After 80 years of the great financial sunami in 1929 ,Mumbai, Dubai and Shangai people said bye bye to equity markets. the history repeated with the greed for wealth, man forgot the basic's of accounts i.e assets = liabilities when he thought he will be rich if he got more credit from financial institutes forgetting his assets and ability to pay the liabilities,creating complex derivatives man has dig his own fianancial dig.
Still man is forgetting to give importance to the history, what happened after 1929 - the world war is the immediate historical event which was maily due the exploitation of middle class by the Nagis taking advantage of the 1929 financial crises which created huge gap between the rich and the poor. This is just an example of the magnitude of crises in the past. One can give numerous such historical events, where we are not there but only records of history. But after the dot com buble we have seen the WTC tragedy which all of us had overcame very recently. So History all ways gives ways to us to understand the future. The governments across the globe are addressing the current financial crises but how far they are vigilent about the future consequences, on the socio economic conditions of the suffering of the people due to this financial sunami of 2008 and the people who are going to exploite these people(Bin laden ,x,y,z............) . The people who suffered during the 1929 crises are the industrial labour of the west hence we have seen the second world war. But in the current senario the most affected people are from BFSI and the technology people with high end tools of technology with them. So the next event is very dangerous to the man kind, it may be the financial tragedy or the Inter Net tragedy we should be ready for this kind of consequences.
So the time for next equity investment is after the major historical event in mere future.
Still man is forgetting to give importance to the history, what happened after 1929 - the world war is the immediate historical event which was maily due the exploitation of middle class by the Nagis taking advantage of the 1929 financial crises which created huge gap between the rich and the poor. This is just an example of the magnitude of crises in the past. One can give numerous such historical events, where we are not there but only records of history. But after the dot com buble we have seen the WTC tragedy which all of us had overcame very recently. So History all ways gives ways to us to understand the future. The governments across the globe are addressing the current financial crises but how far they are vigilent about the future consequences, on the socio economic conditions of the suffering of the people due to this financial sunami of 2008 and the people who are going to exploite these people(Bin laden ,x,y,z............) . The people who suffered during the 1929 crises are the industrial labour of the west hence we have seen the second world war. But in the current senario the most affected people are from BFSI and the technology people with high end tools of technology with them. So the next event is very dangerous to the man kind, it may be the financial tragedy or the Inter Net tragedy we should be ready for this kind of consequences.
So the time for next equity investment is after the major historical event in mere future.
