Economy Now and Tommorow

What is the forecast for 2008 economy? What will make the economy tick in U.S, Europe,Asia and Latin America? Many pundits are foretelling what might/might not happen in next 12 months or so.

Once the feel goodi-ness of welcoming 2008 is over, the news will start pouring in. These are the predictions of very naivete person.

The real estate market will continue to fall in US mostly due to job losses and heavy restrictions on lending. If there is a gradual fall for the first 3 months, then this spells recession until the war is over and those funds can be moved into US domestic market. So this spells a certain doom for the dollar which means gold and oil prices will continue to rise until the war reaches a point where some conclusions can be drawn.

What will happen in Europe? I see Russia regaining its economic power and increase its influence. Unfortunately, I don't have the figures of Russian trade with Europe ( I guess its mainly energy resources and food). Due to the squabbling that is ever omni-present in European countries regarding economy, they also will have some negative effect though I should say weather permitting, tourism will guide them through this year.

Middle East has no economy, so there is nothing to talk of. (If you know what I mean).

Now to Asia and South Asia. Bulk of US and Europe's manufacturing is being done in this place. Essential manufacturing will continue, although there should be a drop in the production levels of some of the cheesy fat goods (non essential;middle class luxury items).  The stock markets should probably keep at their steady levels, any changes offset by increase in domestic market demand and currency fluctuations. That would mean thin returns instead of negative return.

Unless there are major upheavals in this region (like China -Taiwan tensions or Indo-Pak tensions) the region should relatively return good returns on investment.

I would bet my money on real estate in China and manufacturing sector in India.

Now what should to happen to Latin America? Venezuela, Argentina and most of all Brazil are attractive destinations for investment. Brazil's amazon cutting would probably decrease because of lack of market in US but on the other hand the oil futures can begin to soar up in this country. With what 85% ethanol in their car tanks and new reserves of oil found, they are going to sit on their precious baskets and bask.

Venezuela is a taboo country for US investment and Argentina still needs to stand on its heels.It is probably the only country which had crisis when there were all kinds of fireworks everywhere (although of different kind in Iraq and Afghanistan).

If somebody is thinking of Africa, please call me after 2015.

Aussies and Kiwis just dont want to wet their fingers anywhere, so we shall leave them.

and the foremost enemy for Pakistan is a fool who allowed Benazir Bhutto's body to be buried without any postmortem. That is Pervez Musharraf. 

This year

Hiya,

This year has been like nothing any other. Time is again "fleeting". The job has become more than comfortable; came to knew some good people and said good-byes to some good people.

How does 2008 beckon you? What should I look forward to? Too many thoughts flying through the mind and still no clear answers. I have long given up making resolutions , still subconscious sets some goals by itself. The moment you think of not setting a goal, the mind rebels against and just forms a decision or goal; which again forgets 10 min later.

If I just try to remember what happened in the last year, the work and tasks you have done just fly by...3 months of flying to Chicago on work(mostly after summer); countless visits to LasVegas and GrandCanyon; India visit, colleagues moving onto new jobs, back to job again.

My car mileage still to reach 7000 after 14 months in operation,(WTF happened there???). Ah..ofcourse my visit to Nogales,Mexico for Visa. It feels good to cross borders of this country. I think most of the people feel that way, that is why tourism is such a sucker here.

I have grown a liking to fantasy novels during the last year. Almost a sucker to Harry Potter Series, I also completed Alison Croggon's Pellinor Series, Lord of the Rings Trilogy and His Dark Materials by Philip Pullman.

What attracted me to these fantasy novels, is their quality in description of nature. Some times I miss this narration just by reading fleetingly through the chapters in the books. Arguably Harry Potter series is the least descriptive novel, but obviously much more popular due to the mostly no-nonsense story that might be/should be told in the novels.

Well, my fav BB team Suns again reached western conference finals. Their's still is most exciting game in NBA. I wish they would they would win championship this year.

With 2006 and 2007 being heady years, 2008 is already promising to be balanced year. Sub-prime mortgage crisis is looming over(precipitation is still unclear) and pay cuts seems to be along the way. Not good..not at all good with what all happened to the dollar too.

Well, I hope to remove my thoughts more frequently and pensieve them here. It's definitely feels refreshing to look back on some of the thoughts.

Well Bring it on 2008....!!!

Suns triumph over Spurs

Suns run through Spurs...In what will be the most probable pre-match of the western conference finals, Amare Stoudemire showed what he is capable of. This is also first win against best western conference teams, Dallas Mavericks and SA Spurs. It is long decided that, whichever western conference team gets to the finals, is going to win the chanpionship. So, in the essence, Western conference finals is the finals.

Utah Jazz is also palying very tough this year, and you can never count out Kobe. But I will always bet on collective team power rather on one man. One man can only hit so much...and thats why Kobe is a legend. and next game will Jazz will also be an exciting contest, Suns should be able to steam full ahead.

Considerable amount of praise should be reserved for the coach of the suns teams, Mike D'Antoni. I think he is a major success story for his type of 'run & outrun' and 'shoot & outshoot' games. If Stoudemire holds the Suns defence together, I will laugh all the way out of the sports bar....

Phoenix Suns

There is no beating them in excitement..there is no beating them at pace, skill, downtown shoots and team co-ordination. Never has an NBA team showed such domination in this decade, to win straight 15 games twice...most of them on road..absolutely amazing...

Living in phoenix for the past one year, there is not much to entertain here, you just have to cling to what you've got; the best, is of course, Phoenix Suns Basketball team. Each member of the team is as electrifying as other member, each has their own court space, they move with the precision of an armed assault on the rival team.

The co-ordination of the team, is hinged on one man, Steve Nash, with his amazing assists, makes his team mates score at their best records YoY...Flying "The Matrix" Shawn Marion..."The Arrow" ( this is my name) Leandro Barbosa... need more than two eyes to watch.

More on Suns.. to follow..

Padma Shri for Hampi

This is truly happy news for Hampi and for all Indian chess fans. Her achievements well deserve this title. The sports ministry can be appreicated for (once) understanding the importance the recognizing and honouring the talented sports fraternity.

Meaning of a day

How is a day like in your life?

Actions: Get up and freshen up, Drive to Office, Work ( includes conferences, meetings, telecons etc..), go to lunch, come back to work again, leave office, pick up groceries, come home to cook, cook, work out if you have some time, eat , watch television and go to sleep(blog/read if time permits).

Intertwining above actions are the thoughts in the mind, which appear faster than we think and disappear even before we ponder. What makes you think twice about the day? If you have perfectly good one ( i.e. unbelievable or life defining moment happens), or if you have a particularly crappy one.

When do we actually live the day to its fullest? I mean, "really" live the day. Once a year, probably twice a year. How do you live the day to its fullest? I do not know.

Signing off...

Indian Media's cricket coverage

I was really surprised when I started watching the coverage of the 1st ODI between India and WI. The Indian media acted totally ignorant of the excellent chase by WI and only went gaga about Ganguly's comeback. Sure it was a good knock, along with Gambhir's and Dravid's; but it was totally shocking to see the partisan reporting, entirely ignoring to report about the Chanderpaul exciting knock of 149.

Its looks like they copy-catting american media. Just about everyone knows about the partial reporting of america, if not all, most of them. I didnt see one Indian channel telling about the knock of Chanderpaul. I mean, whats the point? Just everyone knew or saw, what a knock it was? There is no need for fucking propoganda here, is there?.

I mean, we can't win playing like this in WI. There is a need for some serious strategic re-thinking here. If I am right, they will again experiment with batting order again in the next two matches. There is less than 2 months to go to the worldcup, we can't get our batting order lined up.

I really hope, they will do some good thinking and get their priorities right. and better not play on pitches like Nagpur and call it a practice. I mean you "swing" your bat and you got practice!?
I call it a "false confidence", they better get out of it quickly.

One positive outcome of it is, I feel happy that India win. Does it seem like a contradiction? Well, it just makes you feel little happy, I dont think any fan of India would like to hear the defeat.

And so I sign off...

A new cold(like) war brews...

The complications are enormous. Now satellites have to be fixed anti missile systems in addition to airplanes. This would directly lead to another type of cold war. Though they wont be a wall exactly, this would deteriorate China's relations with many countries. But there is just a sentence or two today about them in the news, not much brouhaha. I think its might just take a day or two, to estimate the effect.

It need not be missile, its just another object placed in the same orbit as a satellite, only much more effective. It directly targets the satellite. Now they will take it a bit further, trying to destroy multipe targets at once.

This scenario is not altogether sudden. War strategists in U.S always assume doomsday scenario's and write papers on them. One suggested having extra fuel on the satellite to avoid a missile just in time to avoid a missile by detecting it. Some shit huh!!!

Taiwan would be most affected by this bully move. US and Israeli defence corporations now have a chance to manufacture anti missile satellite defenses. Another cash cow for them, demand created thanks to china.

What about India? It only has weather and educational satellites and some high efficient cartographic camera's. Nothing to be afraid of... but definitely to think about.