BURSTING OF BUBBLES IS A REALITY
Like Kids – Like we all – Love the scene when bubbles is floating and moving up and up and up….
But there is a lot of pain when the floating and going-up and up bubble – BURSTS….
BURSTING OF BUBBLES IS A REALITY, whether we like it or not
(Stock market, Precious Commodities and Realty BUBBLES are like Nuclear bombs ) ….
Friends – my sincere advice – Stay away from such Nuclear Bombs for atleast a year from now (i..e March 2014).or till it Bursts.
Rationale behind :
Ground reality of almost every business i.e. Fabric, Ready made garments, Steel, Chemicals , transport, Retail, Computers – you name it – almost all are in bad shape in terms of sales and payment cycle – especially for last – 1.5 – 2 months, which was not even the case in India – in the bad of times of 2008 (Sub-prime) crisis and 2011 (EU – fallout)
In last 1 month – I had interacted with people from all walks of life – who earns Rs. 150/- day to Rs.10 lacs /- per day – they include – Vegetable Vendors / Kirana store runners / Readymade garments – ( Fabric Mfg’rs, Garment Mfg’rs, Wholesalers / Retailers), FMCG Distributors / Real Estate, Logistics / Online Retailers/ Chemical Dealers / PVC bags Mfg’rs / I.T. (Hardware Dealers) to name few.
Assumption :
If the ground realities don’t get better from here for another 3-4 months in terms of Demand and Payment cycle.
There is no clarity why the money flow / circulation has suddenly dried up and worst thing on top of it is – there is no visibility of near future – say 3-4 months.
P.S. :
I would appreciate valued feedback / input from Entrepreneurs / Businessmen / Sales Professionals working for Companies in FMCG / C.D. / Retailing / Real Estate / I.T.( Hardware) industry.
