Last year in october the American stock market shed about 30-35% of its value over a short period of time, before the major economist woke up we saw a free fall of the prestigious Dow Jon’s industrial average. Some blamed the sub prime mortgages others blamed the slumping economy and the price of gasoline for this catastrophic situation.
This might be true in a sense but let me put forth a totally different scenario before you guys, I think most of you are aware of a disorder called ADD (Attention Deficit Disorder) where a person suffers from a short attention span and is unable to plan ahead or finish up what he has started, in the same way most of the Americans behave when it come to shinny objects that they can flaunt around for e.g. when the new I-phones came out people waited in the lines outside an apple store to get one, 6 months later when the new Black Berry’s came in the market the same people were seen standing in front of the store that sold the new gadgets.
When a person in India or a third world country buys a house he meticulously plans his expenses around the mortgage. In short plans his whole life around so that he can make those monthly payments that he owes to the bank contrary to this when an American buys a house he even takes a loan on the minimum deposit that is required to secure the house and consequently lives beyond his means.
This is what happens when you become a spender’s economy, the trade deficit to other countries is at an all time high and you feel yourself stuck in a spiral downturn. The only way a country can lift itself up from this economic spiral is to embrace the principal that has prevailed for generations “Planning ahead”.
Blogs are my diary, growing up I used to maintain a dairy on my day to day events. Thought of growing "Green" now hence the blogs, hope you guys enjoy reading them as much as I enjoy writing them
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Thursday, January 8, 2009
Wednesday, January 7, 2009
Ironic- US war on Terror
If US attacks Afghanistan after the 9/11 attacks on World trade center it’s deemed as “War on Terror” , while if India even thinks of attacking Pakistan after it’s shameful attacks on Mumbai we are asked to be considerate and think rationally before planning any moves how ironic. Recently read in the papers than Rice was flown over to the sub continent with one and only one agenda “Stop India from attacking Pakistan” and why because Pakistan had threatened to with draw troops on the western front thus crippling the so called “War against Terror”.
USA is probably the only country on this planet who doesn’t want to learn from its past mistakes be it managing ones own finances or deciding between a friend and a foe. Never seen such a short sighted nation with not beyond couple of years, when are these guys going to ever realize their past mistakes have come back to bite them in next 10 years, be it helping Saddam against the Russian during the war against Iran in the early seventies or recently enough helping the Taliban over throw the Russian government from Afghanistan. Both these lead to a regime which eventually turned against the people that created it in first place. Today Pakistan might seem like a very friendly country to USA but in years to come this might prove to be a fatal mistake.
USA is probably the only country on this planet who doesn’t want to learn from its past mistakes be it managing ones own finances or deciding between a friend and a foe. Never seen such a short sighted nation with not beyond couple of years, when are these guys going to ever realize their past mistakes have come back to bite them in next 10 years, be it helping Saddam against the Russian during the war against Iran in the early seventies or recently enough helping the Taliban over throw the Russian government from Afghanistan. Both these lead to a regime which eventually turned against the people that created it in first place. Today Pakistan might seem like a very friendly country to USA but in years to come this might prove to be a fatal mistake.
Monday, January 5, 2009
Madhuri Dixit India needs you
Not that I have any thing against these guys, but they suck big time. I know I shouldn't be blaming them they perform what they are taught by the choreographer (Nakul: self proclaimed Bollywood diva), his dancing choreography sticks. What I don't understand is some one who gave us hits during the show "So you can dance" last year can choreograph something that pathetic. We need looks of Saroj Khan or Farah Khan to choreograph something memorable.
Moreover this program is been judged by judges representing 8 countries on point basis, one is not suppose to judge when his country performs which means if Indian dancers are performing the Indian judge is not supposed to judge them hence no points from the Indian judge too bad.
We all know that Indian culture goes all the way back to 5000 years, the only culture that comes close to
On the whole if
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