Stocks have been soaring up & down as they please leaving all of us in turmoil. Hey, I am no Economist, but where is the world economy heading? Automotive manufacturing is going through the toughest times ever. Once it was a pride & joy to work, drive & live the Ford way. Today, Ford stock got listed as low as $6! This is grave, also an insult to one of the biggest manufacturer of the world. May be all this has a deeper meaning & things will get better. After all, it’s not always as bad as I think it is. Norms have changed socially & politically across the world & generations have got smaller. May be our generation has witnessed one of the most important transitions of the world in terms of globalization & industrialization.
Lee Iacoca published his new book, “ Where have the good leaders gone?” or something on similar lines. It is so true for the political scenario across the world right now. Americans are still not in a mental state to accept Hillary (female candidate) or Obama (Colored candidate) as their leader. Of course there is this vacuum where there is no hope to have another Gandhiji or Martin Luther King or Nelson Mandela. I think on so many fronts; Indian politics may be corrupt, unstable, primitive but is lot ahead socially than American system. Even us Indians think far progressively than my American colleagues who could not digest the fact that I kept my maiden name after I got married. We accepted our leader in Indira Gandhi in 1960s & yes they have not had a Jhansi ki Rani yet for the record!
Lee Iacoca published his new book, “ Where have the good leaders gone?” or something on similar lines. It is so true for the political scenario across the world right now. Americans are still not in a mental state to accept Hillary (female candidate) or Obama (Colored candidate) as their leader. Of course there is this vacuum where there is no hope to have another Gandhiji or Martin Luther King or Nelson Mandela. I think on so many fronts; Indian politics may be corrupt, unstable, primitive but is lot ahead socially than American system. Even us Indians think far progressively than my American colleagues who could not digest the fact that I kept my maiden name after I got married. We accepted our leader in Indira Gandhi in 1960s & yes they have not had a Jhansi ki Rani yet for the record!
3 comments:
Very True !!
I agree with this, overall.. I mean, you can see that the oppositions stress Barrack Obama's middle name so much! Not without reason...
At the same time, I think Ford's stock value at $6 is not an indicator about the state of Ford. I am sure that it has split multiple times, and with each split the value of an individual stock falls. So, saying that Ford's stock at $6 is a grave situation is not very accurate. But, in general, the idea is correct - probably, one would expect that the stock should have been close to $20 if the company was doing ok.
Just checked... F stock is now at 8.33 ;)
Post a Comment