Sometime before I heard in a Tamil news channel that the prices for gold have reached a all time high of rupees ten thousand per sovereign. I wonder how people are getting crazy over buying gold. The spending capacity of people has increased so much because of the investment of multinational companies in the Indian market.

Of late, I hear news about inflation. Be it a very thing like vegetable, the prices of onion is 25 rupees per kilogram. But still people persist to buy. Im sure everything is only due to the impact of the western countries in our land. 

Recession has started in the United States. I heard that getting a house in New York or London has become cheaper than buying a house in Bombay or New Delhi or any other city. Sub prime crisis has attacked the lives of people in the United States and this is the result of the prevailing inflation.

Getting loan from a bank or getting a credit card has become an easy task now. It’s because dozens of financial institutions are ready to invest in various spheres of money lending.

It’s a question of survival of the fittest in such a scenario. “The rich are growing richer and the poor are growing poorer” yes.. its high time our government do something productive tin order for the poor people to survive in this land.