Economic Crisis in USA and the possible Solution

[Guest guest]

My dear friends and like minded persons

 

Regarding: Economic Crisis

 

I have been reading news about the collapse of markets, age old

establishments/business houses due to serious economic crisis particularly in

USA and elsewhere too. 

 

I am also seeing various channels conducting different Forums inviting various

eminent scholars to discuss on this serious issue.  Interestingly most of them,

may be I am wrong, discuss various maters which have lead to the present

economic crisis.  But what exactly needed now is a remedial measure to overcome

the crisis.  If political parties at various levels are not interested to find

out a possible solution, the matter is different, but surely something really

can be done to restore normalcy.  If we leave the matters to its course, this

may result into unemployment; failure of different financial institutions; loss

of money of the innocent depositors; loss of confidence in the administrative

procedures; the unemployment crisis leading to struggle for existence; fight for

common need resulting into a socio-economic revolution and many such beyond

description on this small paper. 

 

What is to be done right now is to stop jobless to grow.  Will it be possible

for the organizations to overload themselves and carry the losses beyond their

capacities on account of the establishment costs? Surely it is possible provided

we look at the problem from a different angle.  What is not possible for a human

being to achieve?

 

We can help USA to reconstruct their economic structure so that a possible

solution is found to the present crisis.  One among the remedial measures is

spread of the load.  At least a dozen serious steps can help the USA to turn

back to its previous stand.  It is surely difficult to write down all such

steps due to several hesitations for keeping the matters open to the public. 

The eminent economists might have already paid attention to this, but then small

people like me can also supplement our thoughts in the interest of USA and in

the interest of all other countries too.

 

If USA can not solve this at its level with less than one third of the

population as that of India, what can Indian Government do?.  When I can and I

am capable of suggesting remedial measures to India with a greater population

strength and multi faceted problems, it will never be a great event to bring USA

economy to normalcy.  That is the confidence of small people like me and for

me, I can surely help suggesting USA in a most palatable manner.  Only thing is

that USA should welcome it and accept it for a detailed discussion. It is a

challenging task and I look forward for taking up such challenges. I look for

world peace and prosperity. 

 

Yours truly, DR P V SESHA SAI 

 

Dr P V Sesha Sai

# 303, Vijetha Sanjeevani Apartments, 6-4-8, Opposite Gandhi Hospital,

Musheerabad Main Road,

SECUNDERABAD 500380, Tele fax 040 27541613, Landline 65581368, Cells 9440422613,

Websites: www.ashwamedhayaagam.org, http://aswamedhayaaji.com, E mails:

shodasisai,

23rd November 2008