ECONOMIC NOSTRADAMUS...It is a bit painful to see the Future

Yeah..folks. But the TRUTH that is unfolding has to be told. It is a combination of
GEOPOLITICAL FACTORS, MARKET TRENDS....and WAR.

The TRUTH, as I see it is...my dear Friends :

THE GLOBAL ECONOMIC MELTDOWN WILL CONTINUE. People ignored stalwarts like George Soros, Warren Buffet..You all want to hear the TRUTH...don't you ?

THE DEFICIT...GLOBAL, NATIONWISE,STATEWISE..shall have to be DECREASED. There will be many casualties..Financial Institutions will collapse.

Individually, loan-takers will suffer. SACRIFICES HAVE TO BE MADE..LOANS HAVE TO BE RECOVERED, AND WILL BE RECOVERED BY BANKS.

GLOBAL ECONOMIC MELTDOWN WILL HAVE MANY GEOPOLITICAL UPSETS :

• Obama has a greater chance of becoming President of the U.S. Yes, the tables have turned. But...to turn around the U.S. Economy will be a task greater than that what Roosevelt (WW2) faced.
• Russia > Putin or his protege will turn stronger. Russia will grow strong. Look Westwards.
• India > NDA will come to power. Some Indian States will see greater turmoil if issues are handled by people who DO NOT UNDERSTAND THE GLOBAL SCENARIO.
• Japan will grow stronger. Will start building its military.
• China will start facing confusion and economic slowdown, and possibly disaster. Sorry, but you cannot change what is coming.
• Mid East countries, rich in Oil..will grow stronger. And start calling the shots. Strategic oil trade partnerships will decide a lot of which countries will propsper amongst the Non Aligned Countries.
• European Union will grow stronger. A great merger /sub-merger of nations will start to happen.
• Financial mergers on a STRATEGIC SCALE. Globally speaking.
• WAR. There is quite a possibilty that we will see World War 3. Sorry if I sound shocking, but that's Reality..
  

Think about World War 2 ..Did it have a specific date ? ? we all like to put a date...But,
When did it really start ? Food for thought indeed.

Sorry...but that's what I see in the Future - ESCALATION OF CONFLICTS..

I discovered my PERSONALITY TYPE, BTW - the ORACLE..
I wasn't exactly pleased, to be quite frank..being the ORACLE can be bit painful, you
see....IT IS NOT EASY TO "SEE" A GREAT WAR COMING...BUT THAT WILL BE THE REALITY YOU WILL ALL FACE..

Disclaimer : I keep changing my auto-forwarding list so often....sometimes in a hurry
forget revising the names...hope this doesn't reach the wrong person....hope you go through ALL my blogs 'n' enjoy the new look

"Industrial Capitalism" versus "Financial Capitalism"

Clearly, "Industrial Capitalism" is the backbone...that creates infrastructure, creates employment. Most importantly, it creates a "chain reaction" to create more industries.

Also, innovative and creative spirit has to be there behind this brand of capitalism.

Any economy that is making a transition from a "socialist model" should benefit mostly from the clean, efficient, planned implementation of this brand of capitalism.

"Financial capitalism" is speculative....recent developments showing the collapse of many stalwarts have led to panic. But still, it is necessary as the tool for raising/pumping in money into the industry.

Let us take 3 hypothetical industries : RAMO, SAMO and TAMO.

RAMO is on a high...
TAMO stocks are currently low...

Now, a shrewd investor, seeing TAMO's potential would buy it...Quite a few would...

This would result in much needed influx of capital into TAMO....which can increase productivity.

But the problem with "Financial Capitalism" is the fast-buck approach that has led to the collapse of the giants...sub-prime lending being amongst them....