How grim is my valley

If I could name one word describing the sentiment of every odd thing around me at this moment in time, it would be this – FEAR.

Whether it’s the global financial crisis (that is rapidly moving to realms beyond the word finance), the state of political affairs in my city or the simple act of planning for the future – ‘F’ ‘E’ ‘A’ ‘R’ – has successfully managed to play its loudest notes in the conscience of civilized citizens. It’s indeed miserable to see the faces of top officials, whether in business, politics or bureaucracy; trying to put up a fake smile in dearth of genuine passion and dedication to what they always loved doing or (to be precise) they thought they loved doing. Even kids just sitting at home with schools and colleges shut today in Mumbai added to the feeling of uneasiness.

While smart journalists and business leaders may ask many questions repetitively to experts and policy makers, often it’s the level of (a) awkwardness and (b) optimism amongst the so called “solution providers” that clearly sets the tone for the future. I recall at this point in time an interview I saw in CNBC with Dr. Paul Krugman, even he for a brief moment of time, was actually running short of answers to the tough and well articulated questions of the reporter. I think at some point we should realize that it’s no longer asking the right questions to the right people that matters but trying to make sense of various happenings given the access to appropriate data and facts – something we all fail to do in our daily lives.

In times such as these where news and information always helps, we should also learn to trust everything with a pinch of salt, sit back, stretch our legs and concentrate on our present tasks/duties – rather than trying to be an expert in the making, lending our own squeaky voices in the already loud market place.

Coming back to the aforementioned sentiment, it is interesting to note that whenever it has managed to rule the conscience of humanity, we have always responded with an ever positive, stronger response. Whether it was the great depression in the United States, world wars, various financial crises, religious riots – things have always bounced back for good. And I strongly feel that this financial crisis is definitely going to strengthen both the global and local economy in the long run with the implementation of better policies and framework for sound business practices.

Redundant and outdated as it may seem, let us for now just trust this old saying – Every dark cloud has a silver lining.


~ by rb on October 21, 2008.

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