Tuesday, November 25, 2008

Economy and People

The widely held view is that consumerism helps in downturns. But IMHO, this is a short-term solution. I think it is production which helps in downturns and always. There is a huge community of under-served people in the world. As we make attempts to
bring them into mainstream and make them part of the economy, the economy corrects itself. What the economy needs are those big things that can be of service to the under-served.
Anyway, deals are always welcome and Black Friday is of course the brightest Friday for your shopping pleasures. Happy Thanks Giving and Happiness always!

"Economy grows as more and more people join its core echelons.
People are the most important economic resources at all times." - Vishnu Pendyala

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