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Started by : Darpan Sinha, Tech Architect, Royal Bank of Scotland   04 03 2009 10:13:27 +0000
Keywords : economy ressision
Activity:  232 views;  last activity : 08 17 2010 08:50:58 +0000

Its already more than a year since we see this downwards trend, according to principles of economics it normally takes 3 yrs to come out of it what do we feel how many years/months will it take to get the global economy on track

 
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1 2 3 4 5
1 It's all in your MIND !!!
2 India - 6 Months
3 by jan 2011
4 Recession hits hard
5 2 Years
6 systems have their own rythm and fulfill their own goals

It's all in your MIND !!!

idea posted by Puneet Maurya Project Lead, Aftek

Hi everyone....

I got this interesting story on my mailer...pretty interesting !!!

This Story is about a man who once upon a time was selling Hotdogs by the roadside.

He was illiterate, so he never read newspapers.
He was hard of hearing, so he never listened to the radio.
His eyes were weak, so he never watched television.
But enthusiastically, he sold lots of hotdogs.
He was smart enough to offer some attractive schemes to increase his sales.
His sales and profit went up.
He ordered more a more raw material and buns and use to sale more.
He recruited few more supporting staff to serve more customers.
He started offering home deliveries. Eventually he got himself a bigger and better stove.
As his business was growing, the son, who had recently graduated from College, joined his father.
Then something strange happened.
The son asked, "Dad, aren't you aware of the great recession that is coming our way?"
The father replied, "No, but tell me about it." The son said, "The international situation is terrible.
The domestic situation is even worse. We should be prepared for the coming bad times.."
The man thought that since his son had been to college, read the papers, listened to the radio and watched TV.
He ought to know and his advice should not be taken lightly.
So the next day onwards, the father cut down the his raw material order and buns, took down the colorful signboard,
removed all the special schemes he was offering to the customers and was no longer as enthusiastic.
He reduced his staff strength by giving layoffs.
Very soon, fewer and fewer people bothered to stop at his hotdog stand.
And his sales started coming down rapidly, same is the profit.
The father said to his son, "Son, you were right".
"We are in the middle of a recession and crisis. I am glad you warned me ahead of time."

Moral of The Story: It's all in your MIND! And we actually FUEL this recession much more than we think we do!

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It's very true, we are magnifying the issue of recession by our beliefs & surrounding situations. The problem because of it's global nature or characteristic  will take some time to disappear & forecasting days or years for it's removal  will be hypothetical. What we can do, is implementing measures & do a holistic study of the subject , so in future if such situation arises,we should be able to lesser it's intensity & prevent it from spreading globally.I think , from the great economic depression of US 1929, we should take some learnings.

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Yes.. If you think it is recession, then it is recession. It is all in our minds.. It is high time to change and get out of this fear..

1
  

The recession talks started when Lehman Bros. & one by one banks in US started declaring bankruptcy. The fear of recession gripped world, as it was related to US.

Recession is in real terms in US & to certain parts of Europe. In India, it is "fear for the UNknown". All the measures were taken as pre-cautionary measures to prevent worst from happening. As the time elapsed, and people got aware of length & breadth of problem, it should not take time to return to normal situation.

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India - 6 Months

idea posted by Shaju George Facilities/Construction Manager, IBS Software Services (P) Ltd

India will recover in coming 6 months from the slow down.

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by Teddy Jacob, Freelance Designer, Teddy Jacob  | 05 06 2009 08:59:01 +0000

Its not Recession it should actually be called as a Correction of all the exhorbiant profiteers are trying to make in this money riddled world. Anyways our ecnomy seems to be picking up auto sales seems to be picking up slack due to bank ernormous gratitude of lowering the interest rates and positive feedback from the media can always bring the economy up another notch.

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by jan 2011

idea posted by Dushyant Hada Territory Manager

by 2011 jan, all bed news will be over and its only good news which will find their way to light by then.

1
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Recession hits hard

idea posted by Amit Rajut Software Developer, Mr X TR St

Lots of talking is going on,But there are lots of jobs lost bcos of recession.

Even I was working for a US based company and they have closed the Offshore dewvelopment in India as a result we a team of 30 developers loose our job.

1
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2 Years

idea posted by Darpan Sinha Tech Architect, Royal Bank of Scotland

According to principles of economics it normally takes 3 yrs to come out of the vicious cycle

http://en.wikipedia.org/wiki/Virtuous_circle_and_vicious_circle

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by Gargi Sinha, Senior Consultant, Hewitt Associates  | 04 09 2009 09:03:22 +0000

The process of coming out of recession is very slow I think it will take 2 years to settle the market and if in this situation frauds like satyam fraud impact Market a lot specially Indian market...

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by Radhakrishna Marar, Business Analyst, Oracle  | 04 03 2009 10:21:12 +0000

Yes even i to agree with darpan here that It will take 2 years or more to come out of this recession, as many of the things needs to be corrected, as those are the processes which led to a situation like this, so there is some correction also needed, so 2 years from now one can see the recession end.

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systems have their own rythm and fulfill their own goals

idea posted by andreu ginestet Corporate Planning/Strategy Manager, ginestet

dear friends,

the resession will last the time it needs to last in order to achieve a goal that is set on a system level. Each crisis is there for a reason that is internal to the crisis itself. Each crisis has a "positive" goal. The goal is positive in the terms of "positivism". The goal is a goal from the perspective of the crisis itself.

This present crisis also has a positive goal and a reason to be. The reason is defined by the crisis itself.

The crisis we have is not an economical crisis. The crisis is set up as a complex crisis on 7 main levels and all are connected and operating to fulfill one single goal. The goal set by the crisis system.

For this to be understood you need to understand what this crisis is and how it operates.

Single humans only have an influence on the system if they understand properly why the system exists and for which reason it is established. For this reason, beyond any wishful thinking it is recommended to understand the principles of functioning of the system and how the crisis operates for which reason. Once you understand the reason of being of a crisis, you can replace its function by a different type of structure. This different structure needs to be constructed and needs to be efficient.

Freedom is only possible if you understand what is stated above and if you understand why this is articulated this way. 

A solution will only start to exist when you understand and and know how to create problems instead of solving problems.

Those who would like to know need to read, understand, interpret and write system theory.

I can explain why the crisis of which you talk may easily last till 2014, 2015 or even further if you like. I can also perfectly explain the character and the reason to be and the goal of this crisis to any person who would like to understand if you like.

The reason for the crisis to exist has nothing to do with what you tell in your ideas, and never the less  all your ideas are valid on a everyday level of discussion. The crisis lays far deeper than what your comments tell and you do not seem to see what it means. What you talk about and what you comment has to do with the visible patterns of the crisis and not with its ultimate structures and functions.

Please let me know if you would like me to explain a bit more in depth what is going on.

In this case the egg (crisis) comes before the hen. The egg is rather big this time.

 

Sorry if you don't like what I write. I do not like what I write, but I am a scientist working on a dead loss issue and trying to rescue what  can be rescued. I do not like the crisis and I do not like the understanding I have of it either. But I do not want to fool any person. I try to face honestly our common sake.

Meanwhile the fire eats the woods away.

Best,

Andreu

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