The associated press on Tuesday, 15th September brought out a report which quoted Federal Reserve Chairman, Ben Bernanke, saying that the recession was technically over. The report went on to say that though the recession is over, it's after effects will still be felt for a couple of months or maybe a year. This also seems to mirror the views of other eminent people like economist and other top academicians.
I disagree with all these people! We are like totally outta this recession stuff! These guys are just trying to mess with our psyche because they know that their power stems from our fear. Look at most of these economist guys, who the hell gives a dam about these people anyways? Not me, that’s for sure! And you guys too wouldn't really give a dam, it's just now because of all the gloom and dome recession talk is that we have elevated these economists to near god like levels (and to some they have become god itself!). If there was no recessions we wouldn't be worried about these people, we would instead be worried about stuff like what Katrina Kaif thinks about Salman and about some dude that's impersonating her on twitter, John Abraham's love affair with his bikes, if Sushmita and Lara hate each other or not, etc, etc and etc!
Guess you guys know what i'm getting at. Finally, the most conclusive evidence that proves recession is finally over -
An ad i found in a bus. In case the pic isn't very legiable, it says -
"Earn 40,000 in three months, no work, no conditions apply..."
People are willing to offer you a job where you do nothing and yet earn 40,000 in three months! I mean come on! Does it sound like something you will find in a recession hit economy? There are employers out there who are willing to pay you to do nothing! If you doubt the authencity of the ad, you are a fool! It is totally legit! Why u ask? Well here are the reasons -
1. It's an ad that is pasted on top of the bus's window so it can't be lies. BMTC will never allow fake ads to be pasted in buses!
2. A telephone number is given on the ad and nobody will simply give out their telephone numbers if they are lying now will they?
3. They have very clearly said no conditions apply, and have specified the time in which the 40,000 can be amassed. Therefore the sheer number of details provided proves that the ad cannot be fake!
Hope you guys out there have a nice, recession free dasara ahead!
The articles on Katrina, John and Sushmita and Lara that i know you guys are dying to read about!
The article on recession that i know none of you guys will be interested in reading!
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4 comments:
Recession? What recession?
Here its business as usual in India. Just watch the festivities for Dussera, there will be no cutting back at all!
Well, there are many who blame the economists for this mess in the first place. The neoliberals, for example, do not want any kind of government intervention (interfearence?). Not as long as they were doing well anyway; the governments needed to bail these big corperations out when they were doing poorly...
Some even ask if economics is a science if it cannot anticipate such things, or at least warn against them. Just because it makes use of mathematics, it does not become more of a science...
Err.. I am still figurin out if this is a sarcastic post. Surely, you don't believe that the recession is OVER!!
If you do, i am afraid you have got it wrong. Why?
Just 1 simple reason : Look @ the unemployment levels in America. It is at a all time staggering high. If it is true that the recession is OVER, then why in the worl arn't these people getting their jobs?
To say that the recession is not at its worst and is decreasing is true. But, to very bluntly say, its OVER, is wrong.
Bernanke will have you believe that the recession is over because it is his job to stabiulise the economy, and he will be out there in a podium with elegant Armani suits to say that.
Even in India, you take the aviation sector and many outsourcing centres in Bangalore you will get a clearer picture.
Neverthless, recession is not a major player and a global moribund as far as India is concerned.
Ha ha. After reading the link on Bernanke it just reinforces my point. "From a technical perspective, the recession is over, BUT ITS STILL GOING TO BE A WEAK ECONOMY"
WHAT A JOKE!!!
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