Assisted Living as a Business Management Response to Stock Market Depression

I feel sorry for my Prime Minister. Dr. Manmohan Singh functioned brilliantly under Mr. Narasimha Rao to pull India from the brink of national bankruptcy. He pledged our country's gold reserves to raise cash. He encouraged all stakeholders to revive economic growth. Diligent financial management was his Mantra. All this was many years ago.

Narasimha Rao is no more. Dr. Manmohan Singh is now at the helm of affairs. Has leadership weighed too heavily on his shoulders? He conceded yesterday that India must prepare for a reduction in the pace of economic growth. This is the difference between economics and business management. You can look for reasons to justify hopelessness, or you can deploy all resources to further aims.

Corrupt links between regulators and Wall Street have brought the United States to its financial knees. India is large and blessed. It need not hang-on to the skirts of this fading power as Europe so loves to do. That should not prevent anyone from taking leaves from the business management Mecca of the world. 

Talk of recession in the United States is exaggerated and futile as well.  It is more like the eclipse of dinosaurs on earth, even as new phyla took to the land and the sky. There are large swathes of business in the United States that flourish even as I write this post. Economists may not have heard of them, but then that may not be a bad thing.

Assisted Living is a thriving business in the United States. It is just what the doctor ordered for an ageing world. It is a better route to realty development than vacuous shopping malls. It is feasible to train most unemployed people, and to put them to work. Pricing and margins are sensitive issues, but that is why we need professional business managers.

Use Assisted Living to defeat the pessimism of stock market economists. Start an Assisted Living business. Invest in stocks of companies that are in this line of work. This is just one example. There are plenty of cash-generating opportunities if you know where to look. Put aside the newspapers and switch off TV as starts. Post below or write to me at drsbanerji@gmail.com instead.