Friday, April 30, 2010

ICELAND VOLCANIC EFFECT

From the past one week, we have encountered the chaos, skies decked out in white ash fumes, emerging from the volcanoes in Iceland, which gone off at the aerodromes spread across the globe. Hoards of stranded people can be easily seen over there. Some countries have extended visa dates for the tourists and some are in process thereof. This sort of explosion can be traced back in the year 1821 just 189 years ago, and then fumes took about a year to find its way out. Mercy! Already, in a week alone airliners lost its $3 bn, just think if it goes only a months not to delve about year. Economy will be impacted badly. Fruits, vegetables and beverages industries will be worst impacted. Tourism will get marred resulting in Greece, which is struggling economy already; along with Spain and Portugal will be on the verge of collapse. Economies of European countries can get contracted by about 0.1% if the situation persists for a further month. Can we dare to nag our mind to ponder upon the fact that there was no precocious child to ask seer about this happening? Iceland was not so important for many of us and ergo we have gone mad from the gnawing effect of this ash created by nature. It is rather a black-swan effect, obviously, disrupted our activity teemed with inabilities to go by nature. We have low cost aeroferry, blinking speed emails to ship our matters cisatlantic - anteatlantic, business overseas planned in third country’s suite, diehard international tastes. No wonder we are stunted, wasted and underweight from our activity. We should take a task from Rousseau’s back to nature. Why do not we use road transport, why cannot we ferry our ship, why cannot we walk along with our colleague. If we do not want any black swan effect, we need to have self dependent otherwise