Sunday 26 October 2008

We are living in strange times

It was a rather interesting piece of news: politicians all over the world are reading Das Kapital. Oddly enough, it doesn't sound bizarre right now. If they were seen doing it the same time last year, they would have been 'finished' by now.

The U.S elections will be held on the fourth of November. It is almost certain that Mr. Barack Obama is going to be the next President. However, our PTI is not so sure - it recently gave out an article stating that U.S. Police fears that riots would break out if Obama loses. Well, let us wait and watch.

If the American public elects McCain to the White House, we will have a pretty nice 'deluge'. I was exasperated when John Kerry was defeated by Bush. I could not understand the logic behind it, to put it rather mildly.

Our Sensex is nosediving as if there were no ground below. It seems that we will have negative indices very soon.

I found out that my SB account balance and the sensex are deteriorating at the same rate. I am looking for a bailout. Hope dad and mom would not 'Lehmann' me. It would have been nice if Paulson and dad exchanged their economic policies and outlook.

Sigh! That is not to be!

The only way out of this terrible situation is to invest in infrastructure development, says Paul Krugman. The opinion is shared by our Prime Minister, Dr.Singh as well. When two wise men say the same thing, which happens rather rarely nowadays (Hey, it is difficult to find out one wise man, let alone two and their having the same opinion on the same issue is like winning the jackpot.), we should listen to them.

It feels great to have an economist-Prime Minister in this Great New Depression. At least, the government will have an idea of what is going on in the economy. Imagine what would have happened if someone like Bush was governing our country.

God save America!

3 comments:

Anonymous said...

your posta are so good. Hopeful words for the time u become a manager/controlleer of things we/u are worried about

Annie said...

Go through the poem "Peril" in the site www.ithinksoann.blogspot.com or www.thoughtswrite.blogspot.com and find out the anonymus author who commented on ur blog

Annie said...
This comment has been removed by the author.

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