Looks like we have still not been able to reach the root of the market melt down. I have few questions that are still unanswered.
Q1 How is it possible that these fallen financial institutions did not have internal periodic escalations of deviations and outage
Q1A How is it possible that the precursors to bankruptcy was not tracked for last 52 weeks?
Q2 How is it possible that there were NO circuit breakers in transactions?
Q3 Did all these companies fail simultaneously in the periodic audits?
Q4 Did the audit agencies deviated too?
Q5 Who was tracking the quarterly results and were the share holders kept in dark?
Q6 Isn’t the federal government informed in advance of the financial slippage?
Q7 Who has gained most from the melt down?
Q8 Who will gain most from the recovery and bailout?
Many more …..I believe this melt down is deliberate. If not, then American economy has ended up as single largest casino bet in history.
Showing posts with label Economics. Show all posts
Showing posts with label Economics. Show all posts
Tuesday, September 23, 2008
Monday, December 25, 2006
India - Enjoying the Lottery !
9% growth is going to be tough for India to handle. Only the private sector growth based on foreign investment and foreign customers is booming.
What will happen to basic infrastructure to survive, is a big question mark?
Roads, Water, Electricity, Security, Law and Order, Quality of Primary Education and Higher Education and other basic sectors has reached its sustainable limits.
Is it that India has consumed what-ever it has grown in last 50 years?
Much is said about the numbers in balance sheet and statistics. But who is qualifying the QUALITY of the line items?
There are few companies that boast of abnormal % of growth p.a. But is the growth, due to India's ability to generate growth or India's ability to meet foreign demand?
Till when will the demand last? Thereafter does the India, have the potential to innovate, create demand, survive and lead?
Many have said that, this is a NON-ISSUE for the moment. Yes, so growth is momentary for another 5 years. It looks like a Lottery !
A temporary celebration.....
To survive beyond, there is a need for a vision for independent growth not dependent on demand from west. The self-sustainable model needs to be defined and DEFINED NOW !
What will happen to basic infrastructure to survive, is a big question mark?
Roads, Water, Electricity, Security, Law and Order, Quality of Primary Education and Higher Education and other basic sectors has reached its sustainable limits.
Is it that India has consumed what-ever it has grown in last 50 years?
Much is said about the numbers in balance sheet and statistics. But who is qualifying the QUALITY of the line items?
There are few companies that boast of abnormal % of growth p.a. But is the growth, due to India's ability to generate growth or India's ability to meet foreign demand?
Till when will the demand last? Thereafter does the India, have the potential to innovate, create demand, survive and lead?
Many have said that, this is a NON-ISSUE for the moment. Yes, so growth is momentary for another 5 years. It looks like a Lottery !
A temporary celebration.....
To survive beyond, there is a need for a vision for independent growth not dependent on demand from west. The self-sustainable model needs to be defined and DEFINED NOW !
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