World Economy & Slow down, in simple language

An Old story of ‘The Goose that Laid the Golden Eggs’. It was giving one egg daily. Just see its modified version as per 2008 world scenario.

 

Goose was giving 1 olden egg daily. With injections and pills people started taking 2 eggs daily but then, they wanted to 10 eggs daily (Greed), so they given more injections and Goose falls ill. No eggs till the time Goose recovers

 

Same with world economy. Slow down is a phase in world economy. It’s not in terms of years but it’s in terms of % of growth. Means after certain growth, world always goes to slowdown, Earlier world grown X % in 20 years so we saw slowdown after 20 years. This time world saw the same growth in 7 years so we have slow down after 7 years and last nail on coffin was commodity prices. Few buggers have increased the prices of all commodities for their benefits e.g. crude and food items and world economy was not strong enough to tolerate that inflation. All things broke down. Many banks lost their money in the speculations business. None will confess that but the truth will remain truth

 

I think that is what exactly happened. Things are never complicated, things are often simple but experts made that look complicated to show their wisdom.