Thursday, January 1, 2009

A New Year

It’s just a matter of a second passing by…and it's a whole new year to welcome. Goodbyes and cheers all in one chorus…crackers for some and a noisy sleepless night for others. Dividing time in past and future…good-riddens for some and sweet memories for others. The welcome song is sung and we greet the coming year more than any other guest – the changed date might bring in changed times for us all. ‘Change in anticipation’ is always thought as towards the better. It's a new calendar, a new date and a new list of holidays…

We have been forced to move a few steps backward while we step into this new year. After nearly a decade of merry making, using without thinking and touching new heights…we have finally realized “slow and steady wins the race” and that we need to preserve our fuel for long races. Our fuel – may it be the fuel in literal sense or energy from various resources in the more abstract one.

“SAVE” – that's the ‘saving mantra’.

Save ourselves, our resources and our nation…it’s that simple if we have the wish to…

1 comment:

Unknown said...

Happy New Year...and nice to see you back in blogosphere :)
Adding to your "SAVE" theme...

The ghost of John Maynard Keynes, the father of macroeconomics, has returned to haunt us. I came across a recent article on the same and thought of quoting here...
“A sound banker, alas, is not one who foresees danger and avoids it, but one who, when he is ruined, is ruined in a conventional way along with his fellows, so that no one can really blame him.”

A crucial question for emerging market countries in 2009 is whether they have access to capital. Those countries that do may prosper. As for those that do not, it might be better not to ask.

This year is not going to be easy for the developing world. Lower commodity prices and slumping Western economies will limit growth. With the United States, Western Europe and Japan all in recession and unlikely to emerge quickly, whatever meager growth there is will be concentrated in emerging markets... your thoughts?