Ha!
There goes your de-coupling out the window Mr. FM. Make Shankar Sharma the FM instead, atleast when he reads "Danger" he doesnt translate it to "Go Ahead". What a mischief, what a fool we've (ordinary investors) been made. The dream team played real good poker, they convinced us to put everything on the table and didnt have the courtesy to say "Sorry" when we had our a$$es bared. That's Indian leadership!
Well, the faith in Indian Corporates and the foundations of this economy have been completely shaken, what looked like a country full of Buffets and Gates, is not increasingly looking like characters from the movie "Traffic". Every second day, an industry representative is making statements about alms (read bailout) being given to his/her industry. Real-estate, MF, NBFC, Airlines, Oil Cos, Metals, Non-metals and Exporters (well the list would have been shorter the other way round) are all out with a bowl in their hand. Why, Udayan even tried to distance himself with the hollow "bullish" sentiments that hes' been trying to steer, and should take a large part of the "moral" blame if small investors are running for cover. Most experts barring Shankar Sharma, are almost ready to form the "Yes I fucked up, but dont blame me.org" NGO.
In a world of serious coupling, and global reach, it would have been foolhardy to think that storms are only regional. No! This is a global economy in crisis, and we have to take part in the healing process, and if ever India needs to show its' leadership in the world economy.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment