Distressing "FACTS"

Distressing "FACTS" | destitute condition of kalloor Annamanada village | Paambati snake catchers | Makuttam Paniyar and poverty Facts | Cannanore Paniyar Tribes Poverty | Carpet weavers and poverty crisis | Malai Malasar tribes of Topslip | Poverty of kurumbar tribes in Mukkali (KERALA) | unemployment & Jaisalmer (Rajasthan) | The purpose of rural education fails when!!!! | The untouchable Leprosy Patients | "POVERTY" articles and news links | Food price rises and Crisis!!!! | Economic and financial crisis | Privacy policy

What really has cooked the world economy and layoffs?

  • Major portion of the world live in poverty. Unequal distribution of economic growth led to limiting purchasing power to limited people in the world. Whereas number of industries grew created heavy competition to attract limited number of customers by tempting with number of risky incentives and facilities.

  • Growing competition among bankers and builders to grab more and more customers, on artificially escalated cost of land and homes, without scrutiny resulted defaulters.

  • Corruption and greed for fast bucks prompted unproductive investments for artificial price escalation of housing and essential commodities. Living cost of human became expensive. When fuel and food prices shot up unbearably started to reverse.

  • Lapsed regulation and control over functioning of financial and industrial sectors eased them to go as they wanted.

  • Excessive Government expenditure to manage home and world to soar Government borrowing. Non-productive heavy government borrowing disturbs productive, private investments to slow down economic activities.

  • Excessive capitalism is curse to any country as country economy is molded by capitalists to favor them. They have power to corrupt politicians and bureaucrats. Election systems too are hazardous as becomes self interest to get elected though may be by funding by capitalists.

  • Wrong leader means wrong decisions that devastate economy. In 6.2 billion world population we are still in scarce of real leaders who understand people and their needs. Need someone to bring Socio-Capitalism to assist capitalism and work towards society too.

  • Growing international competition declined own exports to world and production and services causing loss of job opportunities.

  • Free market mainly benefited to multinational companies who widened their wings to most of the world but for small and medium set ups was the time to close down due to high cost of production against imported one.

  • Flooding cheap imported goods and services trims own employment opportunities. Loosing jobs is loosing country productivity and movement.

  • Major Asian countries economy and development relied on exports to rich countries. They failed when rich failed. Whereas own country people suffered scarcity of basic commodities. Managed GDP with limited urban population.

  • Rural population remains neglected or forces migration to urban cities. If development and investment done to rural economy, lot could have buying power to boost economy. Economic planning and investment based suiting urban and some rich industrials thus rich gets richer and poor get poorer especially rural lots.

World market center in Las Vegas
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An exhibitition for home furnishing was totally flop. Only 40% customers visited this fair

Las Vegas stripped by recession
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Don't believe... the Most visited tourist center of the world is deserted roads, empty hotel rooms

Missing customers & demand resulting closures
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40-50% tourists missing. Acute recession punishes Las-Vegas

click picture and enjoy music of las vegas
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Tourists crisis forcing many small shops and entertainment centers wind up and layoffs

O! Boy Life in US is gonna crazy V low income will end up crazy, income slashing 30-40% down “Wanna bailout for safe life.” “We have many layoffs and closures. Unemployment is real hell we need to get out of it.” Hey! Obama middle and low income who I chatted with, favor you in they expect also a lot from you be prepared. Mange to put full stop on excessive escalation of housing cost so housing become cheaper so each house has new curtains/ cushion, bed linen, bathmats rugs are bought and decorated in new affordable houses.

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