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Where does it lead to

Next what?? The militants will be killed...Most of the hostages will be rescued, and we will forget the fact that Shivraj patil is useless until the next incident happens... And we will also ignore Mr. Raj Thackeray's lack of leadership qualities during this time of crisis. And we will continue to remain the same. Same?? Oops..It is not Same...It is SHAME What is the course of action for the country? The PM has already blamed the neighbour, though our own people in the form of militants within the country are going to be eventual culprits. War on the neighbour...No, pleeaaaaaaaaaaase? Yes, I will be consindered as a weak hearted person, but an outright war on a sovereign nation where the people do not hate, but only are under the mask of perceived hatred is not the solution. Infact, we should go out on war against the militants.. Even Pakistan is not in a poistion to take away the Taliban and the AL-Qaeda from its hideouts. Prepare a joint force and eliminate every islamic militant...

Single digit inflation…good news or bad news??

In the amidst of all the good news, there is a silver lightning in the form of the news that the inflation has finally reached single digits. For the last week, the inflation came down to around 8.5% from around 10% in the previous week. But is it really a good news? I think this is more of a warning of the forthcoming. With a drastic decline in the IIP growth rates, and the average money available to people it was but pertinent that the inflation would come down. But I think this is eventually leading to a deflationary trend. If things happen at the same pace as they have been happening, there is every chance that deflationary periods will be looming around in no time. Consider this in the upcoming months: a) Production decreases b) Exports go down c) Affordability of people go down d) Fuel prices go down e) Money available to people goes down f) Negative perceptions towards the economy increases g) Will not speak much about the exchange rate. It may remain the same or depreciate furt...

Extreme Currency

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The first thing that one can observe after a series of very high inflationary periods is, higher denominition notes. Recently Zimbabwe launched 100 million zimbabwean dollar bills owing to the very high inflation which is hovering around 165000%. Imagine the situation, where each loaf of bread costs around 16 million zimbabwean dollars. The currency depreciation made the currency trade at around $1 = 200 million zimbabwean dollars. This lead me to a search for the world's largest denominition bills: To begin with, a) The largest denomination banknote ever officially issued for circulation was in 1946 by the Hungarian National Bank for the amount of 100 quintillion pengo, (100,000,000,000,000,000,000, or 10 to the power of 20). The Post-WWII hyperinflation of Hungary holds the record for the most extreme monthly inflation rate ever — 41,900,000,000,000,000% (4.19 × 1016%) for July, 1946, amounting to prices doubling every fifteen hours!! b) Largest bank note with zeroes ...

Only god can remove me from the power, not britain or any one else

Couple of weeks ago I said these statements in a rally. Guess who am I? Iam running the country for the past 28 years, after some heroic efforts. In all these years of rule I hardly did anything for the economy, but I've ensured that I had all the luxuries. Now Iam 84 years old, but still Iam eager about power. Because of lot of international pressure I agree to conduct elections...My main opponent is a trade union leader and has been the strongest critic of mine for a long time...looking at the situation I predicted that it might be a landslide win for the opponent, so I went ahead and started annihilating all the supporters of the opponent party. I even scared the people who were willing to vote to the opponent member. In order to act as a mediator I invited the prime minister of the powerful country in the continent, who is the only supporter of mine and ensured that any troubles are overcome. In spite of all the efforts, in the elections held in March' 08 I lost the electio...

Petrol price hike: Increased arbitrage for committing crime

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"Lets not burden our children.." these are the quotes of Mr. Manmohan singh after the fuel price hike declared yesterday. It is a basic common sense that all the oil companies will be dead without these price hikes. Not that these price hikes will lift them from the deep losses, the amount of direct subsidies atleast will come down. The imminent affect of the fuel price hike will be felt by the normal consumer is two ways: a) The increased price per litre b) The quality of the fuel One may wonder, how does increasing the fuel price hike affect the quality of the fuel. Because, the increase in the fuel price hike occurred on Petrol & Diesel but the prices of Kerosene remain UNTOUCHED. The arbitrage value can be understood from the below graph. This will provide more impetus to the petrol aduleteration whose victims are the millions of vehicles, the environmental pollution and the famous Mr. Manjunath of IIML who was brutally murdered because he suspended the license of pet...

Water: Tibet and China

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This title has got no relation with the movie Water :) I guess one would have already guessed what I intend to speak...It is about China's strategic interest in Tibet.... WATER There is already a saying that the future wars are not likely about oil but about the basic requirements of food and water. I was trying to understand the reasons China would be so interested in Tibet...Agreed all the countries are bent upon acquiring as much geographical area and hence as many natural resources as possible, but Tibet especially stands in a very strategic location. 1/3rd of the World's population directly or indirectly depends on Tibet..Guess how? Almost all the big rivers in Asia originate from Tibet, be it the Yangtze or the Yellow River or the Brahmaputra or the Indus or the origins of the Ganges all take its roots from Tibet. This is the image showcasing the rivers around Tibet: The Yangtze river alone is such big and has such huge potential that the world's biggest dam i...

The democratic recession, Friedman

There was an interesting artcile by Thomas.L.Friedman, The World is Flat guy.... He quoted that one of the other depressions that the world is facing is democratic depression. He quotes that the economic freedom decreases with the increasing oil prices. It is certainly vis-a-vis the countries like Russia, Venezuela etc. who are oil exporting nations but are not under democracy. The article arose certain questions... But is democracy a matter of concern now? Is china a democracy with hardly any press freedom or verbal freedom? In the countries who boast about their democractic standards what are the achievements received? I may sound a communist, but Cuba has acheived somethings like near 100% child nutrition, education for every child etc. that most democratic biggies could not acheive? So, what is so significant about democratic recession? There are countries which are certainly sending grotesque examples like the Zimbabwean president, who has ensured that the elections become void..s...