Friday, October 17, 2008

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.

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