by echandr on Sunday, September 21st, 2008 | Diary, Life

A friend of mine said he was like having a deja vu with global financial crisis this past few weeks. Capital markets all around the world were soaring up with the hikes in commodity prices. Companies dealing with commodities led the rise of indexes. Poor and developing countries are working extra hard to keep up with the problems arouse, while developed countries are having funs with speculative actions on commodities and trying to make the most benefit out of the chaotic markets.

In one part of the world, the billions poor people are struggling with their lives for foods and other basic needs, while on the other part, the few million rich are having extravaganza lives and showing-off. One person’s pain is another’s gain….This phrase sounds familiar?

I don’t actually know how this balance-mechanism works for us on this earth. Some people are so greedy to expansively grab all they want, while the rest are so defenselessly seeking for whatever left to survive.

The epic reaches its climax with the fall of the huge traditionally powerful financial institutions in the US. The investment banking companies on Wall Street have been the icon for the financial power for a long time. They are powerful, super rich, arrogant, ruthless and merciless. They could practically get their hands on anything they want. They move and act with pride and taking more than they could. They see profit as the one and only extra important goal. Other thing else is meaningless.

Seeking for profit is one thing, but greedily excessive urge for profit is too much. Wanting anything too much in life keeps the balance off the chart. Now, it has been too late for a lot of those at Wall Street to understand this simple wisdom. They now reap what they sow. Their greeds have eventually brought down the decades-long pride hanging high on the top of the skyline-buildings of the financial district on Wall Street.

It’s too bad when the understanding comes too late……

Tags: Diary, morning coffee