This is the year where hope fails you
The test subjects run the experiments
Such are the words of a song by one of the groups that raise extremist sentiments… u either love this guys or hate em… there is no middle path on this one… yep em talking about slipknot… granted that they r peculiar to the extent where u might actually feel like calling from galaxy alpha rather than planet earth… but I find solace in the music they make…
nyways… after 13 months I decided to scribble something here… basically more out of the need to get myself registered on blogger.com in addition to blogspot.com… and then I had something else to add as always… not that it means anything to anyone, but doesn’t hurt blabbering anyway ;-)… this was more of a response to someone else’s email rather than my own mumblings…
lemme begin this way... the world is an insane place... and it is crazier today than it has probably ever been in it’s entire some four and a half billion year long history... mortality rates reaching all time lows and the percentage of centenarians reaching all time highs... governments of the "developed" world looking for immigrants in the younger age bracket to get taxes for supporting the older populace... governments of the "developing" world trying to reach "urbanization" levels and become “developed” which is resulting in soaring energy usages in the eastern hemisphere and rising crude prices... and funnily enough now that i think about it, for some reason i think i can attribute all this insanity to be an outcome (fortunate or unfortunate is left up to the individual) of the GATT or something like dat which was apparently a big issues when I used 2 be in high school... globalization is pushing economies with more than a billion mouths to feed into the forefront of the energy and soon to be food hungry world... and m thinkin in a couple of decades a thirsty world... quite honestly a doomsday scenario mite suggest buyin property in canada or along one of the great lakes, given that they hold a fifth of the entire world's fresh water content...
and yes of course... last but not the least the 49.8 odd freakin Rs i paid for every darned greenback back in '02 now at sub-40 levels... not necessarily helping the loan repayments ;-)... and gone are the bloody globalization. .. well maybe or maybe not... again it is in the "eye of the beholder" as one of my favs wud scream at ya... :-D
as far uncle ben goes... although m so glad dat he did wat he did (maybe my trip to the canadas did pay off ;-)... i just hope that it does not bring the insane liquidity back into the market... or else this time around the downturn will b so bad dat even a point rate cut will prob not b able 2 help... from wat m hearing the worst of sub-prime is not over yet... ppl seem to think that over the next few months as many as a million houses will be forfeited for non-payment. .. not good given that this is a country of three hundred million only... and i already m hearin the pricing on houses being struck down 25-30% for "clearance" purposes...
nother thing... fallin dollar against rupee can only mean bad things for poor guys busting theirs butts back home... m guessing their 12 hr workdays r now gonna b strechted to 14 hrs, so dat the corporates can make the same profit despite the appreciating rupee and keep the dalal street and in infy/wipro/tcs case wall street also happy... i just hope (probably hoping against hope) that it doesnt head in dat direction...
dat shud do it for now… will b back 2 ramble more… don’t know when… but will b back…
