Nature has this strange way of running time in circles. The history keeps on repeating itself. Man, so many times fails to learn from its history and falls prey to similar situations. History repeating itself is a chance but mostly its our failure to learn from experiences and improve. Those who learn well from their glorious past could also seek inspiration from history and replicate it all over again.
The recession of recent years was a case of history repeating itself as we hadn't quite learned enough. The sub-prime lending and audacity of the "big" banks, thought of to be too big to fall caused havoc in the global village. A similar event as that of the Great Depression, when the banks because of their careless attitude ended up falling down. The banks were again trusted this time for a responsible behaviour but the big shots like AIG, Lehmann Brothers couldn't prevent themselves.
The history also saw India at the helm of the ancient civilised world. That history is slowly but surely repeating itself again. India is well on its way of regaining the global superpower status it held. Growing at this rate it will in the next decade be on terms with the now developed powers of the world. The country towards which the west was eagerly looking to find a route and start trade, culminated with Vasco da gama, reaching India. Similarly today the west is looking to do trade with India. The visit of the President of The United States, France, and then China all in a space of few days shows everyone's eagerness to do trade with India.
Once again it's India everyone is turning to. Only this time they are not seeking spices.
The recession of recent years was a case of history repeating itself as we hadn't quite learned enough. The sub-prime lending and audacity of the "big" banks, thought of to be too big to fall caused havoc in the global village. A similar event as that of the Great Depression, when the banks because of their careless attitude ended up falling down. The banks were again trusted this time for a responsible behaviour but the big shots like AIG, Lehmann Brothers couldn't prevent themselves.
The history also saw India at the helm of the ancient civilised world. That history is slowly but surely repeating itself again. India is well on its way of regaining the global superpower status it held. Growing at this rate it will in the next decade be on terms with the now developed powers of the world. The country towards which the west was eagerly looking to find a route and start trade, culminated with Vasco da gama, reaching India. Similarly today the west is looking to do trade with India. The visit of the President of The United States, France, and then China all in a space of few days shows everyone's eagerness to do trade with India.
Once again it's India everyone is turning to. Only this time they are not seeking spices.
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