Showing posts with label illusion. Show all posts
Showing posts with label illusion. Show all posts

Tuesday, August 11, 2009

A thought for shy people

I took the long road to work this morning. As I walked down the street with the sun warming my back and stretching that long shadow of mine ahead I caught myself churning thoughts for the people who never talk to each other for lack of confidence in their words. Strangers would pass by and as our shadows overlapped I was given the joy to observe their silent play. I began to imagine about a new world where shadows had a life of their own. How they would start talking to each other as I and the two very shy strangers next to me were now all walking side by side down the street. There was a lovely December chill in the morning air. Call me the incurably romantic on it but if it wasn't for their shadows 'kissing' into each other these total strangers would never have met. They would never exchange a word not even an innocent smile of introduction!

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Monday, July 27, 2009

Crisis? What crisis?

Of course we have a crisis, people lose jobs, companies go bankrupt and all explained on the basis of greed, lack of regulation and wall street walking on clouds. Some people argue that the good times was just an illusion. Well, if the economic growth, wealth creation and the excess profits of the last few years were an illusion, shouldn't then an illusion's fall and demise also be an illusion? That's the only logical conclusion you can make if you accept the premise of the illusion.

So it wasn't an illusion and we have a real crisis which means we did have real growth and wealth creation. Is it simply changing hands now in which case the crisis is a process of wealth reallocation and ensuing disruption? Or is wealth actually destroyed at a level below the one that existed before excess growth building began?

Physical wealth in the US, Europe and Asia is not being destroyed. We are not experiencing a World War. With the exception of oil depleting and a climate changing, bridges, roads and buildings are still in place. So the major destruction is mainly happening to the intangibles. That's why prices fluctuate like crazy.

Isn't the creation of intangibles, however, infinite? If you look at history and also believe in human nature then you must accept its ability to create new intellectual words out of old ones.

I am optimistic. To those who argue previous wealth creation and economic growth was just borrowed time and an illusion, I rest my case.

Crisis? What crisis? It's just an illusion!

http://www.thinkaloo.com