Ages back, Shakespeare quoted "What's in a name?" ... This quote held good for ages, but now I think this needs little refinment. I think if Shakespeare would have been in today's world, he must have said.. "There's lot in sirname" ... Yes, I mean it.. there's really a lot in sirname (second name).. If ur trying to lift ur sword by now to resist to my statement, hold urself back for a while.
I would ask you to look around you!! The most popular TV show last week was "Rahul ka swanvar". For all of you who have not seen even a single eposiode of this depict .. It's a show where 15 grogeous, intelligent, telented, charming and lovely girls (age between 20 to 32) are trying to lucre (rather seduce) Rahul Mahajan for marriage !!!
He is the same Rahul mahajan who has been booked by cops in Aug, 2006 for drug possession and criminal conspiracy, who already had a failed marriage (Wife alleging him as a wife beater) and who had been doing on-screen f**king with Payal rohtangi & many others on famous show Big boss (& probably lot more off-screen).
Now, why he's recieving all the media attention and also good girls.. Answer is his sirname.. "Mahajan". Now, imagine the same Rahul being a normal human being (just like me and you), & involved in all this crap shit, he's currently involved in. Do u think there could be any normal girl getting married to him ??!!& look now, how preety & charming girls are drooling over him to get his attention & ready to marry him. Nothing like this would have been possible if he wouldn't have been born to late Pramod Mahajan & got the sirname "Mahajan".
Take another U-turn & look at Abhishek (Bachhan).. We all know that when he got into movies, he was nothing but a useless shit. But one thing he was carrying with him was being Amithab bachan's kin. Though Abhishesk was never involved in any bad things (opposite to Rahul) but yet, Do we seriously think he should have ever got a Hindi movie to act as hero and a wife like Aishwarya (I was so jealous when I heard dat Aish is tying knot with Abhishek. Pathetic choice Aish)..
But this post is not about Abhishek Bachan and Rahul Mahajan. Dis post is a genuine effort to find out if any ordinary person (born to an extra- ordinary parents) have to face equal challenge to prove himself as someone with an extra-ordinary person (born to an ordinary parents) will face. I don't think so. Everyone who's born with a silver spoon in his/her mouth, gets an upper edge automatically. Biggest benifit for them is that opportunities wait for them to be explored. However in case of a commom man, the first struggle is to find out the opportunities to prove themselves & then making the best out of those opportunities. And one failure and you are out of the game. This is not something which today's society has delievered. Its been there as-is since ages. Kingdoms used to be ruled by a King & then by his son & then his son & so on. There never used to be any opportunity for anyone else to grab.
Althoug this scenario has changed a lot in today's world. One one hand when we see Rahul mahajan, there on the other hand we see Shahrukh Khan, Sachin Tendulkar who have made things by their own. They didn't have a sirname to help them. So, there will always be a vista. But, one thing I am quite sure about is, "There's lot in sirname".. :))
P.S. I am not using word All. I am using lot :)) .. So there's still a chance for a common man to prove himself !!
Monday, February 22, 2010
Wednesday, February 17, 2010
Saving is sin, and spending is virtue...
An interesting article on USA's Spending, written by an Indian Economist:
Japanese save a lot. They do not spend much. Also Japan exports far morethan it imports. Has an annual trade surplus of over $100 billions. YetJapanese economy is considered weak, even collapsing.Americans spend, save little. Also US imports more than it exports. Has anannual trade deficit of over $400 billion. Yet, the American economy isconsidered strong and trusted to get stronger.
But where from do Americans get money to spend?
They borrow from Japan, China and even India. Virtually others save forthe US to spend. Global savings are mostly invested in US, in dollars.India itself keeps its foreign currency assets of over $50 billions in USsecurities. China has sunk over $160 billion in US securities. Japan'sstakes in US securities is in trillions.Result:The US has taken over $5 trillion from the world. So, as the world savesfor the US, Americans spend freely. Today, to keep the US consumptiongoing, that is for the US economy to work, other countries have to remit$180 billion every quarter, which is $2 billion a day, to the US!Otherwise the US economy would go for a six. So will the global economy.The result will be no different if US consumers begin consuming less.A Chinese economist asked a neat question.
Who has invested more, US inChina, or China in US?
The US has invested in China less than half of whatChina has invested in US. The same is the case with India. We haveinvested in US over $50 billion. But the US has invested less than $20billion in India.
Why the world is after US?
The secret lies in the American spending, that they hardly save. In fact they use their credit cards to spend their future income. That the US spends is what makes it attractive to export to the US. So US imports morethan what it exports year after year.The result:The world is dependent on US consumption for its growth. By its deepeningculture of consumption, the US has habituated the world to feed on USconsumption. But as the US needs money to finance its consumption, theworld provides the money. It's like a shopkeeper providing the money to acustomer so that the customer keeps buying from the shop. If the customerwill not buy, the shop won't have business, unless the shopkeeper fundshim. The US is like the lucky customer. And the world is like the helplessshopkeeper financier.
Who is America's biggest shopkeeper financier?
Japan of course. Yet it'sJapan which is regarded as weak. Modern economists complain that Japanesedo not spend, so they do not grow. To force the Japanese to spend, theJapanese government exerted it self, reduced the savings rates, evencharged the savers. Even then the Japanese did not spend (habits don'tchange, even with taxes, do they?). Their traditional postal savings aloneis over$1.2 trillions, about three times the Indian GDP. Thus, savings,far from being the strength of Japan, has become its pain.
Hence, what is the lesson?
That is, a nation cannot grow unless the people spend, not save. Not justspend, but borrow and spend. Dr. Jagdish Bhagwati, the famous Indian-borneconomist in the US, told Manmohan Singh that Indians wastefully save. Askthem to spend, on imported cars and, seriously, even on cosmetics! This will put India on a growth curve.
"Saving is sin, and spending is virtue."Before you follow this neo economics, get some fools to save so that you can borrow from them and spend. :))
Japanese save a lot. They do not spend much. Also Japan exports far morethan it imports. Has an annual trade surplus of over $100 billions. YetJapanese economy is considered weak, even collapsing.Americans spend, save little. Also US imports more than it exports. Has anannual trade deficit of over $400 billion. Yet, the American economy isconsidered strong and trusted to get stronger.
But where from do Americans get money to spend?
They borrow from Japan, China and even India. Virtually others save forthe US to spend. Global savings are mostly invested in US, in dollars.India itself keeps its foreign currency assets of over $50 billions in USsecurities. China has sunk over $160 billion in US securities. Japan'sstakes in US securities is in trillions.Result:The US has taken over $5 trillion from the world. So, as the world savesfor the US, Americans spend freely. Today, to keep the US consumptiongoing, that is for the US economy to work, other countries have to remit$180 billion every quarter, which is $2 billion a day, to the US!Otherwise the US economy would go for a six. So will the global economy.The result will be no different if US consumers begin consuming less.A Chinese economist asked a neat question.
Who has invested more, US inChina, or China in US?
The US has invested in China less than half of whatChina has invested in US. The same is the case with India. We haveinvested in US over $50 billion. But the US has invested less than $20billion in India.
Why the world is after US?
The secret lies in the American spending, that they hardly save. In fact they use their credit cards to spend their future income. That the US spends is what makes it attractive to export to the US. So US imports morethan what it exports year after year.The result:The world is dependent on US consumption for its growth. By its deepeningculture of consumption, the US has habituated the world to feed on USconsumption. But as the US needs money to finance its consumption, theworld provides the money. It's like a shopkeeper providing the money to acustomer so that the customer keeps buying from the shop. If the customerwill not buy, the shop won't have business, unless the shopkeeper fundshim. The US is like the lucky customer. And the world is like the helplessshopkeeper financier.
Who is America's biggest shopkeeper financier?
Japan of course. Yet it'sJapan which is regarded as weak. Modern economists complain that Japanesedo not spend, so they do not grow. To force the Japanese to spend, theJapanese government exerted it self, reduced the savings rates, evencharged the savers. Even then the Japanese did not spend (habits don'tchange, even with taxes, do they?). Their traditional postal savings aloneis over$1.2 trillions, about three times the Indian GDP. Thus, savings,far from being the strength of Japan, has become its pain.
Hence, what is the lesson?
That is, a nation cannot grow unless the people spend, not save. Not justspend, but borrow and spend. Dr. Jagdish Bhagwati, the famous Indian-borneconomist in the US, told Manmohan Singh that Indians wastefully save. Askthem to spend, on imported cars and, seriously, even on cosmetics! This will put India on a growth curve.
"Saving is sin, and spending is virtue."Before you follow this neo economics, get some fools to save so that you can borrow from them and spend. :))
Subscribe to:
Posts (Atom)
