Sunday, January 25, 2009

Bull Year?!

I am sure nobody would argue with me if I said 2008 was the most eventful year in our lives! It was a year that witnessed its first ever African-American taking the highest office in the United States of America; it was a year where India, a non NPT member, signed its nuclear energy deal; it was a year where China showcased itself to the world by hosting the Olympics; it was a year where some of the biggest banks went bust or were atleast taken over and nationalized; it was a year where Stagflation became a common vocabulary; it was a year where Madoff became infamous; and mostly it was a year we questioned Capitalism, loathed Globalization, and revisted the Depression Era of the late 1920s for any answers we could find from History, existing in books and not in memory.

Today, it feels like we will never ever get out of this mess. It feels like the world has changed so much in a year, and the only way forward is Down. Sigh, we're scared of the upcoming spending spree on Capitol Hill, we are afraid of the riots that might break out in China because millions are being laid off, we are anxious about the elections in India as reforms might be further stalled, we fear more protectionism from governments going forward, and personally we are facing our worst nightmares in the form of unemployment, negative equity, depleting funds, and a sense of insecurity over our once "rich" lives.

Not that all this is not real, but we humans forget that our memory span is short - just as we've forgotten the boom years, we will forget these depressing times. Maybe 2009 will be a rather difficult year for most, but remember what goes down must go up - as the saying goes :) whatever! Perhaps, it's a good time to sit down and think what exactly will go back up.

Let's get the year MOOving... we can moan till the cows come home... but I'd much rather search for bulls... bring on the year of the OX!!!