The Stocks this year

"Keep your eye on the economy, it's happening all over. Bad debts are going to increase some more just as they are increasing now. Unfortunately all our economies are reliant on the United States, it's already started happening in Australia.. I don't know about India."

A recent comment from a woman who's been in the financial & banking for more than a decade.

What's happened in the US?

Mortgages, loan of money for larger amounts. Bank's security being either the property that was purchased with the money borrowed or another property/land- either a home or a company, belonging to the borrower.

Before a loan is approved, banks normally value the security and approve loan amounts lesser than the value of the property.

As an example:

Property value: 200$

Loan Approved: 150$

If there's a narrow margin between the value of the property and the loan amount, perhaps because the person servicing the loan is earning well, banks require property insurance to be taken out as additional security for the bank.

Lax lending habits (no proper income verification, people in unsteady jobs) caused by increased competition within the sub prime lending sector (sub prime referring to customers who would normally not be able to get loans through proper banks) on the part of

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Celebrations

This post has been published by me as a part of the Blog-a-Ton 16 ; the sixteenth edition of the online marathon of Bloggers; where we decide and we write. To be part of the next edition, visit and start following Blog-a-Ton . It was a hard ground that felt like sand paper. When he started his journey, it was the soles of his feet that were in contact with the ground, but now as he pulled himself closer to the station, it was his whole body. His elbows were scraped, bloody and fresh scab peeled bled out to leave a trail of red on the wicked hot dusty ground of pain and suffering. All around him slow moving bodies crawled towards the direction of hope, all along leaving patterns of blood, sweat, skin and pus. These bodies had seen civil wars, droughts, genocide and lived to tell a tale of a people who now belonged to a nation listed as one of the poorest countries in the world. This is now, but before the list, was a struggle of massive proportions, under reported and quietly hidden

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This post has been published by me as a part of the Blog-a-Ton 10 ; the tenth edition of the online marathon of Bloggers; where we decide and we write. To be part of the next edition, visit and start following Blog-a-Ton . The Temple Widow A narrow dirt path, generously peppered with tiny pebbles, tiny miniatures of their gargantuan ancestors, leads to a bridge. It hangs, rickety and old. Old but not well used, old like abandoned and not frequently used. The bridge hangs low over a small stream that slowly gurgles past, happy unlike those that visit the place. The bridge leads to a temple. It is not very big, only perhaps the size of a small hut and at the most the size of an average temple hall. The temple has no deity; the temple has no one corner that doesn’t look like the other. It is clean, well swept, and empty. It has no furniture, and excepting a series of well spaced out windows, the walls remains uninterrupted. She stumbles in, the lady. She is not very tal

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This post has been published by me as a part of the Blog-a-Ton 8 ; the eighth edition of the online marathon of Bloggers; where we decide and we write. To be part of the next edition, visit and start following Blog-a-Ton . I haven't got the memory of a vedic tantric. Neither do I ever claim to remember all. All I know is what I know, question my memory if you want to. I don't ask you to remember, I don't ask you to believe. In fact, I'm not asking you for anything at all. It is your choice to be here, to read this. So no, I don't owe you a favor. I happened to chance upon a watch, on one of my travels. Turning the dials of such a watch, could transport you to the past, to the future, to any time. But time, my friend, is not how you think it is. It is not a straight line, and you cannot just by chance hop into the world of dinosaurs and wooden weapons. It is a series of transparencies, like films of clean sheets of paper laid on top of each other. You look from above

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