Dubai Bridge's falling down..falling down

News from Dubai is not good. Not only from Dubai, but from everywhere. As in any case when hype reaches its peak, the height makes people scary, and fall becomes the nightmare, just like being on top of any the huge structures built during hype.

Profit is the magic word next to wealth. Inflation is the stepping stone to profit. Few grounds your next door is sold for a good amount. Buyer may be in a hurry to settle down, or his plans can be lagged. He has to settle down at the earliest to avoid further losses. He don't mind buying that small piece of land for double the value. Good. A personal or official situation is solved and fixed. But that create a hype. A benchmark. If the next buyer of a nearby property can afford it or not, last deal becomes a bench mark. Situational inflation which is not deliberate, causes further hype.

All those confined in walls of a rented house faces a problem every year. The moment an IT moron or a money packed NRI rent a house opposite, your house owner starts worrying about loss incurred every month, whenever he think about the difference in rental his blood pressure will hit heights and he will start showing symptoms of stress. If you have solid rent agreement running for years, his stress will gradually develop to depression seeing the hype around. He will be tempted day by day to have his share in the hype. Again logical. Strangely logical from his view point and not from yours. Profit or wealth inflated or not is irresistible even to a retired Oldy.

Mass psyche or in other words integrated individual psyche have all the pros and cons of Individual psyche when it comes to profit and wealth. Especially in India where one can dominate bureaucracy to make profits. Even a tip of will help one to make billions or millions. When you drive through a new road to bypass traffic clogged artillery, you are relieved. You never realise that your relief have some economical value to some who used that to create a hype. Forget those infra structural guys infected with politicians, labours and always running behind schedule. This is about the smarter creed. The moment the bypass is conceived, those who are smart and in touch will start buying land even before the announcement. The moment the bypass is announced one can sell it at premium. If the investor is patient to wait bit more and he can afford, the rate hits sky in few years.

When you or me swipe our card to buy groceries, or even to built or live a glamorous lifestyle we are responsible to repay until unless you are too irresponsible even to care about the guys who may call you round the clock, and unsolicited visitors when your aged mom or wife is alone. Even in that case they will grill you and threaten you with a chance for grills. When a company swipes loans, a legal entity is swiping and maximum outcome is just a liquidation or conviction for fraud. It's easy for legal entities to create hype and then inflation. Even in a private or public limited company administration is accountable to share holders. But when it comes to something as in Dubai, an organisation built on government funds...

Again back to hype and profits. Just a normal phenomenon seen in every walk of industry. Just another example of deliberate hype. Akshaya Thritheeya. Something you may not even heard in your childhood. We forgot that when we book gold in a shop or bank. Or just tend to forgot. Deliberate and willful amnesia. Cause the hype got a hope in store for everyone. Rather an addendum to hopes stored. And hypes have many forms ranging from the next door neighbors new dress to the MLM guy who drove an S class. Every day new hypes are being aired in the horizones of profits.. Bridges and structures were built on hypes just to be tested with time.

Again that's the truth. Acid test. Time. More bridges to fall down.