Saturday, August 13, 2011

Doomsday coming ...


Will we prove him right?

The credit rating of United States has downgraded from ‘AAA’ to ‘AA+’. Standard & Poor’s vital ratings are out for the economists to see and the bourgeois to feel. Uncle Sam, once seen as an impervious economy has been plagued by its government’s poor political and economical policies. United States of America, traditionally a safe investment destination is now in a financial bedlam. Similar economical upsets are spread across the euro zone. The last minute bail out of Greece is a prime example. In the immediate future, unless European Union drastically changes its policy, the other member European nations may also suffer the same fate as Greece.  Although, U.K. seems relatively immune from economic fallout yet the nation faces a rioting spree like never before. The houses are being burned, shops are being looted and the big shocker is that teenagers are an active part of this mob. The British government is unable to stop this menace because the police are inefficient. Arabian nations are breaking the shackles of dictatorship and the armed rebellions around the African continent are on show. NATO powered armed rebellion in Syria is playing its own part in the wasting important resources. Coming to the Indian sub-continent, terrorism and corrupt bureaucracy have become an integral part of incredible (pun-intended) India. The inability to handle these twin problems render the Indian government paralyzed.
In the United States, the Democrats never created an issue of raising the debt ceiling before. Congress has raised the debt ceiling several times in the past yet this time around they insisted on dealing with folded hands with the Republicans. The opposition is taking advantage of the situation and making a political agenda of an economic fallacy. They will follow this same policy until the next elections scheduled in November 2012. If this skanky politics is indeed prolonged for such a period, major domestic and industrial problems will surmount and the States may lose all its sheen. In essence, every predicament that affects United States is inevitably felt by the world. Seeing the superpower in a state of doldrums, anti-humane elements around the globe might seal the fate of governments. Anticipating growing fermentation owing to the present quandary, December 2012 might spell the end of the world order. Michel de Nostradame predicted this as early as the sixteenth century and Mayans ended their calendar on December 21, 2012. Bible calls it the judgement day.  Now, its upon us to aver this dreaded date. Unless foremost issues are handled pro-actively, doomsday will be waiting for us.

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