to all those who were not agreeing to me that rising rupee is threat to India Growth and deficit.
Read this article:
http://www.anirudhsethireport.com/falling-rupee-to-raise-burden-to-rs-70k-cr/
Tuesday, October 25, 2011
Rising rupee threat
to all those who were not agreeing to me that rising rupee is threat to India Growth and deficit.
Read this article:
http://www.anirudhsethireport.com/falling-rupee-to-raise-burden-to-rs-70k-cr/
Sunday, October 23, 2011
About GREECE & EURO CRISIS - Kalidas View
About GREECE & EURO CRISIS
===================
http://www.anilselarka.com/con
Kalidas Says … Saturday, October 22, 2011
Greece is a small potato. Greece is a very small economy. It suffered heaviest losses due to shady derivatives such as Credit Default Swaps, CDO (Collateralized Debt Obligations) etc sold by leading US Brokers such as Goldman Sachs. Otherwise there were no real troubles for Greece. Under the law, if any sub-standard product is sold as Investment grade item by any bank or investment bank, the liability can be denied as being contracted under fraud and misrepresentation and not binding on the acquirer. Greek should have flatly denied all such liability contracted under fraud and as such no obligations become enforceable. Instead, it kept mum and started insisting on “bail out”. This is the main trouble for Greece.
The epicenter of all insidious derivatives, CDS, CDO originated from United States. Their Investment Banks later sold such shady products to British banks and European banks/governments. When the trouble developed, US allowed all investment banks to transfer the liability to single bank – Lehman Brothers who just before bankruptcy transferred over $9 billions from United Kingdom in clandestine manner. The reason for failing Lehman Brothers was that once they are dead, no old issues would be re-opened.
If I were the Prime Minister of Greece, I would have flatly denied all shady obligations enforced on my country through fraud and misrepresentations. It is all American shits which is being spluttered around in UK and Europe, its largest partners. Even until now, the stupid Europeans are unable to understand what has hit them, and they go on talking about rescue instead of flatly denying all obligations under fraud. Look at Bank of America – many of Pension Funds and Insurance Companies have successful sued them for refund of their investment amount lost almost totally under fraud and misrepresentation. If they can win in their own country, how come Europeans can not win on almost similar ground?
Banks would not be nationalized in Europe or elsewhere. They respect the free market, so they do not care what happens to the banks howsoever large. European Banks overall in much stronger state than those in United States. The troubles are brewing in United States, but the smokes are rising from Europe. There is underground piping from Unites States to Europe and UK. This medium is not seen by ordinary eyes
===================
http://www.anilselarka.com/con
Kalidas Says … Saturday, October 22, 2011
Greece is a small potato. Greece is a very small economy. It suffered heaviest losses due to shady derivatives such as Credit Default Swaps, CDO (Collateralized Debt Obligations) etc sold by leading US Brokers such as Goldman Sachs. Otherwise there were no real troubles for Greece. Under the law, if any sub-standard product is sold as Investment grade item by any bank or investment bank, the liability can be denied as being contracted under fraud and misrepresentation and not binding on the acquirer. Greek should have flatly denied all such liability contracted under fraud and as such no obligations become enforceable. Instead, it kept mum and started insisting on “bail out”. This is the main trouble for Greece.
The epicenter of all insidious derivatives, CDS, CDO originated from United States. Their Investment Banks later sold such shady products to British banks and European banks/governments. When the trouble developed, US allowed all investment banks to transfer the liability to single bank – Lehman Brothers who just before bankruptcy transferred over $9 billions from United Kingdom in clandestine manner. The reason for failing Lehman Brothers was that once they are dead, no old issues would be re-opened.
If I were the Prime Minister of Greece, I would have flatly denied all shady obligations enforced on my country through fraud and misrepresentations. It is all American shits which is being spluttered around in UK and Europe, its largest partners. Even until now, the stupid Europeans are unable to understand what has hit them, and they go on talking about rescue instead of flatly denying all obligations under fraud. Look at Bank of America – many of Pension Funds and Insurance Companies have successful sued them for refund of their investment amount lost almost totally under fraud and misrepresentation. If they can win in their own country, how come Europeans can not win on almost similar ground?
Banks would not be nationalized in Europe or elsewhere. They respect the free market, so they do not care what happens to the banks howsoever large. European Banks overall in much stronger state than those in United States. The troubles are brewing in United States, but the smokes are rising from Europe. There is underground piping from Unites States to Europe and UK. This medium is not seen by ordinary eyes
About INDIAN REAL ESTATE - Kalidas View
About INDIAN REAL ESTATE
=================
http://www.anilselarka.com/con
Kalidas Says … Saturday, October 22, 2011
Property is a highly localized subject. I may not know in details about your Pune city. My fear of melt down in property market is more based on economy, income level and interest rates on mortgages.
I am so powerfully convinced about debacle in property market in general especially in big cities, that I would rather wait for 3 or 4 more months to pass before jumping in to buy major locale properties. In big cities, I do expect 30% to 45% correction in next 12 months or so, with trend emerging from late February to May. November is the starting point on the downsi
=================
http://www.anilselarka.com/con
Kalidas Says … Saturday, October 22, 2011
Property is a highly localized subject. I may not know in details about your Pune city. My fear of melt down in property market is more based on economy, income level and interest rates on mortgages.
I am so powerfully convinced about debacle in property market in general especially in big cities, that I would rather wait for 3 or 4 more months to pass before jumping in to buy major locale properties. In big cities, I do expect 30% to 45% correction in next 12 months or so, with trend emerging from late February to May. November is the starting point on the downsi
ALLOW RUPEE TO RISE NOT TO DEPRECIATE.
Will RBI Hike the interest rates in the next policy meet on Oct 25th, 2011?
It has already raised 12th times from March 2010, but Food Inflation which released last week is already in double digit around 11%.
What are the options with RBI apart from rising interest rate to bring down the inflation?
Look at the world currencies all are appreciating against dollar but INR is the only currency it is depreciating i.e. it is now at 50 INR is 1 USD.
By allowing INR to depreciate we are indirectly increasing the inflation since we import OIL a lot and it is purchased through USD so to buy same USD we have to pay more INR and if OIL rate also increases at world wide it will be double blow.
Now only PETROL prices have increased but diesel price neither increased nor de-control, imagine when DIESEL will be decontrolled and rate increased there will be cascading effect..
by raising rate we are stalling the growth, neither bringing the inflation but when will RBI understand this.
ALLOW RUPEE TO RISE NOT TO DEPRECIATE.
It has already raised 12th times from March 2010, but Food Inflation which released last week is already in double digit around 11%.
What are the options with RBI apart from rising interest rate to bring down the inflation?
Look at the world currencies all are appreciating against dollar but INR is the only currency it is depreciating i.e. it is now at 50 INR is 1 USD.
By allowing INR to depreciate we are indirectly increasing the inflation since we import OIL a lot and it is purchased through USD so to buy same USD we have to pay more INR and if OIL rate also increases at world wide it will be double blow.
Now only PETROL prices have increased but diesel price neither increased nor de-control, imagine when DIESEL will be decontrolled and rate increased there will be cascading effect..
by raising rate we are stalling the growth, neither bringing the inflation but when will RBI understand this.
ALLOW RUPEE TO RISE NOT TO DEPRECIATE.
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