Another one of those pondering that afflicted me at work...
Will the ongoing Wall St. crisis be a precursor for another baby boom? And if there is one, will the children born in this boom send the average IQ levels of America shooting?
Historically, a baby boom has followed every documented state of general national distress... yeah, we've never bothered to check it in India since the common man in urban India here leads nothing short of a war-like existence on a daily basis, but in the US of A, be it a World War-II, the Viet or even the recent 9/11 strikes, they have always managed to overcome the realities through their enhanced productivity. Talk of more bang for the buck! That's possibly their way of handling stress (why should our's be any different? Possibly there is no reason, but since our fledgling National Statistic Commission has far more important lists to manage (see Inflation, CPI, WPI, GDP, OBC population, creamy layer, the works), I shall restrict myself to verifiable sources of information.)
Hence, given that jobless claims are at an all time high, and Wall Street is now underwater, there should be another spike in the US and UK census statistic. At the surface of it though, it seems highly irrational that when people don't know the whereabouts of their next few months' meals, they would want to bring in another mouth to feed.
Assuming rational investor behaviour then, (pun intended) the latex companies should be looking to ramp up scale and ad-spends, which would be a stroke of sunshine in an otherwise gloomy economy.Yeah, literally making out in the hay while the sun shines!! Would this crisis give a fillip to the prostitution and adult porn industry? Hey, but when did that industry go out of business anyway? Isn't Hugh Hefner the one who's been holding the US out along with Berkshire Hathaway and Henry Paulson?
Anyways, the ramblings gave rise to two questions... the answers to which I don't have a clue about.
1) Why do crises lead to increased sexual activity in a nation? This is what the researchers in the US have to say.
Is it because of the pervading sense of insecurity which the bedsheets cover up pretty well? Or is it because sex is possibly the cheapest (at the face of it at least, if you are willing to consider the begging / pleading costs sunk) and most assured form of entertainment for the public at large?
2) Will the average IQ of the populace increase, given that the people afflicted most are investor bankers and the allied financial types who are typically a Wharton, a MIT-Sloan, a Kellogg or an IIT-IIM, or will the law of averages hold good here as well?
And while pondering, pray about our placements as well!
overheard in the pantry when LB failed...
N: thank god! I didn' t join them despite their offering me XYZ
A: and thanks again! they didn't take me despite my most desperate efforts!
Talk of black swans ; one man's incompetence could be another man's doom!