From:
kutchsciencefoundation@...
Dear friends of economics and statistical science,World economy is going to
wards the recession. But is it true for all countries? May not be as industrial
and technology is in recession we can not say that farming and dairy industry is
in recession. and if you have a land , water and natural resources for farming
and dairy. business is ever green as it was.
That’s the best side of nature, agriculture independence from all. present
Business and financial turmoil is spiralling all over the world. and this
'MANDI' is damaging all over but the soul ('TOTA'- Parrot of this 'MANDASUR' -
financial crisis is not here) is located in western world. eg USA and Europe.To
control this crisis NEED TO kill this parrot of 'MANDASUR' but we can not do
that there IMF, G7 and all those government are acting for it. But by that time
that will make all damages all over the world including all of us. Our
government is now realised the fact and cut CRR interest rate first by 1/2 % and
then by another 1%. But that was the 'SHEKH CHALLI's' example of DELHI to
DOLTABAD and again DOLATABADto back to DELHI.during time of increase of the
Inflation to control the INFLATION they increased 1/2 % interest rate in CRR.
That was the wrong step as that gave boost to INFLATION to Highest point at that
time. and now 1/1 and 1 % reduction of CRR may not give that desired effect as
still inflation is BITING us. Richer countries of Europe and USA have their
Outsourcing centres and employment in our economically developing countries. But
as those government and companies are going to be in recession that may affect
us as well. As those businesses are dependent and non productive, These Economic
crisis may bite those companies may switch off these employment and there will
not be use of those developments. instead if it was a productive business lime
manufacturing industry ot agriculture we may carry on with this production. But
any how now DIWALI festival is approaching soon and we wish every one a 'VERY
HAPPY DIWALI and a VERY PROSPAROUS NEW YEAR' but how good? god wishes. We will
spend plenty for our DIWLI festival and see what happens after that to this
financial crisis.As these crises are not going away in a short time. though it
may diminish for some time but we need longer period to recover. say at least
couple of years or even longer than that to rebuild the correct economy.Crisis
of Banking, HOUSING and insurance will last Longer and as it will be spiralling
each other as well as many others. and engulfing many of them. and that also
reach far beyond and all over the world. and that will last longer than
expected. as employments and personal finances will be affected. Over and above
that SOON the Christmas and new year of 2009 is coming for further expense for
them. Plastic money borrowing will Damage further to nail this coffin. So that
will last till rest of the next year. Housing negative equity will crease people
and loosing of homes , business and personal life will also increase crime
rate, like fraud, theft, criminal damages, robbery, etc. so keep fingers crossed
next few years looks grim but we need to keep an eye to the developments and
recovery of this situation. damage is done quick but rebuilding will take years
so coming back to Normal as we were in 2007 will take decade to reach there. and
recovery by any means of artificial inflation will be as bad as today’s damage.
UPDATEs in ECONOMIC ANALYSIS:- If previous Analysis has been Ignored please do
not Ignore again the second analysis. FM took action but the market still goes
below this level. AND further action will be needed.
Subject: Market Analysis By our ECONOMIST with Candlestick ANALYSIS.Previous
report Date: Wed, 8 Oct 2008 09:26:03 +0000
Market Analysis with Candlestick ANALYSIS By our Economists. (NEW CHARTS will
be ready soon after next close DATA of the markets
We have advised most of economists and economic times about prospects of the
markets in recent market turbulence and economic crisis. We also wrote them
regularly and LAST WEEK as well, with yesterdays reminder saying that market is
well beyond expectations.
Previous report :- SENSEX will not only drop below 11 thousands BUT expects to
go below 10000 again. And if steps not taken to prevent the uncertainty may
collapse to unexpected level below the margin of beginning of the 21century.
Update in ECONOMIC ANALYSIS:- If further preventive action not taken by FM to
support by any bailout action or cutting interest rate, before any further crash
to its critical point level. Sensx may drop below 9000.
many BANKs are in line to go BANKRUPT. Even world famous BANK of BARCLAYS has
dropped near £2.07 and likely to slip below £2 near to 1.27. so what we expect
from othere banks like ICICI and others.
Previous report :- Similarly DOW JONES will drive whole world economy to the
recession. Even Great Briton is in Official recession. If Dow Jones will slip
beyond the 8000 mark again, and necessary steps are not taken to support it,
That may drive below 7000 mark
Update in ECONOMIC ANALYSIS:- Media is exposing the market to increase the
volatility of selling the market stocks. media should support not to panic or
advise to stop selling . if panic of selling goes on the USA Dow Jones next may
drop to 7000.
All analytic graphical histograms are attached within files and with emails.
World FAMOUS BARCLAYS is facing crises and will drop below £2 and what ever the
ICICI says but expectation is unexpected.
By Dr.BHUDIA-Science Group Of
INDIA.http://uk.groups.yahoo.com/group/venustransit_2004/President:'Kutch
Science Foundation'.Founder :'Kutch Amateurs Astronomers Club - Bhuj -
Kutch'.Life Member:'kutch Itihaas
Parishad'.kutchscience@...,
kutchscience@...,
http://uk.geocities.com/wildlifeofkutch/
http://www.geocities.com/kutchsciencehttp://profiles.yahoo.com/kutchscience2000h\
ttp://in.groups.yahoo.com/group/scienceclubofindiahttp://in.groups.yahoo.com/gro\
up/kutchsciencehttp://in.groups.yahoo.com/group/kachchhhttp://in.groups.yahoo.co\
m/group/bhuj Do visit our ABOVE Clubs/Groups of Science club of India, Science
Group of India.
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