What a year 2008 has been, Never in my life I have seen so much happening all at once around me. So many events which will change the world for ever, the world will never be the same. America elected their first African-American president shattering orthodox believes. India won 20-20 world cup , organized first club level 20-20 cricket in form of IPL league , revolutionizing the way world look at cricket and India for that matters. India joined the small league of countries which succesfully sent a satellite to Moon and that too most economical. Now they are planning to send a manned satelite. China organized olympics for the first time and whole world was mesmerized by the cahrisma China created around for that 1 month. No olympic has ever got such a high viewership for opening ceremony like it got this year, and as they say there never will be atelast for next decade or so. Olympics saw numerous old records getting shattered & new heights reached by participants, like never before. banglagesh got there first medal in olympics. And neumerous other events.
But as much as we like to keep memories in our minds and throw away the sad parts of reality, the worse it gets. So many tragic events occured this year that it really made us think that world will never be the same.
The world is been hit by worst economic crisis since year 1930, thanks to Sub-prime Crisis and Free-market theory, which led to less or no government interventions and Financial firms went off the road assuming there will be a high way on the other side, all they found was marsh land. The more they fought to come out of crisis, desprate they became and deeper they sunk. And now they have caused the world economy a fortune. Every sector & not just financce whether it is health or retail, automobile or IT has been affected badly.
over 140,000 people have lost there jobs and there are more in the queue. USA for the first time has gone the socialist way with government aquiring, 2 banks, 2 mortgage company & many others.CitiBank the ultimate pinnacle of success and role model of Capitalism is moving towards rock bottom.The situation is still getting worse everyday.
And if this was not enough crude oil prices touched all time high with 140dollars per barrel causing inflation to rise above 2 digit figure in India, Petroleum products which are major proportion of imports and there by affects GDP, this made every company to increase the price. And not just crude oil, steel , cement, every thing became costlier over teh alst year, making life tougher every day. People are suffering double trouble as their incomes were slown down by recesssion with many losing there jobs , and inflation disturbing their budgets and taking a toll on their lives.
And if this was not enough, the year 2008 has seen the terrorism causing India dearly more then ever. Terrorist; and this time those who were born , brough up & groomed in India became enemy of the soil and without any demand or cause rocked country with bomb blast in all corners. It started with Jaipur, Guwahati, Surat, New Delhi Banglore, and now MUMBAI.
the events which started 2 days back in mumbai and still going on has created terror in every human's heart.
