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-   -   There is no financial crisis (http://www.arabna312.com//showthread.php?t=4512)

الحكواتي 26 - 2 - 2010 05:06 PM

There is no financial crisis
 
There is no financial crisis.So here's what happened. When I was done with school one day I headed out, I was hungry so I took a detour to this fast food joint and ordered a sandwich and then went off to eat it in a corner when it suddenly occured to me they didn't charge me!Yes evidently they were super busy and distracted because there was this manager/investor type looking around everywhere and talking to them. The reason I didn't realize this was because my head was spinning over this disturbing thought I had about the recent stock market crash.The fact is that nothing crashed except currency! All the people in all the companies are still there, all the technology is still there and not forgotton. Now obviously besides the fact that the dollar is known to have lost value the price of stock(in dollars) has also crashed. Now think! Shouldn't the opposite have happened? How can stock value fall more than currency? It can't! This financial crisis is purely psychological and those who don't snap out of it are doomed to failure. Not that it matters much to me personally at this stage in my life though but my guess is that most people are fully unaware or only partly aware that most stock is currently undervalued and there will be no depression. This is so audaciously simple that it just goes over everyone's heads. All of these figures of low growth don't mean anything. Answer me this, if the growth of the last decade was 20% then what difference does it make if everything shrinks by 10% over the next decade? Answer, none! There is no crisis or as that one person whose name I don't recall right now said, it's just an opportunity.

أرب جمـال 26 - 2 - 2010 06:05 PM

thanks for your own opinion that I really appreciate, but I think it is a global crises and many companies dismissed out thousands of workers and people all around the globe suffer from not finding jobs
I am with you that there is a growth, but also there are wars, floods,earthquakes and other factors that have negative effects on growth which make the balance on earth

thanks for your effective topic


arab


الساعة الآن 02:41 AM.

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