“The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy.”
Milton Friedman quotes (American Economist, b.1912)
History has a funny way of repeating itself. And the manner in which it repeats may not be really funny at all. Well, probably not to those who are experiencing it. And as a matter of fact, when you look back at this in a few years time, it may not even be remotely funny in the least. Forgive my mannerism. I cease to find humour in the subject in which I wish to quote.
It was during the period when Carl Denham set sail to Skull Island with a beautiful yet desperate would-be actress, a reluctant scriptwriter and film crew in tow. It was the period during which thousands of New Yorkers found themselves on the streets, jobless, penniless and hopeless. It was during this period that the financial world found itself in severe jeopardy and no way to escape the crisis in which it blindly led itself into ... a black hole.
It is now the new millennium. A new era of revolution. And yet, it does not seem to differ from some 80 or so years ago, as the financial giants have now yet again blindly led themselves sinking into a giant quicksand of financial ruin. And us little people have to face the consequences of the mismanagement and greed that has been so in sync with the CEOs and heads of financial institutions all over the world.
I may be the last person to actually come up with this issue, but I actually am not about to be talking about financial crisis, credit crunch and to reminisce about The Great Depression.
Let me give a scenario in which I am directly and indirectly linked to this crisis and I have come to loathe ... loathe does not quite describe this specific emotion that I am feeling. I suppose abhor could be more accurate. I have not found myself on the streets begging for mercy. I do not find myself perpetually facing threats of retrenchment as in the face of adversity, the company in which I am employed in, has prevailed and has outshone and outgrew rival companies and even able to maintain its profitability. And yet, I am not in the least content.
No, I am not a KGB-ish spy or a member of an underground organisation that is adamant in bringing down and destroying rich organisations. I am only a humble employee that has only career development as her goals.
Struggling to maintain my integrity, my dignity albeit the situation in which I am forced upon is a task I have to endure given the circumstances which has enveloped and entwined its long, curly and nasty fingers around the slip of paper in which I long for and wait for every single month. As of recent events, I am no longer expectant of these monthly slips of paper. I now wish I never have to see these papers as I seethe in anger and frustration at every inching moment. I have been robbed of what I deserve. I no longer have the aspirations I so naively had. I no longer have the motivation of which I strongly struggle for in every waking moment. I am as of now, a walking robot. A puppet that has no will of her own, but to struggle everyday to satisfy power hungry and money hungry monsters.
The new Millennium has a new Depression, and this new era of Depression has caused a profound Impression on those who has the same thoughts, the same sentiments as myself.
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