Skip to main content

Where the HELL did the Money Go?




First PMC, then Yes Bank, which will be next ?
.
I was wondering what happens when the bank fails. In the news it flashes "PMC Bank like withdrawal limit imposed on YES bank".
.
Well, I don't have an account in Yes Bank, so I was like
.
"Kya hoga is desh ka,
Kya kar rahi hai hamari sarkar,
Bichchare log".
.
AND that was it, I was off to my routine work, because it didn't affected me.
.
These are the words of a short sighted person and today in our country 80% of people think that way.
.
.
Do you really think it didn't affected ME or YOU who didn't had an account in Yes bank.
.
PLEASE WAKE UP FROM YOUR SLUMBER because It very much affected YOU and ME.
.
.
.
Lets understand this with a small example.
.
Well, I am running a car tyre shop, you know right, if you don't here it is 😁 - Maniar Tyreworld.
I don't have an account in "Yes Bank" but my prospective customer who just inquired me for a car tyre had an account in "Yes Bank". He was suppose to buy the set of car tyres in the coming week which were to cost him for Rs.20,000.
.
.
Now you see what happened, he can NO LONGER BUY TYRES for his car because all his savings were washed off in this YES Bank failure.
.
BUT WHAT ABOUT ME, I too incurred a straight loss of 20k.
.
.
.
Similarly so many of the prospective buyers who had an account in YES bank who were suppose to buy something from someone say
.
an apartment, an interior make over of their home,
.
a holiday, a furniture, a fridge, a car, a phone,
.
a family dinner in a restaurant, an ice cream
now are not going to buy because of YES bank failure and it will directly affect the business of all those people who are selling the above products/services.
.
.
.
.
One of My friend stubbornly said to me, so what I don't care, I'm salaried and I don't own an account in "Yes Bank" and neither my company.
.
Alas! My dear friend, the guy who is paying you the salary doesn't posses a Money Tree, he is running a business and as I explained his business is also affected if not directly but definitely indirectly.
If people don't buy your company product/services will your boss be able to pay you such a hefty salary. huh!
.
.
.
Economy is like cycle chain, if one link is broken, you can not ride that cycle any more.
.
Businesses complain there is slowdown,
.
Why is there a slowdown?
It's because people are not buying.
So why are they not buying?
Its because they don't have Money any more.
.
.
I am Surprised where did all the Money Go ?

=======

If I remember, during demonetization all the money came in the banks, then where did all the money go?
.
If banks says we lent the money and they turned into bad loan, then still the receiver i.e. company/individual should have the money.
.
If a receiver of the loan says I incurred the expenditure and now I don't have the money.
.
Then he still made some payments to his suppliers, they should have that money.
.
Money should be there somewhere in the economy in the hands of somebody.
.
If it is not in the hands of any body then WHERE DID THE MONEY GO?
.
.
Please reply below, if you know where did the money go ?
.
.
All these people below are the victims because of a sudden disappearance of the money in the economy.
.
WAKE UP PEOPLE !
.
Next victim could be YOU.
.
Find the culprit who vanished all the money before its too late.
.
Companies Layoffs in 2019
-------------------------
Sun Pharma - 85 employees reportedly terminated after company shutdown 2 units
Urban Ladder – 90 employees were reportedly fired
Oracle - Around 100 employees laid off in India
Treebo – Around 100-120 employees fired
HSBC – 150 employees were handed pink slips
ShopClues - About 200 employees laid off
IBM - Nearly 300 employees sacked from services division
Samsung – Around 1,000 employees could be let go in India
Mahindra & Mahindra - 1,500 employees were reportedly fired
Maruti Suzuki - 3,000 contract jobs reportedly cut
Jet airways - Shutdown affected 20000 employees direclty and 60000 other people indirectly
source: moneycontrol.com
Labels:

Comments

Post a Comment

Popular posts from this blog

Chennaiyaa... :D

When I came to Chennai and joined the company, I wasn't aware that I'll be in the city among aliens speaking alien language, or saying in a better way, I wasn't aware that I'll be an odd one out. Like every fresher joining a new company, I was doing the same, greeting everyone, smiling at an eye contact, trying to befriend people. Days passed, I was assigned to project, I made friends but still I felt disconnected. The reason was, everyone around me talked in the language Alien to me, i.e. 'Tamil'. The Technical discussion also usually happened in Tamil, they cracked jokes in Tamil, and also laughed in Tamil. :P When all this was happening, I felt an urge to learn Tamil. I started learning with some basic stuff like counting numbers, 1: Oru , 2: Randd , 3: moonre , 4: naal , 5: aanj , . . . 10: pattu , " Unga peru enna? "(What is your name?), "Evalavu? " (How Much?) and my favourite " Teri Yaad Tamil " which mea...
2 comments
Read more

#NetNeutrality

15 August 1995, a day when India celebrated its 48th Independence was another revolutionary day in the history of India when Indians got access to free information all over the world via Internet and within 6 months ten thousand people took access to this free information. Today there are 243 million users who are connected to this network called the Internet. After all these years of using internet for free have you ever imagined, what would you do if you are charged for sharing your status on Facebook? Whom are you going to complain if Wikipedia took a very long time to open up when you have to complete your project the next day? Where will you go if you are forced to pay for viewing videos on YouTube. What other best alternative will you have when you are not allowed to use Google to search content on the Internet. That will be a black day in the history of India for every technocrat, every student, every person who has an urge for sharing or gaining information which ...
Post a Comment
Read more

Brainy Walk

Any one using a Windows computer will know some basic features of the system, like My Documents, My Pictures, My Music, and many more... I would like to share one of the nice feature of this powerful device, comparing it with our real life example. It is the "Recent Documents" which helps us to keep a track of all the recent activities we did, like stored a file, viewed a file, played a song, some movie etc... Reaching office this morning, I was wondering how God carefully designed our brain, considering the smallest details which help us to remember things, keep track of them, and triggers it to remind us of certain events, that happened in past. I was walking to office from my Home in Chennai to my Office. It is a 15 minute walk. But in these 15 minutes, my brain observed things which I was discussing the previous day with my roommate. I was walking casually thinking how to solve some problem in the code, but No sooner I saw some lady, my eyes automatically started...
Post a Comment
Read more