Showing posts with label global meltdown. Show all posts
Showing posts with label global meltdown. Show all posts

Thursday, 2 February 2012

Passion runs wild

Breaking news from Egypt has been a growingly mundane affair since people took to the streets en-mass last year and ousted their long standing dictator from power. Almost in celebration of that decisive day they are back on the streets again on the eve of its anniversary to push the military stalwarts from hanging on as well.

To me it seems that sustained belligerency towards authority and/or institutions that are popularly deemed precursors to dominance has resulted in an environment on the edge.

It would appears that time is up any institution that has dominated the Egyptian psyche for a long time; even when that dominance has been merit based.

Tuesday, 25 October 2011

Global crisis alphabet starts with a 'Dubya'

The world seems to be in perpetual chaos. If it isn't a natural disaster, it's a war; if it isn't a war, it's civil unrest; if it isn't civil unrest, it's a prolonged recession; if it's isn't a prolonged recession, it's partisan turmoil; if it isn't partisan turmoil, it's a natural disaster...

And so it continues.

Tuesday, 4 October 2011

Morals have lowest melt threshold during global meltdowns

The global economy begins to look bleaker with each passing day on growing doubts over Greece's ability to avoid default, which in turn are fuelling fears of global financial turmoil and recession.

Moreover in the backdrop of a declining US economy, a possibility of a prolonged recession, and growing fears over the banking sector's exposure to euro zone sovereign debt (made worse with Germany and France's so far failing attempts to rein in the Euro instability and Italy's shaky financial footing) there seems little to smile about, or, let alone, make light off.

But it seems this is not for the lack of trying.