loans’ to resuscitate businesses. Where ‘discounts, sales and down sizing ’ can no longer suffice, ‘businesses close down’, houses are put up ‘for sale’ at ‘new low prices’, ‘taxes and bills’ pile up, children are withdrawn from schools and families now analyse the difference between ‘cheap and economical’ products to make ends meet. Both sellers and buyers seeking point of compromise. Yet it is short of a ‘depression’ that word is too extreme a description let’s settle for hopelessness!
The rippling effect of this ‘crisis’ on family life and values are enormous. Hard times bring with it tension, frustration, stress, distress, devastation, domestic violence, divorce, death and every destructive D in the Dictionary. Families hanging on the thread before now would end up broken but still living together to avoid the expensive cost of divorce. Those whose bread winners have lost all are living below survival mark. Unknown innate abilities and talents are evolving everyday following the Nigerian saying “when hunger waya you well well you go find your talent”. Thus children who ordinarily should be studying are either on the streets discovering their abilities or working to help the home.
The global economic school is teaching a hard lesson with an even tougher examination and only posterity can give the best grade. Nobody knows the way out of this 'recession' despite 'summit after summit' it remains a trial and error affair. I wonder how far the 'road to recovery is'.
Jobs are no longer easy to come by. The‘job market’ is more competitive than ever due to the ‘cuts, cutbacks and layoffs'. This wouldn’t have been a problem if the ‘savings’ and ‘investments’ were still intact. The ‘stock market’ like the ‘money’ doubler enriched many during the ‘boom’. I was never really a fan of ‘stocks’ but I needed no other persuasion so I joined. I could have invested in gold at least I can ‘pawn’ them to get by. Now the stocks have collapsed and the ‘ponzi scheme’ has emptied people’s life savings no thanks to ‘Madoff’
To prevent the ‘financial gloom’ turning into a ‘doom’ responsive governments are dishing out ‘stimulus packages’ hoping that the squandering gluttonies can be ‘bailed out’. Instead ‘bonuses’ increase and the CEOs question the ‘ceiling’. The corrupt and mismanaged economies on the other hand see the turmoil as an opportunity to increase and preserve their loot. Through ‘subsidy removal, outrageous salaries, luxury cars, inflation, inflated figures and collapsed currency’ they cow and obfuscate the masses.
Banks’ are folding up so no ‘loans’ to resuscitate businesses. Where ‘discounts, sales and down sizing ’ can no longer suffice, ‘businesses close down’, houses are put up ‘for sale’ at ‘new low prices’, ‘taxes and bills’ pile up, children are withdrawn from schools and families now analyse the difference between ‘cheap and economical’ products to make ends meet. Both sellers and buyers seeking point of compromise. Yet it is short of a ‘depression’ that word is too extreme a description let’s settle for hopelessness!
The rippling effect of this ‘crisis’ on family life and values are enormous. Hard times bring with it tension, frustration, stress, distress, devastation, domestic violence, divorce, death and every destructive D in the Dictionary. Families hanging on the thread before now would end up broken but still living together to avoid the expensive cost of divorce. Those whose bread winners have lost all are living below survival mark. Unknown innate abilities and talents are evolving everyday following the Nigerian saying “when hunger waya you well well you go find your talent”. Thus children who ordinarily should be studying are either on the streets discovering their abilities or working to help the home.
The global economic school is teaching a hard lesson with an even tougher examination and only posterity can give the best grade. Nobody knows the way out of this 'recession' despite 'summit after summit' it remains a trial and error affair. I wonder how far the 'road to recovery is'.
Words of our time! NOW WE NEED GOD MORE!
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