Is there balm in Gilead?
Once again a midnight dreary, in the thick of
bleak December,
Here comes the tapping Raven, rapping at my chamber door.
Desolate yet all undaunted, on this desert land enchanted -
On this home by horror haunted - tell me truly, I implore -
Is there - is there balm in Gilead? - tell me - tell me, I implore!'
Quoth the raven, `Nevermore.'
Here comes the tapping Raven, rapping at my chamber door.
Desolate yet all undaunted, on this desert land enchanted -
On this home by horror haunted - tell me truly, I implore -
Is there - is there balm in Gilead? - tell me - tell me, I implore!'
Quoth the raven, `Nevermore.'
2014 is knocking at the door and the business world is
asking yet again, 'Is there balm in Gilead?'. And as usual, the nasty crow says,
'Nevermore!'.
Profitability is the key to survival of businesses. Blame
it on the Information and Technology. The very recipe needed for the genesis and
prosperity of business and industry has turned into its poison today. Free
flowing I&T makes it so easy for the supply side to match up to and often
exceed the demand, thereby routing prices and returns. There is no turning back.
The paradigm shift is clearly visible as the economic cycles are getting smaller
and sharper like diamonds. Not very conducive to conclusive growth of
businesses. The businesses will have to constantly adapt and evolve in order to survive the
shark jaw progression. Especially, the ship owning, where the operative costs
are so high, low returns can smother the owners over the period of time.
Business or no business, IT industry is making a big buck and Silicon Valley is
rife with activity once again.
Thanks to Benjamin Franklin for rescuing
the world economy thus far after the 2008 rout. The picture perfect has created
demand among emerging populace, which has worked like parachute and prevented
economy from hard landing. But sooner or later this money will have to make a
retreat and we have already witnessed a trailer of the aftermath recently, which
has exposed the underlying weakness of these markets. Nevertheless, the good
news is coming out of Persia. Iran’s melting on heavy waters is a positive
indicator for the world economy. However, there are many political factors and
vested interests at work trying to maintain the gravity of sanctions. On the
other hand, mounting tension in East China Sea over China's newly acquired
obsession of pee-marking the undefined territory in the region, is another cause
of concern for world trade.
As far as shipping and logistics are
concerned, there remains a big Q-mark even in 2014 because of availability of
easy money which is still converting into marine assets ignoring the firm
indication that the human societies are developing an affinity towards
virtuality.
On macro levels, the trends are grim, ungainly, ghastly,
gaunt and ominous. I personally feel, the move towards ONE EARTH-ONE WORLD may
prove fatal for the human society. This homogeneous army march in sync may be too much for the delicately balanced nature and resonate her off the hook before
moving into epilogue.