Mahant!

The credit boom in India is hard to miss. Everybody is borrowing. Banks are borrowing, because the customers are borrowing. And there is not end to this trend in sight. Interestingly, against the basic teachings of economics, the interest rates are also rising. Conundrum is how they call it. So, I thought of sitting back and asking few basic questions. Borrowers borrow money because (and when) they need it most. Or when they think they have a good advantage by borrowing money. Like tax advantages for instance. Another important reason to borrow is when you can use the funds more effectively and produce a return much more than cost of borrowing. So, to see the last statement more closely 1. Let us assume the case of Mr. A. He thinks he can borrow the money from his agents (sometimes banks, markets, investors etc) for X% and produce a return of X+Y%. That means of the returns of X+Y% that he is able to produce, he is willing to part with X% of reward to his creditors; this modus-operandi...

http://www4.asq.org/blogs/sarbanes-oxley/ http://weblog.gartner.com/weblog/index.php?blogid=11 http://www.coyoteblog.com/coyote_blog/2005/07/physics_wealth_.html http://www.insidesarbanesoxley.com/

“Out of raging convoluted markets and geopolitical events comes the seed of legendary returns.” Some good reads Money Wizards The secrets of the Federal Reserve The creature of Jekyll Island

"The universe is too complex and too fascinating to fit everything intoneatly described categories" There is something very beautiful about the quote. Just great!!

This is an excerpt from Kitco Silver is a perfect hedge, because, when things go wrong economically – when there’s a crisis – the price of silver goes bananas. Why? Because of the silver to gold ratio. Historically the price of gold has been around 16 times the price of silver. So, for example, based on the long-term historical average ratio, with the price of gold around $650, the price of silver should be around $40. It’s not, of course. It’s around $12.50 Today then, the silver ratio is more like 50. What explains the difference between hundreds of years of history and today? Simple – demand for silver as money. During periods of history when silver has been used as a currency, it has almost always been valued ~ 1/16th the price of gold. When silver has been “demonetized,” supplies soar as people sell silver for gold and currency. On the other hand, during periods of monetary crisis, the price of silver tends to increase far more than the price of gold as demand for silver is once a...

PTI August 12, 2006 Software icon N R Narayana Murthy, who has often termed Infosys a shining example of economic reforms initiated in 1991, said economic liberalisation has not touched the poor and makes no sense unless it addressed their basic needs. "I keep telling my colleague Nandan (Nilekani, CEO of Infosys) that it's funny in this country that we can buy whatever...BMWs...We can have 800 channels on TV...all of that," the chairman and chief mentor of Infosys said. "But the real progress in India has not taken place simply because the reforms have not touched the poor people," he said "Unless you address the basic needs of the poorest of the poor, which are decent primary and secondary education, decent health care and decent nutrition...all of this (reforms) makes no sense". Murthy, one of the most admired business leaders of the country, sought to find fault with authorities for not delicensing primary and secondary education in the country. ...

In this following article critic, analyst and experts are all used interchangeable and for good reason. It applies to all even though only some area of interest may be highlighted As soon Seek roses in December--ice in June, Hope, constancy in wind, or corn in chaff; Believe a woman or an epitaph, Or any other thing that's false, before You trust in critics. - Lord Byron You have a dream. You have a vision. You see the stars. You are excited. Your heart beats faster. You work harder. You sacrifice. You have started enjoying live. It is all so purposeful now. Then comes an armchair analyst who says it can’t be down. Like a wild buffalo gone mad in china shop, things lie shattered. And slowly like a proud lion which failed its 100th attempt to escape we go back to become a dead meat. A dead spirit. How can you question these experts? Usually these are the guys with PhDs and all unpronounceable degrees. They are the ones with sky-high designations. They are quoted authorities in every...