Tuesday, October 27, 2015

China's 135 to make the world FLY

Media seems to have forgotten all about Greece and China, the two nations that rocked the economic world earlier this year. The US Fed may have stirred the debt markets a bit, but the world in general seems to be engrossed with Europe's refugee crisis.

I applied for a visa to one of the Schengen nations, and thought that it may be easier to slip in as one of the boat people rather than comply with some inane requirements prescribed by the consular departments of any of these countries. Yes, there is real hardship and risk to life involved, but once in, can be sure of remaining there permanently. I can't understand why there is no 10+ year Schengen visit visa for qualified Indians who have no desire of visiting Europe for any reason other than a holiday and spending hard earned money to boost the Euro economy? Anyway, the Chinese are more welcoming of Indians now, and with the devaluation of the Chinese currency, may as well holiday there. 

Incidentally, the Chinese are rocking the world again with a song celebrating the release of its 13th 5 year development plan (2016 - 2020). The song promises that the plan will be bigger and better than any in the past. It's a plan that will give new improved better than before wings to the Chinese dragon (growth story) to fly and with it the whole world.  But, the western (developed) world is not so convinced. China has spent a huge some of money to stabilize its stock market. It is spending more money by way of rate cuts to keep its real estate market afloat. Each week there is a new story on Chinese ghost towns, empty malls and office buildings. The real economy is close to 5% whereas the authorities have shown it just below 7%. Punters in the form of global analyst have pegged the economy to hover between a low of 2% and a high of 5% for the next few years before the dragon recovers from its illness. Hey! The west grows at 2% or lower and yet it is China that is being called slow.

Here lies the major problem. China virtually own the US and is the world's second largest economy. If its 135 plan won't make it fly then the world will be left to FRY. 

Let's get ready to really rock again to the Chinese economic song, one way or another - it's going to get us. 

Here is a must read:

China's economy is in trouble. How bad is it?

china gdp growth slow

Monday, October 26, 2015

Oh God! You Devil

Ravan Exploring The Good Side of RavanaDushera, the Hindu festival passed us on 22nd October. Depending on which part of the Country one hails from or rather the community, two events in Hindu mythology, namely; the slaying of a demon by Goddess Durga and the defeat and the death of demon king Ravana of Lanka at the hands of God incarnate Lord King Rama of Ayodhya, are celebrated on this day as a sign of the triumph of good over evil.

Image credit : http://www.icytales.com/the-good-side-of-ravana/

What I have found notable these last few years, has been the number of articles that I have read in defense of Ravana. The modern interpretation of Ravana by quite a few makes him out to be the martyred and principled villain and Rama the victorious but flawed hero. Even Amish Tripathi’s new book the Scion of Ikshvaku, essentially an interpretation of the worshipped Valmiki Ramayan paints the demon king as a dark but principled character, as also his brother and sons who stood by him. On the other hand, Ravana’s brother Vibeeshan, the one who betrayed him to Rama is now being seen as a negative and selfish person who put his own interest before that of his family and nation.

As children the original tale inspired us, but my generation remained unquestioning of the embedded morality. Today however, people are ready to put higher morality to test, be it the mythical Gods. It is not just a Hindu phenomenon but something that is happening worldwide.  The fear of even being put to death by fanatical fundamentalist followers is not deterring the brave to question the age old interpretation of the holy texts by the guardians of various religions to control those within their flock.  

Are people right or wrong in humanizing the revered and judging them? I don’t know and I don’t really care. What does concern me as a human with reason is the growing frustration of people with the institutions of control which include both politics and worship. It is not that people around the world have become less Godly. In fact, there is an increased interest in spirituality even with the young; including those who prescribe to radical and blind acceptance.

Then what is right? Was there ever a right? My own interpretation is that there is a war playing out between who have made whatever they believe in right through the use of might and those who feel that the so called teachings that may have been right in the past may not hold good for the current times. World over, sentiments hurt, human blood and life shed for depicting or interpretation of prophets and Gods in some form of art, including words and comic book caricatures.  Even worse; the attempt to prove superiority of one form of God system over another.  I wonder if hurting or killing in any God’s name will earn a person a place in some mythical paradise? Here we are, in the name of God, at war with one another, ready to destroy the one real paradise he gave us called earth.  

We have so many common and bigger problems to solve as humanity – economic, environmental, hunger and disease, political suppression and many such others which don’t strike mankind because of any form of religious beliefs including atheism.  This is not a preach blog, but my personal inconvenient truth, where the difference between what is really the good of God and the evil of Devil gets more and more blurry.





The Unsung Hero- Ravana


Exploring The Good Side of Ravana

By  -
September 14, 2015

This came to me on whatsapp:
Dear Ravana.....Every year, on this day, we celebrate the victory of good over evil....But..technically....your behaviour should be re-classified from "Evil" to "Slightly Naughty". After all, tumne kiya hi kya thha? I agree you kidnapped a lady in haste... But.. after that...you gave her more respect we normally give to women in today's world. You offered her good food...shelter...and even women security guards (not too good looking though). Your request for marriage was full of humility..and you never threw acids when rejected. Even when Lord Rama killed you.... you were wise enough to seek his apologies. And...I believe you were more educated than half of our Parliament. Trust me dude...there ain't no any hard feelings to burn you... just that it's the In-Thing. Respect !!

 Oct 26 2015 : The Times of India (Mumbai)
Sagarika Ghose

In the time of Ram Lilas, effigies that don't burn easily
In the time of Ram Lilas, we burnt the effigy of Ravan. These days though villainy reigns on the front page and on prime time news and heroic feats are pushed to the back page. Ravan may have been decisively burnt, but there are many Ravans whose effigies refuse to burn too easily.
Top of the list is Dawood Ibrahim. India's most wanted is the main prime time villain. Pakistan may deny his whereabouts but when your daughter is married to the son of one of Pakistan's most famous cricketers, then surely Me and Dad and many others (except perhaps the ISI) know exactly where he is.
Hafiz Saeed: Another villain from across the border. Cleric to some, terrorist to others, Saeed runs an organisation whose office addresses always begin with AK 47. There can be nothing holy about the Lashkar.
Maoists: Mamata Banerjee walks out on them in a TV show, Arundhati Roy walks with them and the BJP government thinks they are disguised as FTII students. They are extremists for some, freedom fighters for others. In fact, Maoists are as enigmatic as Ravan. Was he a villain or wasn't he?
Chota Rajan: Just to prove that dons have no religion, Bal Thacke ray once famously said, `If they have Dawood, we have Chota Rajan'.
Now that's not a chota statement to make but when you are the Shiv Sena supremo, you can get away by creating your own hierarchy of villains.
Mohammad Shahabuddin: Four time MP from Siwan, confirming that crime does pay when it comes to netagiri. Now in jail, he spends more time in hospital than behind prison gates. Is this a case of sickness in the body politic?
Veerappan: Perhaps the most celebrated moustache in recent times. He knew how to separate the wood from the trees and elephants from their tusks. Lalu's Bihar was no patch on Veerappan style jungle raj.
Corruption: This Ravan refuses to die. Many avatars of Durga have tried to burn him, but he continues to wage war, regularly turning out to be victorious.He is a rakshasa who unlike the mythical Shiv-bhakt Ravan, worships no one except the odd telecom Raja.
Of course for many , Ravan is also a hero, the Dravidian counter to the “Aryan“ Rama. Ravan was the Brahmin pundit who many believe was a good king. No wonder the lines between heroes and villains are blurred because when you have 10 heads, good and evil both make headway together.
http://epaperbeta.timesofindia.com/NasData/PUBLICATIONS/THETIMESOFINDIA/MUMBAI/2015/10/26/Photographs/018/26_10_2015_018_021_006.jpg