THIRD WORLD WAR; REASONS & INTERNATIONAL IMPACT ON INDIA
God forbid but what if third world war begins? Considering what would be issues and reasons; I received several and several reasons like food, water or electricity etc. etc.
But I take the privilege to take a different view altogether from you. Which perhaps some or none of you; would have thought of. Yes; if third world war begins; definitely there would be a single reason i.e. JOB CRISIS. You may be shocked to know the answer, but perhaps that would have been the only reason that raised serious issues like colorism and strengthen immigration rules in developed nation.
Way beyond a couple of years back people from developing countries started migrating to developed countries like Australia, US and UK. They didn’t hick up choosing below the belt and odd jobs there like cab driving, steward and so on. High class education system and shallow magnificent life style paralyzed the mind set of natives and sooner spendthrift nature crippled their saving and made a big dent in their pocket. Local people could not find it comfortable to accommodate with blue collar jobs easily. And enterprises did not mind hiring immigrant people at comparatively low wage. In the mean time European Union’s debt started rising and a big rift between revenue and debt created. Since euro is the only denominator commonly used for trade between European countries? And sudden depreciation of it made them realized to take a reactive approach. It was mere a bigning when recession and economic stagnation stepped in. Job cutting and cost cutting directly hit the white collar jobs. American and Ausiees blamed it to Indian’s as migrants and outsourcing activity snatched their job and future opportunities. Despite the fact of comparatively low pay cheques Indian never asked for a raise and as a reason the cost of job hardly went up.
Australian bashed Indian, damaged their property, blamed and force govt. to take corrective measures and to stricting immigration laws, crippling out sourcing. Similarly; American President OBAMA insured that govt. spent almost 250 million dollar to create a single job. Although many doubted the fact; and tagged it with presidential election campaign. However America cut down most of outsourcing business from India and most of the companies/countries found philippiens and other small countries best option for outsourcing. In the similar fashion B.P.O. jobs started dwindling in India; most of the consultancies came to an end and had to look for some other verticals and sectors. Facilities like pick and drop, subsidies food and lucrative pay-offs cut to a significant level. Telecom, Banking and IT companies also hit very badly. Telecom and IT giants started searching off-shore projects and other ventures. People lost job and it was named Recession.
In India situation worse when 2G and Coalgate made public. Seeing political instability, FII reduced investment and companies like Telenor and other started selling their equity and looking for other best options. Banking sector made much hue and cry to abolish the CRR but RBI ruled out the same by reducing it. To promote public saving banks like KOTAK MAHINDRA and YES BANK started fighting over offering maximum interest rate as 6% and 7% respectively on saving accounts. Similarly to reduce the deficit govt. decided to sell its equity to private ventures as a reason permanent jobs became temporary, contractual job taken over job stability. A threat of non availability and loosing job prevailed and job crisis existed.
But I take the privilege to take a different view altogether from you. Which perhaps some or none of you; would have thought of. Yes; if third world war begins; definitely there would be a single reason i.e. JOB CRISIS. You may be shocked to know the answer, but perhaps that would have been the only reason that raised serious issues like colorism and strengthen immigration rules in developed nation.
Way beyond a couple of years back people from developing countries started migrating to developed countries like Australia, US and UK. They didn’t hick up choosing below the belt and odd jobs there like cab driving, steward and so on. High class education system and shallow magnificent life style paralyzed the mind set of natives and sooner spendthrift nature crippled their saving and made a big dent in their pocket. Local people could not find it comfortable to accommodate with blue collar jobs easily. And enterprises did not mind hiring immigrant people at comparatively low wage. In the mean time European Union’s debt started rising and a big rift between revenue and debt created. Since euro is the only denominator commonly used for trade between European countries? And sudden depreciation of it made them realized to take a reactive approach. It was mere a bigning when recession and economic stagnation stepped in. Job cutting and cost cutting directly hit the white collar jobs. American and Ausiees blamed it to Indian’s as migrants and outsourcing activity snatched their job and future opportunities. Despite the fact of comparatively low pay cheques Indian never asked for a raise and as a reason the cost of job hardly went up.
Australian bashed Indian, damaged their property, blamed and force govt. to take corrective measures and to stricting immigration laws, crippling out sourcing. Similarly; American President OBAMA insured that govt. spent almost 250 million dollar to create a single job. Although many doubted the fact; and tagged it with presidential election campaign. However America cut down most of outsourcing business from India and most of the companies/countries found philippiens and other small countries best option for outsourcing. In the similar fashion B.P.O. jobs started dwindling in India; most of the consultancies came to an end and had to look for some other verticals and sectors. Facilities like pick and drop, subsidies food and lucrative pay-offs cut to a significant level. Telecom, Banking and IT companies also hit very badly. Telecom and IT giants started searching off-shore projects and other ventures. People lost job and it was named Recession.
In India situation worse when 2G and Coalgate made public. Seeing political instability, FII reduced investment and companies like Telenor and other started selling their equity and looking for other best options. Banking sector made much hue and cry to abolish the CRR but RBI ruled out the same by reducing it. To promote public saving banks like KOTAK MAHINDRA and YES BANK started fighting over offering maximum interest rate as 6% and 7% respectively on saving accounts. Similarly to reduce the deficit govt. decided to sell its equity to private ventures as a reason permanent jobs became temporary, contractual job taken over job stability. A threat of non availability and loosing job prevailed and job crisis existed.
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