The ongoing happening in the big US of A are also to be viewed in such deliberations:
I quote below a few excerpts from the detailed Wiki:
http://en.wikipedia.org/wiki/United_States_federal_government_shutdown_of_2013
http://en.wikipedia.org/wiki/United_States_federal_government_shutdown_of_2013
"... a one-week shutdown could cost the US economy $10 billion"
"...The U.S. Department of Energy will furlough 9,584 of its 13,814 employees"
"...The Centers for Disease Control and Prevention will not be able to conduct "in-depth investigations to identify and link outbreaks that may be occurring simultaneously in multiple states" or provide flu surveillance due to the furloughing of 68% of its employees"
"... Approximately 45% of the Food and Drug Administration's 14,779 employees will be furloughed"
"... The Treasury Department has furloughed 90% of the staff of the Office of Terrorism and Financial Intelligence and 91% of the Financial Crimes Enforcement Network. These agencies handle reports of suspicious activity from banks and financial institutions and implement sanctions"
"... The Environmental Protection Agency will furlough over 93% of its 16,205 employees."
"... Intelligence agencies will continue to operate but 70% of the civilian workforce will be furloughed. Reuters reported that the Central Intelligence Agency will furlough approximately 12,500 employees"
"... 90% of IRS employees will be furloughed."
"... The Library of Congress has shut down. The National Library Service for the Blind and Physically Handicapped will cease operations and all Library of Congress websites except for two sources of legislative information, THOMAS and congress.gov, will remain inaccessible"
"... NASA will furlough 98% of its staff, leaving fewer than 600 out of more than 18,000 employees on the job"
http://en.wikipedia.org/wiki/United_States_federal_government_shutdown_of_2013
In brief, the situation in USA will soon tend towards ongoings in India - perhaps this was also the reason why Manmohan Singh was in the US to consloe Obama that even if the government is shut down the nation will continue to plough on - as in India!
Interactions and interlinks between nations and people of the world and nations means that no one is any longer immune to such issues, especially if they are intertwinned with such factors, and therefore need to prepare. In India, the ones who have the highest levels of potential immunity are the ones in the villages who are not, as yet, linked into scams and dealings but continue to live off the land.
Some thoughts about all these issues and implications are raised in contributions by minds analysing these are other situations and the consequences.
Below the text of a brief email from a seasoned analyst in the US about "India , Global Economic Pressures, Long term Job Markets and the envisioned "Currency Collapse".
I was offered this link and some thoughts below (in italics) by the contributor of this column (from Los Angeles, USA) - much to connect with to appreciate the global picture!
Long term job market
http://www.energeticforum.com/general-discussion/13014-economic-pressures-9.html#post240563
(there are innumerable links within this article with several thoughts)
India is a special case. Economic activity must grow more-or-less even with population growth. This is done by investing savings into projects that bring increased productivity and price deflation. Since Indians invest in gold (20,000 tons), this store-of-value is not available to the general economy to be invested in beneficial projects. More importantly, to the individual, it is NOT available to the bankers to steal. The Central bank of India has only 645 tons of gold and is looking intently at the temples.
India needs infrastructure projects, especially because the flow of the Ganges and Indus will become much more variable.
Lloyds of London is a pool of "names" who promise to back (insure) a given object. It is possible that Indians could form some sort of pool (crowdfunding) of gold holders to back a given project. This is supposed to be the province of the central GOV but, they are too busy trying to support the traditional banking industry.
India needs to create a monetary plan that can survive the coming currency collapse. NOT the normal socialist plan that always results in huge shortages. Venezuela recently had / has a national emergency because of a shortage of toilet paper. India needs a plan more aligned with the ideas of Von Mises (http://en.wikipedia.org/wiki/Ludwig_von_Mises)
On Wed, Oct 2, 2013 at 5:49 PM, Muralidhar Phadke <muralidhar44@gmail.com> wrote:
Thank you for the mail.Yes indeed things have changed and is still undergoing further changes. We have to learn and manage the environment and various managerial functions. This reaffirms the old saying that Change is the only thing CONSTANT in our lives. At the same time, most of us have adapted several changes reasonably well.regards,Muralidhar--On Tue, Oct 1, 2013 at 9:55 PM, Prabhakar Waghodekar <waghodekar@rediffmail.com> wrote:
Dear All,
The 21st Century is for knowledge society having the following five dimensions:
1. Economic sector: switching from goods producing economy to service
economy.
2. Occupational distribution: emergence of professional and technical class.
3. Axial principle: innovation is knowledge based.
4. Future orientation: the control of technology and technological
assessment.
5. Decision making: creation of a new "intellectual technology", computer
and ITC being its prime tools.
Because of automation, man-less manufacturing, etc., there is downsizing, and the
workforce needs to be knowledge workforce. Just imagine the entire cement plant
or a power house is controlled centrally by a single man. This man needs multi-
skills and knowledgeable in more than one areas.
Regards.
Yours,
_______________________________________________
On Wed, 02 Oct 2013 06:03:32 +0530 wrote
>
Ramesh Vemuganti
Dear Alumni, Associates,
Acquaintances
1/10/13
Understanding the DIKTI Link is pivotal to good performance in every job,
profession or business.
In any enterprise, small , medium or large, an executive, manager, professional
is witnessing a great deal of complexity in the job.
In last 5 yrs, all jobs, professions & businesses have become challenging on
several fronts with rapid changes in systems, processes, methods, tools . All
these are leading to a great deal of of uncertainty!!!
It is across
all sectors - from Agro based to Healthcare to Education to Infra to
Technology.
Reason : Megabytes & Hexabytes of data & information is
coming into the world every day & flowing in & around organizations & economies.
The amt of Data,
Information & Knowledge that came into the world in last 40 years is
millions of times what came 5000 years prior to 1970. So also the mind
boggling Technologies & Innovations. This trend will continue &
has tumbled workplaces, organization structures, systems, markets,
technologies, people"s mindsets & has gone beyond the tools &
methods which are familiar to Professionals, GLOBALLY.
We need new approaches, tools, solutions & techniques, not just technologies.
Queries are welcome.
regards
Ramesh Vemuganti
CEO, Chanakya Consulting
ex President, HMA
President, OU MBA Alumni Association
Hyderabad
M - 9849590511
--
>
MTC GLOBAL- Educate, Empower, Elevate
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Regards,
Dr P H Waghodekar
Advisor (HR), IBS & PME (PG)
Marathwada Institute of Technology,
Aurangabad: 431028 (Maharashtra) INDIA.
(O) 02402375113 (M) 7276661925
E-Mail: waghodekar@rediffmail.com
Website: www.mit.asia
Engineering & Management Education: An Engine of Prosperity.
Classroom teaching must match with Boardroom needs!--
MTC GLOBAL- Educate, Empower, Elevate
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