Recession - The Reason & The Solution

Hi,

As I decided to write this post, there is hardly anything in mind except wonders after knowing the exact reason of the havoc called Recession.

I'm not an expert @all on this topic, but when I came to know about the root cause I thought I may not be the Best one to write but still I can write in a few lines......

Extravagant life style of the people.

I'm still scratching my head to really understand.... Is this the real reason? The more I'm reading about Recession, more sure I'm becoming on the issue....

This is not the first time I heard about Recession, I guess last time [2001] also I was aware about the term, but probably this time only I am able to understand a bit.

Chalo I wrote so much lines unnecessarily just to quote one life.....

Anyway, now since I wrote The Reason, is it really difficult to find out the solution.... I don't think so.... What you say, am I right?

I would appreciate you all to put your views.

Regards
Navrang

Intel Challenge on Global Issues.... Anyone one buying.....!!!

Hi All,

I always see lots of suggestions floating here & there regarding everything under the umbrella.... Here is one to prove yourself.... Are you ready to buy the challenge????

The Intel's website
http://www.intelchallenge.com/
is asking for solutions on
-Education
-Economic Development
-Healthcare and
-Environment

The last date of submission is extended to February 17th, 2009.

Regards
Navrang