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Partially because of the rapid growth in telecommunications and Information Technology we have seen growth parameters including the GDP rising continuously during the 1990’s any beyond. While economic indicators are naturally cyclical, the recent sharp declines on the global scale have far exceeded the expectations of economic experts analysts. In Asia as well as Europe and the USA these declines have been the steepest since 1929.

This unfortunate and however remarkable incident has proved the need of redefining and re-strengthening the current financial chemistry. For instance the biggest bail out package, cuts in CRR up to 150 bps have proved itself insufficient to prevent the steep fall in stock indexes across different global exchanges.

For instance the experts comments over the fall of one of the largest banks in US the Lehman Brothers is said to be a calculated and well predicted with time. The policies, strategy, pay role to the employees, exposure to in-calculated field, mortgages over last decade clearly indicates a poor management and policies adopted by the company. If these were so much visible to the experts then why action were not take with time? similar kind of stories lies beneath the fall of other biggies too. These have made many investors, employees and IT companies to shut down the shop or making them bankrupt.

The question has to be asked as to what if anything financial institutions have learned from this experience. Will they accept the bailout packages and continue with business as usual or will they use this financial assistance to buy time enough to redefine and retool their business models? This would seem imperative if we are to experience solid and sustainable economic growth once again.

Major economic powers such as the USA and China have cooperated in trying to bolster their respective economies. It is apparent however that even if some successes are achieved,the real solution lies in cooperation with Europe and the other Asian economies if a true global recovery is to be achieved.

Financial rescue packages will not necessarily help the investor in the short term except perhaps to put a brake on the losses. Assuming it will take some time for financlial institutions and other affected organizations to get their houses in order, the investor must review his or her own investment strategies in hopes of regaining a pattern of sustainable growth.

Instead of finding out all these hook and crook at the time of turmoil political leaders of prosperous and responsible nations should sit together to decide strategies, which can prevent such collapses in future. IF incase these solutions doesn’t crop up from them then small investors should be careful while making any decision in putting their money in.

All to often when we read the news about the plunging stock market we may feel unaffected unless we ourselves are players in the market. What is not always so apparent is the slowdown in the economy, noticeable loss of jobs and lowering of wages resulting from loss of share values. The average citizen needs to be aware of the effects of what is going on in the marketplace on his or her own well being. The road to recovery isn’t just about saving major financial institutions but also about educating the average citizen about what this all can mean to him or her.

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