Poetic Verses

The Slump

A few years ago there was  the evidence of a world wide gloom
There was a situation that seem to make Wall Street experts looked like buffoon
The  renown and  seemingly well touted  impregnable financial institution
Was  in this event  placed in a very embarrassing  situation.

To the uniformed this predicament  would have seemed to be sudden
But those financial gurus  with their expansive views knew the true position
Being privy to a trends, patterns and  a multiplicity of financial information
Perhaps did not want to expose  their colleagues  in other institutions

Then came another shock, in countries far flung it was reeking havoc
Business seeing profits slumping, this brought to them  a great shock
It was also manifested  in Europe and later reach the oriental bloc
Seeing their exports reduced and  so there was an increasing stock

There was this universal cry as there were job losses  even more
Although workers were going perks were still being given to the CEO
Who in some estimation were the ones who fueled the  situation
So why should they be compensated for  their incompetent administration

Another  situation that made some people cry was what they had put by
Was now null and void and they  observed they pensions funds also running dry
Then some got takened  by those  who were crafty it seem, such charlatans
Invented scams  where they were selling some virtual plans.

Fortuitously some government  decided to  inject billions
So as to bring some ray of salvation to their population's depressed  millions
But what seems strange  big corporation were also too in  strains
So some of this money went a long way into easing their pain.

It has been a little time and some places say there is light at the tunnel
But try at they may the smaller economies are  at the bottom of their barrel
In times when there was money around many did some borrowing
Now is this crisis they can see that  their deficits are constantly growing.






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