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Hi,
All of us have heard of the wall street disaster, and the worst part of all this is greed, greed and greed..This is agreed now by all "experts" who sit and spout thier opinion on CNN,BBC,CNBC,BLOOMBERG...Where were these so called experts when people were encouraged, and prodded by credit card companies to "borrow and spend", spend on their future income?I do hope that emerging economies have learnt not to do the same with its population, and also hope that the rest of us have learned the same....
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hi ranjitha
very relavant topic.only in tyhe morning i read about a family of 4 suicidigng due to losses they suffered in the share market. last week another indian killed his family for the very same reason.the very guys who were going bla bla over globalisation started criticising it now.i am pained to hear that governments are announcing packages to rescue the companies who swindled pulic money. instead these governents should try and rescue ordinary people .who invested their life saving in these companies. by the way i was also lured into investing in a unit based life insurence policy, after promising the moon. u knw what they r offering for my 1.5 lakh premium paid already --- rs23000/- reason markets crashed.
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