The Root Of All Evil By Charles Dawkins

This video is neither support or to condemn the thought.It respects the content on the wake of atrocities prevalent under the name of belief.

The following link takes to the video/documentary.Please watch if you have 50 minutes of time.

Its unarguably a thought provoking video.

The Root Of All Evil

Dil To Pagal Hai - Accoustic Beginner Version

The Question is no more Is it Me or Is it You I guess its “US”

We have seen Bear, Lehman and Merrill perishing. Freddie, Fanny, AIG have just been rescued in time however it seems the help is still required for these companies to sustain further.

Huge Financial houses known to man are under threat. It seems like sooner or later every institution would get engulfed before the scope of the impact can be realized.

The latest talk of the town being Citibank. When Citi announced job cuts of 53,000 cutting down costs by 20% annually it send shocking waves into the market. Given the mammoth number it was more than a natural reaction for each employee to have questioned “Is it Me” or “Is it You”.

But this question perished in 2 days with Citi stock value dipping 20% on an average consecutively and saw itself at “3.77$”. The question has got drastically changed with this scenario. Its no more Me or You. Its “US”.

Though they are literally few options in these scenarios the coming week starting with Nov 24th shall definitely will be a tough & challenging week for the giant to see through.

Nations Finding Solace in Austerity

The great depression, credit crisis, the meltdown, recession, global financial turmoil, market crisis what ever may be the name whole thing boils down to increased chaos and uncertainty in terms of financial sector operations and all associated sectors which leaves very little scope for imagination.

Given the crisis world leaders, economists, analysts, high net worth individuals, venture capitalists all people from all streams are struggling to see the end of the tunnel.

One unanimous decision ever anybody could arrive was cutting down on expenses until things look ok. Operating costs have become a huge overhead when businesses are not meeting new customers & investors taking the capital out with lack of confidence. Markets mood is quite pessimistic and in many a cases over reaction is pulling the chords further.


I see nations cutting down on spending drastically. Interest rates being cut which helps cash ridden hungry markets a breather. Common man also has to adhere to Austere living. He in fact has to observe this mantra in true discipline and devotion since his job is under threat and chances of finding new are bleak. He has to be prudent in spending and have an eye on all the items which can wait and try and monitor all the areas of expenses to see if there is anything which can be cutback.

Opposite of Jhet - Assistant Jhet...

Well it was long back in May 2008 yet another long day at work was coming to an end,
I overheard one of my colleagues from other team asking her team member a question.

By the nature of the question it was quite straight forward what made it really interesting to quote at this moment was the reply & the context.

The question was "What is Opposite Of Jhet?"
Her team member to put an end to the turbulent struggle within his brain and given the fact he was also exhausted and thinking of hurrying home faster gave a firm reply Assistant Jhet.....or may be Senior Jhet.

That is it...all the people who heard burst into laughter.

The next day I did manage to research to get the opposite it was jhetani...
and so did others,every body had right answers but the reply lingered.

Hilarious instances with such a kinda genuineness remain cherish able for life time...

To Book Train Tickets Online for travel in INDIA

To Book Train Tickets Online for travel in INDIA.

use the following link Indian Railways

Global Imbalance An Imminent dollar Crisis

Highly Informative....recommend it...to chance upon...




You can read my casual draft on Onus to save US is onus... The above video is definitely a great support to my small writeup.

The Blue Eyed Shisha Girl....

Warning: Characters in the story are fictious any resemblance to any person is merely a coincidence and not intentional.

In the beautiful meadows of central Europe there used to be a bubbly girl Maggie. Her eyes were blue and elegantly intriguing. With light going attitude and a lovely nature, fascination to explore she was a delight to be with. Constant quest for new experiences has kept her on toes. Undoubtedly Maggie was a heartthrob.

Time and tide wait for none so did her age. Her propensity to find answers to her solitude has made her prepared. Being a natural explorer once she set out for Egypt. Passing through mighty pharoah’s, tedious camel rides and the adventurous desert experiences made her come alive. Amidst the traversal of such pleasurable experiences on one fine day her sight fell on a Shisha.

She couldn’t pull off her sight, as the Shisha was artistically colorful. She yielded to the price without much bargain as the temptation to acquire has overridden her senses. Maggie bought her favorite vanilla flavor for the shisha. She started spending days and nights shishaying dreaming about prince of her dreams. Shishaying helped her relax and she regretted the time she spent without the Shisha.

The Shisha was no normal antic piece It had a life in too. It understood the feelings of Maggie. It took no time to start admiring Maggie. One-day shisha has spoken to Maggie and said “ I cant withstand your feelings, neither can I help you All I can is I wish your dreams come true very soon”. Maggie was first amazed but was very happy with the empathy. With new found assurance and support she sailed through thick and thin effortlessly. This helped her recouping energies and worked hard to establish as a great painter. Maggies paintings were a reflection of her dreams and exploration of conflicts. She took Shisha with her wherever she went. Her reputation grew in no time as an artist. It was her dream come true when the handsome Prince of Wales came down to watch the art galleries put up for display. Both were love struck by Cupid at first sight. They exchanged vows and lived happily ever after. Maggie later became famous as the blue eyed Shisha princess.She never left the Shisha all her life.

Hey Euro R U Our Next Hero....

After the World War II US Dollar has become the most favorable trading currency. US the only nation, which allowed convertibility to its dollar during the turbulent times of World War II, faired well in establishing itself as a reserve currency replacing Pound. Total trading volumes in US dollar was more than 48% placing it far above than any other global currency.

The formation of Euro has been a historic decision in global Currency market. Euro came into existence in 1999. Since its inception in 11 countries it has been a strong contender to USD. It’s pegged currently by 10 currencies. The growth of Euro was steady and gradual. Total trading volumes in Euro rose to 34%, which is, still less to USD trading volumes globally.

With weakened dollar values triggered by credit crisis Euro has been gaining a greater confidence. Euro zone currently consists of 15 countries with many more nations in the pipeline to join. A single currency across the member countries marked by lower interest rates has been a great impetus to business here. European Central bank has become a serious force to reckon to compete with Fed. Developing nations like China and India with substantial GDP’s are willing to hedge more on Euro.

If this were not enough US dollar is falling on its own performance succumbing to overseas burdens and stress back home.Equations at Wall Street have never changed so quickly in its history. This definitely is sending wrong signals and indications for worse times ahead.

Like the Pound was replaced with Dollar. …Probably it’s now Euro to take the reigns as a reserve currency.

Euro UR Our Next Hero..

References
St.Louis Business Institute Research, White Paper
Bloomberg, Reuters – Articles

Lehman couldn't BEAR This FALL.......

It was not long ago when 80+ year Bearsterns vanished away from WallStreet. Big financial houses were in the same falling spree. Good samaritan act by Fed has prevented Freddie Mac & Fannie Mae repeating a similar act.

Lehman Brothers showed symptoms that it was brewing up with credit problems...until last weekend it had to sink in to file a bankruptcy. It was pathetic to see a 158 year old instictuition crumble to pieces.

The mood in Wall Street touched bottom low and investors are helplessly seeking shelter in chaos.World markets are trying to shield the negativity to penetrate further. Hoping this can get better with right measures in place.

As the saying goes Time & Tide wait for none.....The Fall in NY wouldnt stop...................and yeah This Fall will definitely miss...BearSterns & Lehman Brothers....

Thanks Lehman & Bearsterns....for your visions and path breaking innovations in world finance they shall be treasured.

Sateesh reporting for GTIP......from NY....