Blame and credit Vs Accurate and inaccurate (IM 698)

Most of us still blame and complain about the situation and we are still entitled for credit. Blaming and expecting a credit is a bad way to living. It’s the lack of responsibility. Get over “blame” and “credit”, instead get on with “accurate” and “inaccurate”. This makes a lot of sense and make our life…

The driving force of economy (IM 591)

The trust in the future is what enables bank and the entire economy to flourish. Before 18th century, credit system didn’t exist and hence, they economy was undervalued. They people back then didn’t have the trust in the future. They thought that the future can’t be better than the present. But as the scientific and…

An economic suicide (IM 548)

America, the powerhouse of economy is committing suicide as we are witnessing the largest economic shock in the history of human kind. It’s faster, bigger and more devastating than any world wars. Last week the unemployment skyrocketed to about 7 million which is a record high. Though the stimulus bill was passed by the Congress,…