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Global Financial Crisis 2008 - worst is not over!

    Thu, 09/18/2008 - 13:05 — indiacity

    We can expect many more crisis unfolding as a price of overall human development. A man jumping from top floor out of a 100 storey building can feel flying with joy until his reaches the ground floor with a big bang. This is the case with most inflated companies and their greedy management, we only know when they actually burst. We should watch and regulate them starting from their intention to climb that building from ground zero!

    The golden rule is "do not expect the market to behave and act for your profit". They are playing for their own profit. Win-Win is only a term used to convince or induce not-so-smart investors. There will still be a bunch of guys who have profited from these crashes. After all, nobody is throwing money into the Atlantic Ocean, if you lose someone else gains.

    Though the US with its GDP power and obvious political reasons have to cool-down the market for a while by injecting trillions of dollars, the long-term prospects are unclear. Some say the capitalist dream is over for better as Financial Leverage is misused to manipulate markets for decades. Organizations should be regulated and compelled to hire more ethical traders and managers rather than B-School MBA Grads who have just learned to make money at any cost.

    US officials while rescuing the global giants claim it is just a real estate correction due to bad debts in banking system. Whatever the case, the market sentiment have changed forever, and valuations will come under immense pressure from now on...be it real estate, equity, debt, bond, products, services, or...anything.

    Source: http://www.realestatetimes.in/

    Comments

    DotCom, Asian, Financial, Banking, Stock, Estate, What next?

    Unfortunately, incentives for playing smart (mostly doing bad) are huge and accepted by legal systems, regulators, government and modern society at large. As a wise man said, what if one bubble has bust, another will be in making...