IS THE GRAPH “V Shaped”?

Unpredictable. Some say it is true early to assess. Some nods . Some does not. But is it the end of Recession??? Different are the views , different are the findings. Difficult to conclude.
News reports are healthy. Sure to bring back smiles that got lost under a long term depression. The economy is recovering after the Great Depression. But the way is too long to reach a stabilized zone. The impact had been huge as all of us know. To restructure from the debrises , the developed and developing nations need to cross numerous hurdles.
Going by the statistics, US was the worst affected while India the least. But certainly clients were present all over the world. So the economies could not escape the tight slaps on their faces.
Well, I am no economist to judge the situations on a broader aspect ; I’m an amateur right up at this zone. But what I saw, what I read will only get reciprocated in this space. I would be comfortable to start the topic from India only, precisely it will be Kolkata.
A year ago or even a few months back , the employees of KFC n Pizza Hut were roaming around without much service up at their sleeves ; malls were crowded but cash boxes stopped ringing. People mostly gathered for the chit chat sessions but kept a good check on shopping. Well job cuts or even salary cuts were few with respect to those European and American nations out here. Thank you, Mr. Government. And certainly the ill effects were quite low. The emergence of festive season is the sole sufficient proof.
The KFC boys are packed up with work. The Pantaloons and Shopper’s Stop is filled with customers. Yes, customers. With festivals making its way back , the shopping spree is back with a bang. People out here became a bit cautious as newspapers reported the Economic melt down and were busy with the savings; but now have become aware of the no-risk factors within India and gradually pumping out their cash reservoirs. Seriously, a weekend visit to Pantaloons would be the perfect piece of evidence for the given facts. Billing machines are punching few thousands bucks per individual…. And You say..Recession..!!!! Lolzz..!!!!
Well whether it is dining and entertaining , fashion and accessories or high end gadgets , spenders are no longer holding back any longer in anticipation of happier times ahead. Way to rise, boo hoo !!!
The MNC’s are even interested to recruit freshers from the campuses in the coming days… Nothing better than that , if it is true..!!!!
The scenario takes a bitter turn in the next avenue for India then. The reason: Monsoon has been shying away from Indian waters and agriculture. Whatever was predicted regarding the arrival of monsoon had gone all wrong ; and rainfalls seem to make a cameo in some parts of the nation. Though the previous monsoon seasons have led to good storage of crops in the storage , but it now seems inadequate as the demand will grow in the coming months if monsoon does not change its mood. India being primarily dependent on agriculture would soon get a thrash in its economic growth ; lesser availability would lead to the usual practice of surging in prices, affordability would decrease and finally the economic growth curve will bow down.
At this crossroad , it is a bit difficult to predict on whether the growth curve is V shaped or not. It may be a W shaped one…fall-rise-fall-rise and if we are at the second phase , certainly bigger headaches are up at our forehead.
Moving out from India , as I touch upon the European nations and American nations, the reports show a healthy improvement from the previous months. GDP has shown a positive move , flat and housing prices have started to increase with increase in sales. The Government intervention has worked for these nations; and for US economy , it has immense ability to adjust the economic environment by allowing outdated industries to die or restructure , and it is one of those early signs of recovery. But as already mentioned , the path to stabilization is quite steep; fall in unemployment rates would take quite a long time to materialize. Basically the past reports are not so optimistic. Unemployment rate has often remained high and rising for months after US economy has emerged from recession earlier.

The penned down thoughts from various articles clearly depicts a blurred picture of the economic growth. Would the curve follow the V-shape or get entangled in a W-shape is what we need to wait and watch. Fingers crossed!!!!