bombs, and, banks

What is common between bombs in India and banks across the world? They are exploding without fail. You cannot pass a single moment be it the paper, net or TV without hearing a bomb blast in an Indian city and a bank collapse in another country. The banking collapse is caused by CDS (Credit Default Swap). The root cause for bombs is explosive (LPG, crude bombs etc.,). Though there is no connection, the resemblances are uncanny.

Interesting thing to note is both the events affect the same industries. IT and ITes are the main hit for both. Indian IT industry has a 40% exposure to BFSI (Banking, financial services and Insurance). New companies who want to set-up shop in India will watch the terror threats and the recent happenings could act as a deterrent.
 I just felt that we should put them on the same platform considering the profound impact they have on Indian economy.

Recent bomb blasts in no particular order:
· Bangalore
· Ahmedabad
· Surat
· New Delhi
· New Delhi
· Malegaon
· Gujarat

Recent bank collapses in no particular order:
· Freddie Mac
· Fannie Mae
· Lehman Brothers
· AIG
· Fortis (UK)
· Washington Mutual
· Wachovia
· WaMu

Indians have become immune to both bombs and banks. It is like just any other news. There were rumors that ICICI Bank was next but public did not pay much attention to it. This is a good thing. Whatever happens we will not lose our freedom. We will be involved in our daily activities as usual.  That should work well towards our productivity as a country.

Terrorism’s main aim is to create a sense of fear and panic. The frequency at which the blasts are happening in the cities and the way Indians fought back clearly tells us that the perpetrators did not succeed. This is in spite of having an inept government in handling internal security.

I am hoping that there will be few banks and no bombs.