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Kalyug ka Parshuram ~ Shivprasad Deshmukh || Neil Bhatt AT
If we are to build a new foundation for global financial and monetary relations, we must summon the intellectual depth and political will that can only derive from a strong sense of moral purpose. democratic capitalism is the best hope for mankind while jettisoning the abuses and fraudulent practices that have distorted the outcomes of free market competition.
It is a capitalism that accords primacy to the entrepreneur that compensates hard work, innovative solutions, stalwart commitment and personal discipline.
Consumers must be able to properly judge the inherent value of goods brought to the marketplace if markets are to function properly.
Stimulate the economy by reducing the amount of available purchasing power or capital investment, utterly confound the notion of stable money.
Granting credits to deserving borrowers held by banks and investment houses, Financial derivatives that gamble on the anomalies of the global economy generate future higher returns from production.
People should view economic freedom as a basic human right, to be respected and protected by ensuring that markets function smoothly and openly.
It is time to pay deference to the real economic heroes of the self-made entrepreneurs who have the courage to start a business from scratch, the fidelity to pay their taxes, and the dedication to provide real goods and services to their fellow man.
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http://www.india-forums.com/forum_posts.asp?TID=941252&TPN=22
Originally posted by: nrasheed
In the last 2 weeks, the markets around the world are in chaos..and falling, people are loosing their life savings...so what do you think one should do? 1.sell your stock and take your losses...OR...
2.keep holding on waitin and praying the stock market rebounds in enough time before you stock hits rock bottom..😭It depends on where and how you are invested. If you have invested in companies that have ties to the bad financial practices causing the issues in the market, you should sell the next minute you see the market going up. If the companies you have invested in are just facing the secondary effect, you should hold on, most probably you will make a come backFurthermore,countries around the world are bankrupt...Italy and Iceland ..Germany has said they are not far behind..along with Britian declaring that their banks are also in peril..Is there a solution to saving the world financial Insititutions..or Is the global world facing a depression like no other in history....every crisis is like no other in history or else it would have been averted long agotruly we are facing a very turbulent times....looking forward to reading your comments, suggestions...robina