Bhanu- You asked a very good question. where God came in picture. The man made problems are solved by men. Pradeep also rightly stated that we should analyze the problems and work on them. If we adopt this attitude, we can solve most of our problems.
G. K. Ajmani Tax consultant http://gkajmani-mystraythoughts.blogspot.com/
it is necessary to look into any issue by referring to relevant study on the topic. Recession is an economic matter and so study of Economics is necessary to understand it. when you catch fever, you go to a doctor and not complain against God. similar is the case with recession. This issue can be tackled by Economists and financial experts.
Recession was due to giving credit to people who were not able to repay it.Americans were the main victims in this crisis because their economy is based upon credit.They don't believe in Savings.Recession has changed their mentally from earn & spend to savings little bit. :)
Bhanu- You have reached the bottom of problem. The American economy is not only based on credit but also just this is rental economy. The Americans have provided many facilities, laboratories, colleges etc. but the personnel manning these bodies come from India, China and other Afro Asian countries. The American population is aging and there is shortage of youth. On the other hand, Indians have many youth who need job but there are not adequate facilities in India.
G. K. Ajmani Tax consultant http://gkajmani-mystraythoughts.blogspot.com/
It is necessary to look into any issue by referring to relevant study on the topic. Recession is an economic matter and so study of Economics is necessary to understand it. when you catch fever, you go to a doctor and not complain against God. similar is the case with recession. This issue can be tackled by Economists and financial experts.
