by plainspeak

It has been a long time since I blogged. Not that anyone is missing it.

Everyday, I hear this crazy recession fears. But I don’t understand one thing. How can the world go into recession suddenly?. If one thinks the world as a closed system. Let’s say I am standing on Mars, and looking towards Earth. Nothing goes in and nothing comes out of Earth. Only if there is some destruction of any sort say like a natural calamity or something like that can the net worth of Earth be reduced. Only then will the world go into a recession. Rest of the recessions are man made.

Bulla economics I know, but I am not convinced otherwise.