Saturday, 18 June 2016

Politics drives everything in India

A few months ago, BJP government decided to build a bullet train between Mumbai and Ahmedabad; even though it will be a financial disaster. Reference.
Why did BJP decide to build this bullet train?
The toll roads between Mumbai and Ahmedabad are controlled by BJP's political opponent Sharad Pawar. By building this bullet train, BJP wants to undercut the huge toll collected in cash (no taxes) by Sharad Pawar and thereby weaken him.
Why build the bullet train only till Mumbai, and not Pune? There is lot of traffic between Mumbai and Pune too.
The toll road between Mumbai and Pune is controlled by a BJP politician Gadkari. BJP wants the revenue (in cash with no taxes) received by its policians to remain intact.


Why is RBI governor Rajan being forced to quit?
Rajan was appointed by Chidambaram, a Congress politician. BJP does not want, anyone close to Congress, in an important position. So Rajan has been privately indicated that he should drop out of the race on his own; since he will anyway not receive any extension.
Rajan had done a reasonably good job as RBI governor. When currencies of many countries (Russia, Brazil, etc) were falling; Rajan's high interest rates ensured that Indian rupee was strong.
In India, performance does not dictate government decision; it is whom you know; with what political party are you associated with.


Tuesday, 17 May 2016

Hyperinflation or Debt default

The world economy has two options, ONLY TWO i.e.

  1. Hyperinflation or
  2. Default on debt.

Hyperinflation: World banks will keep dropping interest rates. In many coutries, interest rates will be near zero. Inflation will be high. People will spend currency as soon as possible, because the value of currency will fall fast. People holding cash, bonds, fixed deposits, etc will lose. Wealth will be transferred to people invested in real estate, stocks, gold, silver and other physical assets.

Default on Debt: Interest will rise dramatically. There will a worldwide depresstion. Stocks will fall. Currency invested in bods, fixed deposits, etc will be lost. Real estate will fall. People holding their wealth in stocks, real estate, fixed deposits, etc will lose. Wealth will be transferred to people holding cash in their hands, gold, silver, etc.

US, Canada, China India, etc and most countries, are currently on the path of hyperinflation; because interest rates have been falling. Should any country start raising interest rates, then it is on the path of Default of debt.


Wednesday, 6 April 2016

State of Indian economy

Here is what I expect in coming months?

There will be a deflation (falling prices) in areas of high debt and stocks i.e. stocks will fall; real-estate will fall in its effective price (i.e. price rises, if any, will be lesser than inflation rate).
The Indian government will continue reduce interest rates i.e. create more currency. This will cause inflation especially in essential goods and services.

So, to summarize, India (like many other countries) will have stagflation (slow growth with high inflation).

Monday, 28 March 2016

Emotional blindness

Being "Emotionally blind" means that you are unable to understand what other people are feeling. For instance, suppose you are talking about chemistry, a subject matter you are passionate about, to some of your friends. Suppose your friends are actually not interested in what you are saying, but you don't notice it. You cannot see that they are feeling bored of your monologue.

How is emotional blindness created?

  1. A newborn child is always innocent. Some religions blame a new born child by theories like re-incarnation or rebirth; but these theories have not yet been proven scientifically.
  2. Each child needs care, protection, security, warmth, skin contact, touching, caressing, tenderness, etc.
  3. These needs of the child are seldom sufficiently fulfilled; most adults exploit the needs of the child for they own ends. This child abuse has lifelong effects. Society takes the side of the adult and blames the child for what has been done to him/her. The victimization of the child has historically been denied and is still being denied today. This denial has made it possible for society to ignore the devastating effects of the victimization of the child for such a a long time.
  4. The child, when betrayed by his/her protectors and society, has no choice but to repress the trauma and to idealize the abuser. Repression leads to mental disorders like neuroses, psychoses, psychosomatic disorders and delinquency. In neuroses, the child's needs are repressed and/or denied; instead feelings of guilt are experienced. In psychoses, the mistreatment is transformed into a disguised illusory version. IN psychosomatic disorders, the pain of mistreatment is felt but the actual origins are concealed. Ub delinquency, the confusion, seduction and mistreatment of childhood are acted out again and again.
  5. A therapeutic recovery can be successful only if it is based on uncovering the truth about the patient's childhood, instead of denying that reality.
  6. The psychoanalytic theory of "infantile sexuality" is wrong. It actually protects the parent and reinforces society's blindness.
  7. Fantasies always serve to conceal or minimize unbearable childhood reality for the sake of child's survival; therefore the so-called invented trauma is a less harmful version of the real, repressed one. The fantasies, expressed in literature, art, fairy tales and dreams; often unconsciously convey early childhood experiences in a symbolic way. This symbolic testimony is tolerated in our culture thanks to society's chronic ignorance of the truth concerning childhood. If the import of these fantasies were understood, they would be rejected.
  8. A past crime cannot be undone by our understanding of the perpetrator's blindness and unfulfilled needs. New crimes, however, can be prevented, if the victims begin to see and be aware of what has been done to them.
  9. Therefore, the reports of victims will be able to bring about more awareness, consciousness and sense of responsibility in society at large.

For more information, see works of Alice Miller.


Sunday, 27 March 2016

Schizophrenia is curable, but not with drugs.

Schizophrenia is a mental problem. Common symptoms include false beliefs, unclear thinking, hearing voices, reduced social engagement and lack of motivation.

Schizophrenia is curable, but it not curable with drugs. Unfortunately, most psychiatrists give drugs to patients; making the problem worst. Schizophrenia is curable with therapy and counseling.

Schizophrenia is wide-spread. Many people suffer from the disease silently, when they don't have to. A documentary "Take these broken wings" explores this problem and recommends solutions. The documentary, of duration 1 hour 15 minutes, can be viewed here.

If you know anyone suffering from Schizophrenia, please pass them this documentary.


Saturday, 26 March 2016

Future-proof mobile for networks in India

In mobile network, India uses following bands

 2G: 900MHz, 1800Hz
 3G: 2100MHz
 4G: 850MHz(Band 5), 1800MHz(Band 3), 2300MHz(Band 40)
 In Future following 4G bands will be auctioned:
    700MHz(band 28), 800MHz(Band 20), 2500MHz(Band 41)

To see a list of phones, sorted by price from high to low, that support all current and future bands in India see http://goo.gl/GFre9S

If you purchase one of these phones, you are assured of future compatibility for next few years.


Tuesday, 22 March 2016

Why BJP will lose in coming state elections?

Four states will go for elections during the next couple of months. I think BJP will lose in almost all of them for the following reasons.

  • Excise duty on gold has caused jewelers to go on strike. This is inconvenience to millions.
  • Inflation remains high. Even though the price of oil has reduced dramatically, BJP has raised the taxes on oil in India to avoid passing all the benefits to public.
  • Budget did not lower taxes. BJP came to power on the agenda of better days, but it released a socialist budget that burdens the middle class.
  • Even though, inflation remains high; BJP government continues to lower interest rates.