N Ramesh
The World Economic situation has never been so very bad and fragile as at present and even dangerously poised, thanks to the wrong Economic and Monetary Policies deliberately pursued by the US Administration during the last eight years, which has done more harm than good !
Yes, the world economic scenario has never been so discouraging and extremely delicate as it is now, thanks to the misrule cum maladministration of Mr. George Bush during his Presidency which has pushed the whole world to the brink and edge of a deep seated economic crisis !
Indeed, the whole world have never even been in a such a bad shape or rather in a messy and disastrous situation as it is turning out to be now, thanks to the faulty economic and political moves resorted to by the Bush Administration, for which we have to pay a heavy price in future !
Truly, the entire world is getting in a more murkier and dangerous economic condition than ever before which may even resulting in plunging our world into the Greatest Depression, thanks to the erroneous decisions taken during the last two terms of the erstwhile US President Bush !
Actually, the world has been forced to experience an uncalled for economic catastrophe and that too of unimaginable proportions from where it is absolutely very difficult for the comity of Nations the world over to retrieve and come out without major scratches or severe bruises !
In fact, it is going to be a lethal blow for a few economies the world over who are dependant on the Health and the well being of the US Economy to a very large extent, which alone will crush them to crumble and collapse, a moot point that is no doubt required to be emphasized here !
For it may practically egg several countries to literally buckle under pressure and get crippled in the process, and even go bankrupt any time from now besides pulling many others into a deep economic recession, leading to even a Global Depression which cannot be ruled out at all !
In other words, the various erroneous decisions of leveraging the economics of America has not only put itself into trouble but also pushing others into much deeper trouble, and which alone (the American Economic Mismanagement) has plunged the entire world into a problem zone !
That is to say, the American Economists and Policy makers have done injustice to the world around and ensured the breaking down of many economies and even crushing them or rather hurting them intensely, if not plunging them to the level of going through a bout of Recession !
In short, the world of economics is going through a spin as the whole of America as a Nation is in a mess which puts the rest of the world in deeper peril of sinking alongwith the America, the country which is ironically even now referred to as the ‘Land of Opportunities’ for many people !
And this is all the more true and important and significant when there is a change of guard at the helm of affairs in this Great Democracy wherein the people are rejoicing over the triumph of a young looking Black human being trouncing a White Man in the race towards its Presidency !
Yes, the world economic scenario has never been so discouraging and extremely delicate as it is now, thanks to the misrule cum maladministration of Mr. George Bush during his Presidency which has pushed the whole world to the brink and edge of a deep seated economic crisis !
Indeed, the whole world have never even been in a such a bad shape or rather in a messy and disastrous situation as it is turning out to be now, thanks to the faulty economic and political moves resorted to by the Bush Administration, for which we have to pay a heavy price in future !
Truly, the entire world is getting in a more murkier and dangerous economic condition than ever before which may even resulting in plunging our world into the Greatest Depression, thanks to the erroneous decisions taken during the last two terms of the erstwhile US President Bush !
Actually, the world has been forced to experience an uncalled for economic catastrophe and that too of unimaginable proportions from where it is absolutely very difficult for the comity of Nations the world over to retrieve and come out without major scratches or severe bruises !
In fact, it is going to be a lethal blow for a few economies the world over who are dependant on the Health and the well being of the US Economy to a very large extent, which alone will crush them to crumble and collapse, a moot point that is no doubt required to be emphasized here !
For it may practically egg several countries to literally buckle under pressure and get crippled in the process, and even go bankrupt any time from now besides pulling many others into a deep economic recession, leading to even a Global Depression which cannot be ruled out at all !
In other words, the various erroneous decisions of leveraging the economics of America has not only put itself into trouble but also pushing others into much deeper trouble, and which alone (the American Economic Mismanagement) has plunged the entire world into a problem zone !
That is to say, the American Economists and Policy makers have done injustice to the world around and ensured the breaking down of many economies and even crushing them or rather hurting them intensely, if not plunging them to the level of going through a bout of Recession !
In short, the world of economics is going through a spin as the whole of America as a Nation is in a mess which puts the rest of the world in deeper peril of sinking alongwith the America, the country which is ironically even now referred to as the ‘Land of Opportunities’ for many people !
And this is all the more true and important and significant when there is a change of guard at the helm of affairs in this Great Democracy wherein the people are rejoicing over the triumph of a young looking Black human being trouncing a White Man in the race towards its Presidency !
That is, even as the whole world celebrate the victory of a Black man as the President of USA the economy of that Nation is all set to skid and fall into a bout of Economic, if not pulling all other countries also along with it into a phase of Economic Depression which is long overdue !
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