PANIC IN FINANCIAL MARKETS

PANIC IN FINANCIAL MARKETSSIMILAR TO THE GLOBAL OIL CRISES NOW THE FINANCIAL CRISES HAS ERUPTED & ONCE AGAIN THE WORLD IS THINKING WHY? THE QUESTIONS RAISED ARE SIMILAR TO THE ONES MENTIONED BELOW ? THE OIL PRICES HAVE GONE TO LEVEL OF $70. WHY? ONCE AGAIN IT IS PLANETARY INFLUENCE & IS TEMPORARY.IT REMINDS ME OF A OLD STORYA FARMER HAD THREE SONS, WITH THE PASSAGE OF TIME WHEN THEY YOUNG. FATHER WANTED THEM TO GO TO THE CITY & EARN MONEY SO HE GAME EACH ONE OF THEM ONE BASKET. FIRST HAD BANANA, THE SECOND HAD PEANUTS, & THE THIRD HAD APPLES.THE FARMER GAVE THEM ONE DOLLAR & TOLD THEM TO EAT SOMETHING DURING LUNCHTIME.WHEN THE FIRST SON HAVING BANANAS FELT HUNGRY HE GAVE $1 TO THE SECOND ONE & BOUGHT PEANUTS.SIMILARLY WHEN NO. 2 FELT HUMGRY HE GAVE SAME $1 TO THE NO. 3 & BOUGHT APPLESSIMILARLY WHEN NO. 3 FELT HUNGRY HE GAVE THE SAME $1 TO NO. 1 & BOUGHT BANANASTHIS CYCLE WENT ON FOR THE WHOLE DAY & IN THE EVENING ALL THE BASKETS WERE EMPTY & THE SALE PROCEEDS WAS ONLY $1 WHICH THEIR FATHER HAD GIVEN IN THE MORNING SIMILAR IS THE SITUATION OF OUR GLOBAL SHARE MARKETS.

BAN CEMENT & STEEL IN CONSTRUCTION

In recent years there is a growing concern about the increasing Global warming, As a Structural Engineer with specialisation in Reinforced Cement Concrete & Steel Structure I have lately started thinking that modern Civil Engineeing is Major Cause in the Global warming. cement & steel came into existense only within the last two Hundred Years. But the world has had it's existense for over two thousand years & Global Warming was never a serious issue. In the name of development & status symbol Mega Multistoried Buildings are coming up in many parts of the world. Just imagine the quantity of cement & steel consumed in these buildings. Even in small One & two storied Building extensive use of Cement & Steel is being done.This steel & cement has to be produced in factories which emit enormous amounts of heat & gases. Almost all these building need Airconditioning requiring huge amount of Electricity. Why can't we promte the use of locally available building material Like Bricks, Lime, Stones. 13 / 18 inch Load Bearing with ceiling heights above 18 ft. & ventilators provide very comfortable Living