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June 23, 2008

No method to this madness

Analysis of: The World today |
This analysis is solely the work of the author. It has not been edited or endorsed by GLG.
Analysis By:
Harnath Sithamraju
Consultant, Harnath Sithamraju
Implications: 1. Peace is elusive on this earth. 2. Interval between two crisis is a crisis.

Analysis: Money may be the root of all evil but it certainly is the root of all business. And major wars or crisis can be traced to that five letter word - Money. The half- brother of money is Power.And they give the impression of twins. It is always - money first, power next.No power without money. Bill Gates can confirm it for me. But there were/are exceptions. But money or power doesn't talk about Buddha, Jesus or Gandhi. Or for that matter Newton, Einstein or Edison.

As long as the human head is driven by money and power ( in the shape of oil, funds or presidentship) humankind will be searching for sanity among chaos.

Never look back - Look ahead. Is a statement fraught with danger.If you don't look back you will never know what is wrong. Does anyone remember Hitler or junk bonds (earlier version of subprime)?  Humankind is never willing to learn from past mistakes because every generation is unique ! But the reasons for stockmarket crisis or the wars have not changed.

As long as humankind does not change its attitude or mindset the economic outlook every year will be the same - Dim.

 

Other Analyses of the Same Source Article:
Choppy Seas need an Anchor
July 3, 2008, Author: GLG Expert Contributor

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