The presidential run campaign in a country was there running in front of me .The candidates were talking on promises ,promises to deliver the best to tomorrow’s children , the best that they can deliver ,so that they don’t know what it is to be deprived of ….
Though these might be a standard text format ,being tailor made with some context drawn to the local socio & political climate ,the bottom line remains the same elsewhere in this world too .
I’m sure our children as well as ourselves are going to be neither spared form huge taxes , the rising prices ,inflation , rising interests , huge realty speculations. You have a retro perspective ,I’m sure it is going to be a more Herculean task to provide basic infrastructures including sanitation ,drinking water , motor able roads.
Banks / Institutions lend money to people to make investments like stocks ,shares , futures, commodity etc, with auto , home being exempted . people borrow money and lend to others in anticipation of a big speculation which in the end turns out to be a big far* . Such complex financial innovations can lead to catastrophe phenomenon casting the whole world, Sub prime being the best example in this context . Lending loan to a person at a higher rate who doesn’t qualify for a loan might be stupid idea ,a common man would say , but these were the things that some bright ivy league whiz kids were loitering with in their blue shirts before the bull
So what are we talking about , a whole new promising world to our kids , whom are we fooling around …… ?
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