Hammer had a great penchant to invest in stocks. 24th of August 2015, he has lost 2 Million Dollar.
What triggers such low sentiments. He is sitting harassed and drinking beer.
His friend Rob visits the Bar.
Rob ‘chill pill.. it will rise again’
Hammer ‘I guess with the money lost, I should have open a corpus fund for promoting startups’
Rob ‘relax.. take it easy..
Hammer ‘bond increases, god too fine a bit ups and downs.. but look at DOW’s industrial average… you will see the growth story’
Rob ‘don’t be so sarcastic’
Hammer ‘My father a great industrialist named me Hammer because of his loves for instruments and felt Industry needs Hammering continuously’
Rob ‘what next?
Hammer ‘I want to promote industrialization.. will open a venture funding for that’
Rob ‘are you kidding? no one touches factory projects. Banks do that’
Hammer ‘Unless core industries don’t perform well. how can any one invest just in 2 to 50 page websites selling goods or services.. do you feel ecommerce will happen the way it is when lay off’s begin’
Rob is silent
Hammer ‘Am determined to promote core industries’
Rob ‘eroded turnovers, scams and corruption saddles such industries’
Hammer ‘Foreign exchange reserves.. what level are right for such countries? What opportunities get lost?
Rob ‘the developing countries are too saddled with dependencies on external resources. deficient business leadership, infrastructure, unskilled manpower, inadequate domestic monetary reserves, deficiencies in judiciary system, inadequate capacity building and dis-interested people coupled with unethical practices and uncertain weather conditions. Education costs too a factor’
Hammer ‘yes in name of industrialization, environment got eroded over period of time.. It is sad’
Just then heavy shower comes in..
Hammer ‘weather reminds us that soon happy days will come too. Let us attempt this Rob.. Let us talk to the developed country ambassadors on reserve baselines. I know an influential economist who can influence folks’
Rob ‘who is it?’
Hammer ‘nothing much..will send appeals to finance ministers of all countries. one is through media, press release and then…’
Rob ‘you will get hammered’ and begins laughing
Hammer gulps the beer and returns back to his car to return back home