Subprime to Credit Crunch to Recession

No I am not starting a boring anecdote of the topics that have made a large number of final year students like me insomniac. Lots of dissection has already been done on them: their causes,etc. Some over enthusiast like me can go through the blogs of Paul Kruggman and Gregory Mankiw in order to find out more. However today something came in my mind: A different reason for the cause of all the doldrums in the economies. It occurred while I was having lunch and this stupid show was running on the TV. "MTV Roadies" - I know some of you out there would be swearing to kill me. Human being aspires money, glamor, power. Perhaps the glamor aspect of these shows is what keeps them running.
Q: So what has got to do with economic recession ??
A: Think a little differently. Look at the people out there who has got all those three above mentioned booty. They are the movie stars, certain other people from the glam world, ministers and sportsmen (for India only the cricketers). Now when an academician finds that a certain guy who has not got even one-tenth of the grey matter that he possesses makes some 50 to 100 times more money than him it would require a lot of altruism on his/her part not to feel jealous and frustrated. The result is you would find Phd-s in physics from top US universities moving to GoldmanSachs as investment banker. Read the book "My life as a Quant". Certainly the last resort of the desired three and plenty of them. The desire increases, the desire for more and quick. The story after this, can be related to the subprime story and the consequent problems the world is facing today. Was everything too far fetched?? Well may be.
~ Perhaps the greed factors are omnipresent in the human beings.
~ Perhaps I was trying to connect everything to something else: What can make people aspire something more constructive
~ Perhaps the media can help by glamorizing something else. And not how to be "cool" and/or "hot".
~ Hypothesis: MTV Roadies (I am using it as a representative) the real reason for everything.... Did I strike?

When life doubles up

This blog is dedicated to one of my dear friends who tied the nuptial thread last weekend, and I was there to witness their relationship culminate in the ultimate bonding. This bonding between the two has got some special meaning to me. Their pre-marriage relationship has been a long one. It started in class eight - Yeah!! you heard it right - and has just taken off :). It is sweet to say the least. As another friend puts it: " Nowadays when people fail to stick to a marriage for twelve years....These two have been in love with each other for that long a time ". I certainly don't know about the little 'sparks' that keep their relationship intact but I have my own views on it.
I treat childhood love special. When two kids fall in love with each other they are not aware of the myriads of other things that accompany the package called love. Infatuation you call it right. Well how many of us do carry those little doses of infatuation and store them in some special corners. And those who can preserve them for such a long time are certainly the lucky ones. And my friend is lucky to do so from a stage when it would have been hard to spell the word commitment. A stage when their love did not come in package. "Wish you two a great life ahead".

Note: All views are personal.