Wednesday, 17 December 2014

CALM BEFORE THE STORM- THE WEST IS FACING ECONOMIC AND POLITICAL STORM


Reports coming from England and the United States, indicate that a crisis is imminent.
Economic advisers of capitalist countries of the West, recommended financial packages to continue production in automobile industries; this was agreed and there was a temporary halt to the downward slide in economy, which gave rise to optimism.
As the money was not sufficient, as more and more countries of Europe, clamoured for more money, it became necessary to cut wages. Then the working class of France and now, students of universities in England, came out into the streets, something unknown in the recent past, to protest against government policies.
American observers have pointed out that more than fifty thousand workers are losing their job every month. Production can somehow be continued, but not indefinitely, without sales. Obama is not having the courage of Roosewelt who created jobs, by developing infrastructure
These are symptoms of the coming days.

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