Saturday, May 12, 2012

SABUWAL’S VIEW
MR. FAKHRI H SABUWALA
Markets are going through a rough patch and we have no one but ourselves to blame. "We get what we choose" goes the age old saying and the bunch of scamsters who rule us are our own doing. 
When Anna calls them with right adjectives, the bitter truth stings them and they make a big hue and cry. The verdict of 2009 in favor of Congress raised hopes and rightfully so, but who knew the governance will go out of bounds and we shall lose the count of thousands of crores going to the scamsters pockets. All the advantage of a clear verdict was nullified.
The great resilience of our economy displayed in the trying times of global crisis is also disabled. No wonder the Sensex and Nifty are sulking and witnessing not only great erosion in values but also the flight of capital and depreciation of Rupee. 
Needless to talk of the trade deficit, fiscal deficit and acute inflation which are yet to take their final toll on the "aam aadmi". Aamir Khan needs to dedicate one or more episode of "satyameva jayate” to highlight the economic ills and create awareness about the economic realities.
The space here in an investment journal is not only for a political essay but also to provide a healing touch to its readers who are investing their hard earned savings and watching it erode for no fault of theirs.

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