Illegal Bangladeshi Imigrants

The Illegal Bangladeshi Immigrants is real threat to Indian Sovereignty. These illegal imigrants have changed the demographics of many of our border districts in Assam and West Bengal. In some districts their pupulation is large enough that they decide the winning candidate in many parliment constituentcies.

Its a shame that 'only BJP' is lonely raising this issue with out any real support from other political parties. I felt its really important to preserve the extract that i found in one of the emails that i received recently.
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If You Cross The North Korean Border Illegally You Get 12 Years Hard Labor.
If You Cross The Iranian Border Illegally You Are Detained Indefinitely.
If You Cross The Afghan Border Illegally, You Get Shot.
If You Cross The Saudi Arabian Border Illegally You Will Be Jailed.
If You Cross The Chinese Border Illegally You May Never Be Heard From Again.
If You Cross The Venezuelan Border Illegally You Will Be Branded A Spy And Your Fate Will Be Sealed.
If You Cross The Cuban Border Illegally You Will Be Thrown Into Political Prison To Rot.
If You Enter Britain Illegally You Will Arrested, Prosecuted And Send To Prison And Deported.
If You Illegally Cross The Indian Border
You Get A, Ration Card, Voter Identification,
Passport, Haj Subsidy, A Drivers License,
Identity Card, Job Reservation, Special Privileges,
Credit Cards, Subsidized Rent Or A Loan To Buy A House,
Free Education, Free Health Care, A Lobbyist In New Delhi And Voting Rights.
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Wake up India, Wake up.

Are the rich countries really rich?

Are the rich nations really rich?
Couple of days ago, I came across a presentation in CNBC website on the worlds most inbebted nations. The summary statistics is as follows:

15. United States
External debt (as % of GDP): 95.09%
External debt per capita: $44,358
Gross external debt: $13.627 trillion (2008 Q3)
2008 GDP: $14.330 trillion

14. Norway :
External debt (as % of GDP): 114%
External debt per capita: $118,353
Gross external debt: $551.59 billion
2008 GDP: $481.1 billion

13. Finland :
External debt (as % of GDP): 116%
External debt per capita: $62,579
Gross external debt: $328.56 billion (Q4 2008)
2008 GDP: $281.2 billion

12. Sweden :
External debt (as % of GDP): 129%
External debt per capita: $73,245
Gross external debt: $663.58 billion (Q4 2008)*
*Data from Riksbank

T-10. Spain:
External debt (as % of GDP): 137.5%
External debt per capita: $57,091
Gross external debt: $2.313 trillion (Q4 2008)
2008 GDP: $1.683 trillion

T-10. Spain:
External debt (as % of GDP): 137.5%
External debt per capita: $57,091
Gross external debt: $2.313 trillion (Q4 2008)
2008 GDP: $1.683 trillion

9. Denmark:
External debt (as % of GDP): 159%
External debt per capita: $107,026
Gross external debt: $588.7 billion (Q3 2008)
2008 GDP: $369.6 billion

8. France:
External debt (as % of GDP): 168%
External debt per capita: $78,070
Gross external debt: $5.001 trillion
2008 GDP: $2.978 trillion

7. Austria
External debt (as % of GDP): 191%
External debt per capita: $100,787
Gross external debt: $827.49 billion (Q4 2008)
2008 GDP: $432.4 billion

6. Switzerland:
External debt (as % of GDP): 264%
External debt per capita: $171,478
Gross external debt: $1.304 trillion (Q4 2008)
2008 GDP: $492.6 billion

5. Netherlands
External debt (as % of GDP): 268%
External debt per capita: $145,959
Gross external debt: $2.439 trillion (Q4 2008)
2008 GDP: $909.5 billion

4. Hong Kong
External debt (as % of GDP): 295%
External debt per capita: $93,539
Gross external debt: $659.93 billion (Q4 2008)
2008 GDP: $223.8 billion

3. Belgium
External Debt (as % of GDP): 327%
External debt per capita: $155,362
Gross External Debt: $1.618 trillion (Q4 2008)
2008 GDP: $495.4 billion

2. United Kingdom
External debt (as % of GDP): 336%
External debt per capita: $153,616
Gross external debt: $9.388 trillion (Q4 2008)
2008 GDP: $2.787 trillion

1. Ireland
External debt (as % of GDP): 811%
External debt per capita: $549,819
Gross external debt: $2.311 trillion (Q4 2008)
2008 GDP: $285 billion

I used to wonder how the U.S would come out of its huge debt. The above statistics changed that perception. U.S has a huge debt but the greater risk is in Europe.

My worry now is all these 'spending maniacs' need cash badly. Dear Indians & Chinese please safe guard your valuble savings, from ending up as 'investments' of these countries.

Book Review: Rich Dad Poor Dad

I came across this book in accidentally in the local library. I took it since it was recommended by one of my fr long time ago.

Even though many of the concepts like 'tax advantage of a corporation', real estate forclosure investment are already familier to me, I am certainly delighted with the ease of explanation and presentation.

Here are some of the 'simple' definitions will i will be remember for a while,
Asset: Puts money in your pocket.
Liability: Takes money from your pockets.

I did not even imagine cash flow statement and balance sheets can be easily demonstrated with
some simple diagrams. Its a must-read for anyone who wants to take to start a business and especially if its will be in the investment domain.

Response to Article by Philip Stevans

This Article is a reponse to the Article by Philip Stephens in Financial Times dated 19th March 2009.
( http://www.ft.com/cms/s/0/92dbb440-14bc-11de-8cd1-0000779fd2ac.html )

First of all thank you very much for acknowledging the change in the global political equations.

China might be hesitent to challenge the existing powers, but we (Indians) are not. Espcially with power like America thats consistently undermines the credibility of UN.

Kashmir problem does not play any role (forget about vital role) in India's relationship with Pakistan. Your idea that 'Kashmir issue resolution will result in a stable democratic government in Pakistan' is nothing more than a fantasy. 'Pakistan' just one more example of a manifestation of Islamic intolelence towards non-believers in their 'Prophet'. Let me tell in simple words. Muslims can't be democratic. I have come to this conclusion after going over the entire list of muslim countries in the world.
(Refer: http://4mythoughts.blogspot.com/2006/05/can-muslims-be-democratic.html )

I dont understand how you classify India's Interests has 'narrow'. Let me quote Henry Kissinger's words 'People have principles and countries have interests'. This is the narrowest definition of foreign policies that i have ever come across. In my humble opinion, India should act ONLY to protect its interest and stop worrying about how it will be perceived by the west.

India will not support 'elevation of basic human rights above those of states' in UN. The reason is simple. Just like many other countries, in India the 'human rights' is the proganda mechanism supporters of Islamic Extremists and communists. Those who kill unarmed civilians, with bomb blast and automatic gun shootings can't be classified as humans, just because they have human body parts. They are lowest form of animals and 'human rights' dont apply to them.

Instead of wasting their time on NPT with India, the west should infact be working on preventing the dangerous 'Nuclear Walmart' run by 'Abdul Qadeer Khan' in Pakistan.

In response to global trade, India will sit across the table and 'talk Business'. you can't expect these negotiations as if East India company is ruling India. Coming to failure of Doha round, espcially issues of agricultural trade, India is an Agrarian society and will protect that. India is blessed by nature with maximum percentage cultiviable land out of available land. We (Indians ) are already One billion & we dont have to relay on any foreign farmers to feed us. It is not only in the Indian interests but also in the world interest. Last year when India decided to import wheat, it caused a rally in the world wheat prices.

Just one closing remark, unlike the current world powers, India is not just a country. Its a civilization. Its not just another civilization, its one of the worlds oldest and still the only living civilization. It has survived continous on-slaughts over centuries. India is raising again to the glory of its ancient past. Some countries might not see this raise espcially with their distorted scales. They might see India as a 'Slumdog millianare'. But, India will raise as great leader by the virtue of 'its own strengths'. In every aspect of national life Indians are working for it.

The future of American Dollar

Is American dollar worth what it is today? Is the recent rally in the dollar justifiable? What is the near term and long term trend for the dollar? These are some of the common questions that linger around in the minds of some people today. This article is an attempt to explore the possible answers to the above questions.

Fundemental factors:
These are basically factors the develop slowly and have a long-term impact.

1. National Debt: U.S Treasury department periodically releases the report on countries holding the U.S debt. Even with a momementary glance through the report, you will find out that there are very few countries in the world to whom, U.S does not owe money.
2. Personal Debt: A statistics that i came across recently suggested that the number of outstanding credit cards in U.S is about 4 times the population of that country. I don't know the validity of the above statement but those who lived in U.S will acknowledge that the above statement is not very far from truth. The 'Credit Crunch is a classic example of the impact of personal debt. The crisis unfolded as 'some individuals' failed to make their mortgage payments in U.S. (Some people might not account 'Perosnal Debt' as a fundemental factor. But I do because a country is made up of nothing but Individual citizens. 'Personal spending' is also an Economic indicator widely followed by Wall Street.)

Technical Factors:-
These are the result price action in the relavant markets. These have a relatively shorter term impact compared to the fundemental factors.

1. Crude oil
2. Commodity consumption
3. Currency pairs impact

Political Factors:-

1. 
   

(to be continued........)


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