Haven't blogged in a while

Haven't blogged in a long time. The time has indeed been long, at the time of previous blog the world we live in still seemed normal, banks had money to lend, jobs were there to be found and but for the few wise ones with strands of gene from Nostradamus, no one thought it was the beginning of the end of good times. Now we are there! We hear that the economy is on life support and come across terms like "commercial paper", "Libor- ?" on daily basis on CNBC /CNN - never knew these strange things were so critical to the economy. Now I look back, wishing that I had a good economics teacher in high school, I would have understood all these things, instead of learning about the charge of electron or mass of proton or Schrodinger's equations - it is some truth that will not set free our economy or the world's credit crisis- hmmm.

Mr. Buffet has injected some confidence into the markets in his article on NY times . But even the richest man on the planet does not have enough money to solve the crisis. So the all mighty US govt. has (or is planning to) inject the much needed cash into the economy. Sounds almost like blood transfusion to some one involved in a bad accident. Hopefully this crash will not be fatal and economy will get out of the ICU soon and be healthy enough to start running around again. In the meantime, other than waiting for things to turn around, the only other thing I can do is dutifully pay my taxes and give the govt. the money save our economy.