Showing posts with label financial crisis. Show all posts
Showing posts with label financial crisis. Show all posts

Saturday, December 30, 2023

The west, conflicts in the east, before rest is lost..

Be vocal to stop wars, let us come out of our hypocrisy!

Below is a wonderful talk by Dr. Roy Casagranda. Watch it fully, it's worth it (do not get prejudiced by its title, How Islam Saved Western Civilization)


This video helped me to relate, to why the West does not care about ending conflicts in the East. Be it Gaza, Palestine, Sudan, Syria, Ukraine, or name any... The West seems to be afraid of the rest of the world, named after the East. Some Jewish, Islamic, and Christian groups are trapped in dilemma and act as tools of the insecure West. They really do not know why they are in conflict. 

In fact, most of the sectarian and fundamental groupings have many things in common, they are born out of insecure feelings and mistrust. While they fight each other, they also protect each other. 

Are we just? 

Let us raise our voices to end the conflicts in the "middle east" and "east",  by saying aloud that they are meaningless and directionless, at least as a token of gratitude towards the knowledge we dwell on now. Let us keep the awareness spread, at least that we can do for us.

Beware, when we align to identities - by attire, thoughts, deeds, or words - we are getting trapped. Take a resolve to keep away, and help all around us to keep away from it. Let us not repeat the wrongs of the West in general, the activities of restrictive medieval Europe in particular.


Note: The West is not only Europe, it also includes its heirs like the United States!

Probably, the credibility crisis and related financial slowdown may be prompting the finance capital owned by the "West" to restructure the ground to re-animate the capital flow, via active conflicts and distructions. Like in medieval Europe, the colors of various identities, including that of religions are cleverly deployed on the task.

Mistakes might have happened, and some dirty tricks might have worked; correcting mistakes and stopping tricks makes one great. It's true for the "West" as well. West should stop dividing human beings into identities, making them fight each other, and most importantly manipulating wisdom and knowledge to support these ill designs. These have harmed humanity a lot, we need to be wise and stop it somewhere. Population decline is staring at us, as more and more feel reluctant to meaningless struggles for vested interests.

It is, again, the duty of the "East" to save the "West", to rise to the situation to contain the conflicts so that civilizations (including the European ones) are not destroyed.

Watch it!

Here are some of my takeaways from the video, there are many more for sure... watch it!
  • The "East" was a word to demonize the rest of the world, by the West.
  • It throws light into the dark age, which is seldom discussed, and it  is not as dark as we are taught 
  • Establishment of identities, be it national, religious, linguistic, ethnic, or of any creed, always works against humanity, in general
  • The Hebru was restored using Arabic, once the Hebru was almost lost.
  • Socrates was a disciple of a lady, which shows the degree of women's empowerment once Europe had
  • The civilizations were mostly created by governments. The civilization of the West was mostly built on its Pagan roots
  • There was an ancient Great Library run by a lady named Hypatia, in the Greeze
  • Destroying books was done multiple times by the European empires of the West, to hide their failures in governance, by using closed religious schools as tools.
  • While empires tried to destroy books, a small group started Greek Academia to protect some
  • Later the emperor Justinian banned academia as well. But some took asylum in Persia with a portion of books
  • The Persian king Shahpur was jealous of the great library and was trying to build one. The books from academia were accepted with grace.
  • He also collected books from different parts of the world - from India, China, etc
  • Persians thus prevented complete loss of knowledge. They have not only collected knowledge but also enriched and built building blocks of modern inventions.
  • Later the Arabs captured Persia, and they also participated in building knowledge.
  • Persians and Arabs advocated religious freedom. Unlike what we were preached there were no forced conversions and Jews, Christians, Hindus, Buddhists, etc used to follow their thoughts in the medieval period.
  • While Abu Backer took control from Persia, from Pakistan to Spain, there were only 2% Muslims, and 60% of the world's Christians were under his control, and it contained Hindus, Buddhists, etc.
  • Later Europeans captured the empire and again they started using religion as a tool to conquer and to avoid consolidation of rebellions. Again freedom was at stake, women were marginalized, and so on (the artifacts of medieval European cultural decline)
  • The collected and enriched knowledge then resurfaced as European wisdom, as we enjoy them with enhancements from modern-era Europeans and others.
  • ...

Thanks, Dr. Roy for the insights.

Disclaimer: I was born in India, which is one of the vibrant plural nations. I am aware of the wisdom of India and, to some extent that of Asia (China, Arabia, British, maybe). My "hypocrisy" is built around the exposure to bits and pieces of above. There may be great wisdom which is not known to me. If there are any factual errors in my consolidation, please guide me. My main intention is to raise public opinion against bloody conflicts and to encourage us to discard our dogma and prejudice based on baseless greatness. Sometimes, what we think of as dark, maybe the shining pearl... like the pure carbon of the jewels. May god (or whatever is the cause of us) guide humanity to better heights so that we can love to allow more dialects.

Saturday, November 22, 2008

Recession: Prevention and Way Out

I am not a financial expert, but used to view the world with my limited knowledge and unlimited passion. I believe, it is high time for us to think about some preventive measures to avoid frequent financial meltdowns, or we need to develop some mechanisms to automatic restructuring of markets (without war/armed conflicts) to avoid job cuts and related miseries. It may be a natural end of a capital based system, but it will be good, if we can do some thing to reduce its impact on us(whole world). I feel it is worth sharing my thoughts regarding prevention of recession in future as well as on a way out from 2008 recession, which is gripping the world at the time of writing this.
Basically, if we see the bottom line, avoiding all the financial terms, recession is the result of financial credibility loss. The financial world is driven by the fight for the survival and the fittest emerges as winners. As a result of this the wealth gets accumulated in limited points, even though regulatory authorities and taxation are in place. When the economy take measures like job cuts to save individual players or units to survive, it indirectly pumps more distrust and reduces the purchasing power of more people; in-turn adding more to the credibility loss.
It seems once the economy is recovered we can be more preventive. Governing bodies and/or regulators should be more vigil on the purchase power of common public. They should be more supportive, both for helping more people to attain purchasing power and for retaining the purchasing power once it is reached. This can be either by social security measures, or by automatic acquisition of a fixed percentage of shares of profit making institutions, if it controls a considerable meaningful amount of assets to the financial system, specifically for generating more jobs and supporting individuals with income below some bench marks.
It will be better to have little slowdown in profit making at good times to create a society with more purchasing power around than getting in to trouble in cycles (naming it as a cyclic unavoidable phenomenon to escape from the responsibility of tackling it!). Rather than terming such initiatives as protectionist/socialist and discarding such options, such inclusiveness will bring more continuality to the system.
Prevention is better than cure. A stitch in time saves nine. Planting a tree at good times will return its fruits at bad times (a Malayalam proverb; sampathu kalathu ka pathu nattal, aapathu kalathu ka pathu thinnam, means, If in good times 10 seeds are planted , at bad times 10 fruits can be eaten). Our world have a lot of proverbs/lessons to guide us, let us be optimistic.
While the world is going through an economic slowdown, the governing bodies should invest in the customers than investing in the producers/suppliers. It is being understood that suppliers are not able to create their respective customers, or failed to create a purchasing community for their products/services. So the immediate action of the states/authorities is to enable more people with financial security and thus providing them a mind set to involve in more purchases than financially aiding big corporate houses, which have accepted their failure in anticipating and/or preventing a meltdown. Right action can give right signals, right signals can bring joyful results.