Hello , you would be thinking what the heck is this.AMerican share market and what is to do all about with fort kochi.You know what we kochi people's most hangout place is the beach side and parade ground and around places.Today was a Sunday and as usual we friends gathered there.As usual after all the small happiness we have .......don't think too much what it is :)....we gathered at the bottom of the very famous young banyan tree as we usually do.
You know what after some time some usually FORTKOCHI PILLER( guys from kochi are called about usually by this name ) came and took the place very next to us.And what happened after that is a story...no historical move i would say....They were talking various ways and what happened in the US share market ....
They were quarreling like anything saying mercy linch, leekman brothers ...yes what u read is correct "mercy linch","leekman brothers"...i gave ear to it .....as if i was mistook what they said..no they were telling the same stuff
Oh !!! god am not that finance sector freek but i think i can at least spell the names of the banks and share investment players.And i swear if Barack Obama and Senator Joseph R. Biden Jr would surely hang themselves hearing all the debate amongst them.They were talking all the international politics and would you belive some excellent ideas and theories were on air that time.And if the financial planners and investors hear that in real they would stop thinking of the market and burst to laugh.Yeah those were in one word just AWESOME [:D].This is the part to laugh .
Now my question is how many of the people know , i mean except economy students or those people who are really into share market , what clearly is happening in this market.Even while writing this i don't have a clear idea what exactly happened and how lehmen and meryll got filed as bankrupt and AIG is on urge of nationalization and all.Be honest do you know what is happening .
I am not saying that all of us should be Finance guru and all .But why i am writing this is to get an idea of what i know and what is actually happening in the market and how it is going to effect all the economies.I was making fun of this FORTKOCHI PILLER , suddenly one of my friends asked whats an H Fund and how Lehman and all others got bankrupt.That moment i had no answer because i just had a little knowledge and was pretending to be a guy knowing everything and as if the market is running on my head.And this write up is meant for those guys who think like this.I argued with him to defend my self saying that i need not know all the root causes.But is it like that , if you are not related with economics at least we need a little idea of what is happening and how could it affect the other economies etc.Being an IT guy i was thinking of just the technology and some other little tricks to face the interviews and was least concerned about all this.But surely it will come to play when we start to think of our career to start a business.Or manage something like a project ,if an IT guy.Apart from technical i think these are all the fundamental things we need to know.
My habit was to hear something here and there from news and others views and present it in front of others who i think have less knowledge about these things than me.Yeah like those people you could also be fooled or baffled.
This write up is not for the real genius and so pretending genius.I think this would create a fire in at least one of us bellies to know all this fundamental things.At least i have started realizing things that i know very little about the real facts and will try to take the measures which could rectify it.And one word more.All of us think or at least the major league think that US economy should collapse and that will make the US people a little less suborn and more humble as if now they think they are the rulers of the world.Just a moment ....if they are not there who will buy all these softwares,exports,seafood ..this is just the case of INDIA...and hardwares from china , Oil from middle east...I don't know much details on what not they buy.US is the biggest buyer according to me .So just think all he BPO industry ,IT, Export, ..and a million other business which survive on US ..Yeah i have started thinking and started to analyze .One more ....and am happy
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