Recession? What Recession?

It seems that Indian banks are not in global recession and expanding without any problem.

friends , if u have difficulty understanding the current world financial situation , the following should help…….. once upon a time in a village in india ,a man announced to the villagers that he would buy monkeys for 10 dollars . the villagers seeing there were many monkeys around , went to the forest and started catching them . the man bought thousands of monkeys at 10 dollars , but as supplies started to diminish ,the villagers stopped their efforts . the man further announced he would now buy at 20 dollars . this renewed the efforts of the villagers and they started catching monkeys again.soon the supply diminished even further and people started going back to their farms . the offer rate increased to 25 dollars and the supply of monkeys became so little that it became an effort just to see a monkey ,let alone catch it. the man now announced that he would buy monkeys at 50 dollars . however ,since he had to travel abroad on busness ,his assistant would now act as buyer ,on his behalf . in the absence of the man ,the assistant told the villagers ”just look at the monkeys in the big cage that the man has collected . i will sell them to u at 35 dollars and when my boss returns from abroad , you can sell backto him for 50 dollars ” .the villagers squeezed together all their savings and bought all the monkeys locked in the cage . then they never saw the boss or his assistant again , only monkeys everywhere . WELCOME TO WALL STREET . (this is exactly what the common middle class saving people went through in america and india . the republicans in america and congress in america along with rich industrialists and share brokers did exactly what the man amnd his assistant did to the villagers ).