When I started to blog sometime last year, those were good days. We were riding the boom. Infact, that's how I named this blog. I thought it were the crazily fabulous times. The IPL had started and it was like the epitome of the great Indian growth story for me. I wanted to capture this mood in my blog. Then the Lehmen fell. Like a pack of cards, all major financial institutions US followed its suit. In less a year, this crisis has grown in such large proportions that a capitalist US has started using words like nationalization. That's drastic.
India also got the hit; first by rampant inflation, and now in the aftermath of US crisis and world at large, we are faced with a steady and steep fall in consumption and jobs. Growth estimates are getting revised downwards almost every month. Not only that, terrorism has taken a life of its own. Whole year had an average of one attack every year with a grand finale in Mumbai. Outside home, there's constant violence in the Middle East. And Taliban is getting closer to home. Only in the late 80s, world saw the end of colonialism. Now barely after 2 decades it seems we are again entering a dark phase of financial depression riddled with terrorism.
Back in home we have a new breed of creatures that go by the name of 'sena' (milder and desi version of Taliban); with utterly twisted sense of culture and nationalism, out there to push our country back in time, as if all these other problems were not enough to meet that objective.
I observed today a few of my earlier posts, which are nothing but cynical comments about everything. That's when I suddenly realized that it's no longer crazily fabulous times; it has turned into fabulously crazy times. Am I being too much of a cynic here? I wish I was!