SOS: Do something about GDP, recession...
SOS: Do something about GDP and Recession
I was observing my friend YM even when Sudha and I were crossing him in the parking area during morning walk (5 35 to 6 00 a m) today. Though he responded to our "Good Morning" by the usual raising of both his hands, we could feel something was worrying him, all through. We don't probe, everyone has his/her own problems.
6 30 a m when I was reaching our gate on my way to collect milk, newspaper etc YM stopped me:
"Mr Warrier, Maruti is in trouble. They had to suspend production (I didn't tell him, I was not aware). Entire auto sector is facing problems...Why? You know... Industrial production has got affected...This GDP...It seems it's a global issue... Recession may come any time... Deauisch Bank...You know one of the biggest banks in the world... too has problems..."
15 minutes, YM has been talking to me, non-stop! Suddenly I interrupted to say, "I'll pick up some milk packets and come... We'll continue the discussion..."
Before I meet YM again, someone should find some solutions to all these GDP and recession issues.
Or, is it only the downtrend of Sensex that's worrying YM?
M G Warrier