Recession->what it does???Global economy in jeopardy!!!

                      Prelude : The outcome of National or Regional economics which broadly speaking doesn’t favour the civvy is called a Recession.I don’t want to go deep into the different countries that were inflicted with recession instead lets see what recession does to an country’s economy.By the research done by National Bureau of Economic Research it can be redacted in this way->”A recession is a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales”here GDP stands for Gross Domestic Product which is an Standard for Measuring economy which takes into consideration different factors like Capital,Market values etc in a Period of 1 Year.

What recession does???

Recession makes either Inflation or Deflation of Market prices which when goes by the way of a civilian a fall in price is always a one which should be welcomed but see from the angle of original possessor it would be hard to digest..Isn’t guys???.Similarly deflation in one way or other it affects either the producer/dealer or the consumer.

Since the business cycle is very hard to predict you cannot say when an recession is going to happen we all know the world economy teeters between bad and worse so its pretty hard to handle recession

Recession in USA:

Everyone knew that the companies which have U.S as thier Migdol Stronghold is suffering due to sudden slump in Dollar’s Price vs Rupias,Yens,the dinars etc..So what happens to Global economy by any chance Global economy in jeopardy->America is harbored from a deep recessionary Gutter by its magnificent diversity, a worldwide slowdown could increase the possibility of a Global Avalanche, propelled by the U.S. consumer sector and considerably this lowers the demand from world’s manufacturing Giants the reason for this is the consumers in U.S have considerably reduced thier demand of products from other country.

America has only (5/100) of Population out of that in the Universe but about 1/4 of the resources is consumed by the population in U.S.Another important reason say some 14% reason for recession is people who were unable to repay the debt they have with the Banks who would have Pledged thier house as thier Surety and it would have lost its Value when it was during the time of quotation and unable to repay the debt some part of what h/she has borrowed would be paid by bank->Loss of resources.

Whatever i know i have written Please Obliterate/Neglect the Mistakes i ahve commited

Gossips section:

DO YOU THINK RECESSION REALLY HAS MADE AN MAJOR IMPACT IN Indian economy if so in what areas????

KaReEm AbDuL JaBbAr-Spire Man of BaSketball

You cannot miss this man in the Court even if you are in a half slumber not only because of his 7ft2 height but for his gumptious and never give up Policy in the court.Born as Ferdinand Lewis Alcindor he had great interest in Athletics and he was also considered to be one of the Best Player to have played the NBA.While studying in the School his team held one of the Stupendous  Record by a School in the state championship by winning 72 consecutive games.

Puerility:

Born on April 16th 1947 his father was in departmental store as a Price checker.He was raised as a Roman Catholic before his conversion to Islam in his college days.And he won surplus game for his school at his young age and was Portrayed as a Child with Supernatural powers because of his belligerence in the Court when he represented his school.

College Days and Conversion to Islam:

In his early college days Alcindor and the UCLA Bruins faced the Houston Cougars and this match->”Game of the Century” was the first ever Basketball match widely telecasted in the televison.And the result of the match is bruins Unprecedented winnign streak of 47 games was brought to an end and on Alcindor’s side the Dearth was ended.

On his conversion to Islam he said to the Playboy Magazine that he had a great devotion to Islam from his early childhood days and he got converted when he started to think that The Time Has Come.

Spousal Life:

He Married Janice Brown who later became Habiba Abdul Jabbar they had three children daughters Habiba and Sultana and son Kareem.

Famous Shot:

Abdul-Jabbar was well known for his trademark “sky hook” a shot in which he made his supple body bend like a Copper wire and Makes it reach the basket Safely.

Currently he is serving as a Coach and visiting coach to many Leading clubs like Lakers Eagles etc.,

Honors:

He was named as the greatest college Basketball Player of all time by ESPN.

Achievements/Record:

He created record by scoring 38,387 Points and by winning Most Valuable Player Awards Six times

Do you think that Jabbar is the greatest ever Player in the History to Play this sort of Ball Game????