meek-investor

Joseph Ratzinger has resigned. Joseph who ? you may ask. And what's in a resignation - after all somebody is resigning from something all the time.  Ah well; its not just anybody. It's Pope Benedict who resigned about a week ago. Popes rarely resign - its one of the few "jobs" for life. The last Pope to resign was Pope Gregory in 1415 to end the Western Schism - a complete mess when there were two competing claimants as Pope.   Pope Benedict stated that he was getting on in years (he is 85 after all) and that the leader of a billion catholics around the world needed "strength of body and mind".  While he cited the lack of strength of his body, I dare say his real reason was the strength of the mind.   It has been a period of great tumult for the Catholic Church. It was during his papacy that the child molestation scandals in Europe and America burst into the open. Leaked papers from the Pope's butler showed the Vatican in very poor light - messy politic...

What ?? You don't know what Gangnam Style is ? It is the K-Pop (Korean Pop) sensation that has taken the world by storm. It  is No 2 on the UK and US pop charts, watched on You Tube some 400 million times . Everybody , it seems, wants to prance like a horse . Even the West Indies team, on winning the T20 World Cup, gave an energetic rendition of Gangnam Style (note the absence of the word cricket in this sentence !). Well, if you haven't heard of the original before, you can add to the 400m+ views by watching it here - beware, you have to practice prancing like a horse while doing so. This blogger is seriously musically challenged and has no qualifications to write a music post - that being the domain of experts like Suja .  Or like another esteemed reader of this blog who runs his own radio station . Instead he shall demonstrate his "hipness" by linking economics to Gangnam Style ! HTC (a Taiwanese company) just declared its quarter's results announcing a 80% ...

A dog might prove to be the unlikeliest saviour of Formula 1, a sport that is direly in need of saving . Bravo India, for unwittingly pointing the way ahead for the sport. Today is the first ever Indian Grand Prix - held at Noida, at the Buddh circuit, just off Delhi. Why it has come up in Delhi is a mystery - the racing capital (of whatever racing there is) of India is Chennai or Coimbatore. But Delhi it is. This is the fag end of the Formula 1 season; the championship is already decided and there is very little to drive for. But then Bernie Eccleston, the boss of F1, has grasped that the future of the sport  depends on the growing audience in Asia - that's why in the last three or four years, new Grand Prixs have come up in Beijing, Singapore, Bahrain, Abu Dhabi, Istanbul (almost Asia !), Yeongam (Korea) ; to add to the more traditional Asian venues Suzuka (Japan) and Sepang (Malaysia). Now India. Formula 1 has become a bore. The results are completely predictable; superb safety ...

Even if you didn't suffer from aerophobia, there are some non trivial hazards of flying. Missing baggage for example. Or delayed or cancelled flights leaving you stranded in some god forsaken land. Some even allege deep vein thrombosis. Insomnia due to your neighbour's high affliction of stertor could be another. But even the most wildly imaginative sort could not have thought of adding "going to the loo" in that list. But it is now conclusively established that this is a real hazard. Consider the evidence. Last Sunday Frontier Airlines flight 623 from Denver to Detroit was escorted by F16 fighter jets. Why ?? Apparently two men and a women were seated in a three seater. One guy got up to go to the loo. The other guy stood up.  And the guy spent a "long time" there. That was it. F16s escorted the plane and on landing the three were handcuffed and led off to be questioned. The poor lady did nothing. She was simply sitting and yet was considered suspicious b...

Public opinion is often a cause of much entertainment. Public opinion, that is, as reflected in the comments section of a famous website. Let us say , for example, Reuters  reporting  a fairly innocuous news item as follows. You would have thought that there isn't much to comment about it. You would be wrong. Read on for this imaginary post and comments. Cuba withdraws ambassador from Libya Cuba has announced that it was withdrawing its diplomatic mission in Libya, reiterating that it does not recognise Libya's Transitional National Council. Comments (325)  Amyfalldown - First! humanist7117 - Gaddafi is a thug. He is in  cohorts with Fidel Castro. He has run away to Libya Nitinooroo - Мы работаем напрямую с импортерами парфюмерии в Россию, минуя перекупщиков. Это является гарантией реализации без наценок и каких-либо процентов. [url=http://www.voado.ru/optom/]Лицензионная парфюмерия производства ОАЭ[/url] – это имитация оригинальной селективной парфюмерии и...

Is Gils living in Angola or Mongolia ?? He isn't, but he very well could be. He is in the state of Tamil Nadu in India, but in terms of GDP he would be no different to living in Angola and in terms of per capita GDP, he would be the same as a Mongolian. This, according to a lovely chart by the Economist, which you can see here . They say a picture is worth a thousand words (something this blogger evidently doesn't believe because he regularly inflicts 1000 words on the reader, without a photo in sight). Surely a chart like this is worth 10,000 words. Brilliant, as the Economist usually is. Vishal can chose between Turkmenistan and Latvia. Sandhya can opt for Croatia or the Philippines. When she goes home, Reflections , who is now wonderfully active in the blogosphere after extensive bouts of laziness, can chose to be a Tunisian or a Papua New Guinean. Wow. All of a sudden, India doesn't seem to be that great an economic powerhouse, does it ? Each state by itself seems f...

The call had come to the village. The ship had come. It was anchored in the deep seas, some distance away. Where it was sailing to, nobody knew. Even if they knew, it would have meant little; world geography wasn't their strong point All they knew was that it was going far far away. And that the white sahib was promising work for any able bodied man or woman who was willing to sail. The terms were simple. Or at least, this is what they understood. The white sahib would feed them and house them. He wouldn't charge them for the ship journey. They were to work for about five years or so. They wouldn't be paid any wages, but they would be given food and shelter. After five years they were "free" ; could come back home (they would have to pay for the trip) or stay or whatever.  This was to be their "contract". When they landed , the white man would thrust a paper in front of them to that effect. They were to sign the contract. Of course they didn't know ...

The price of oil has been well above $ 100 a barrell for sometime now and there is every likelihood that its going to stay there. Yesterday the Indian government was forced to raise the price of petrol by Rs 5 per litre.  This blogger has railed often against the the largest transfer of wealth from the poor to the rich, from the rest of the world to the Gulf, etc etc. This Sunday, its a light hearted look at the benefits of a world without oil. Imagine the utopia it shall be. At an instant the road everywhere in the world will become oases of peace. The whole world will become slimmer,  Rajalakshmi will now have to walk, or bike and hopefully an ounce of athleticism will come to her. TV programmes such as the Biggest Loser will cease to exist - instead new programmes such as "how lazy can you be" may become the rage. Some of blots on humanity will mercifully be consigned to oblivion. Like Heathrow, or O'Hare. And imagine  a world without Air India - sheer bliss. And...

Today's post is a guest post I made in Preeti's blog. Preeti is a famous blogger, writer of two books, artist and a very nice and warm person. She was very kind to invite me to write a piece in her blog and who can resist the ask of a pretty and intelligent lady ! The post is here .

All bureaucrats are the same, but some are better than the others ! Each nation is blessed with a liberal sprinkling of "homo sapiens pointless bureaucracy-ensis". But the ancient land of India is surely the world leader in this matter. Meet Ramamritham - the quintessential member of this species. Readers of this blog will know of my partiality to caricaturing a typical member of a group by a name. The Indian female has featured here so often that her name is now acquiring legendary proportions (pun intended). Having been accused of gender bias, I shall now strive to correct it with describing the masculine equivalent. India abounds in Ramamrithams. Typically he comes from the state of Tamil Nadu or West Bengal - these two cultures seem to have a huge affinity for inhabiting the corridors of babudom. He takes great pleasure in designing the most elaborate and pointless of procedures. He squeals with orgasmic delight when he has the opportunity to add one more procedural step...

It took us 74 minutes two weeks ago to enter the airport. It is now time to experience the blissful experience of actually being in. Lets concretise the experience. Imagining you are taking an international flight out of Chennai airport, arguably the worst airport in the land. You may recall that the last step before being allowed entry into the hallowed portal is a painful check of your ticket and papers by an uniformed worthy. Immediately after you enter, within 10 yards, the same process repeats itself as you enter a fenced off area - another queue, another check. You then proceed to yet another queue - this time to screen your baggage through an Xray machine . Not even in Timbuktu airport in Mali, which is essentially a cowshed, does this process take place. Huge queue. People on overloaded trolleys banging you from the back. Since Indians have a general disdain for queues, seven sub queues form which ultimately merge into one chaotic rugby scrum . And unique Chennai practice dict...

Beijing, everybody knows. Shanghai, is equally well known. But most people's knowledge of China stops right there. The more enterprising will know of Shenzhen. But then , that's about it. The rest of China remains a mystery to many who have not ventured in that direction. Well, its now Guangzhou's turn to be in the spotlight (pronounce the zh, like a j). The Asian Games start in Guangzhou on Friday, the 12th. It was my home city, until recently, and so, if I may, I will dress up the long suffering bridesmaid, as the bride that she will be for the next two weeks. You may know Guangzhou better as Canton. The province in which Guangzhou is situated is called Guangdong which the British , long ago, transliterated to Canton. Confusingly, they ascribed the name to the city, not the province. But, even in Guangdong, the bride is often, the brash noveau riche, Shenzhen. Even in her backyard, Guangzhou remains a bridesmaid. But for most of China's history, when the culture tur...

Hooray, Hooray, It’s a holi holiday – if you were a gawking teenager in the 70s, you would have probably tapped your feet in rhythm to Boney M. If you are a toddler, teenager, 20,30,40,50 something or a laorenjia (old old man), in China, you would instead be singing Oh My God; it’s a holiday and run for cover ! This week is “National Holiday” in China. Oct 1 is the National Day in China – some 61 years ago Mao Zedong declared the People’s Republic as formed. Never mind that China was “founded” long long ago in the mists of time – Chinese history begins with whenever the current ruling dynasty started – that’s the way it has been for all those centuries. This is not a post on Chinese history. Instead it is a rant against the crazy Chinese concept of National Holidays. This whole week , a full seven days, is a holiday. All offices are shut. Banks are shut. You cannot transfer money from one bank to another. You can do nothing, especially if it involves the government. And since everythi...

You may have heard of the 100 km traffic jam in Beijing where traffic moved at 1 km a day - that's right a day; not an hour. This post is a learned treatise on handling exactly such a situation. There's no point cursing or wailing. It won't get you any further than 1 km a day. No point abandoning your automobile to come and get it another time - whenever you get it you still can only do 1km a day. You have to turn to India for advice; for Indians love to spend half their waking lives absolutely stationary on the road. The first thing you need to do is to climb your car over the divider (yes, that's possible) and drive at 100 kmph on the opposite side of the road. Since you can absolutely rely on 5000 other people doing the same, you will progress 1 km and then come to a screeching halt. You can also  confidently rely on the fact that people stuck in the opposite direction would have also done the same and therefore the street now has the proper order of two armies faci...

Once upon a time, long long ago, before gils was born, there was a time when there was only a single TV channel in India. Of course , it was government controlled - Doordarshan was the only channel and those who want to experience that torture can tune in to CCTV today. The powers that be in Doordarshan decreed that prime time viewing must be Krishidarshan (a program on agriculture, for those unfamiliar with the concept). But even in that era there were some gems which evoke nostalgic memories. This post is about one of them. Apologies to the non Indian readers of this blog - second successive weekend post on a very Indian matter. But then when you search for something for long  and finally find it, you can't help but go a little over the top. I've been looking for this TV clip on the internet for a few years with no success. Finally found it. Yesterday  So the post naturally follows. Promise to desist from purely Indian matters for a while after this. There was an organisat...

India is 63 years old today. Well, India is several millennia old, but also only 63 years young. It is Independence Day for India the country, as it exists today. Bits and pieces have gone away – Pakistan, Bangladesh and so on. But a large part came together, as it never had had all through its history. People with different cultures, different languages, different religions, and even with wildly different looks, came together as one nation this day 63 years ago. At midnight on that momentous day, as the Union Flag came down and the Indian tricolor came up, Jawaharlal Nehru, the first Prime Minister made the famous Tryst with Destiny speech . You can even view a small portion of the speech here . India’s independence heroes came from all parts of the country – as diverse as the land itself. There wasn’t even a common language they could speak in. And yet, they came as Indians, first and foremost. Not as Punjabis or Bengalis or Maharashtrians or Tamilians. But as Indians. To my mind, t...

Ok ; don’t sigh at the completely unimaginative title – after Zaijian Zhongguo, it's inevitable that it has to be Namaste Hindustan. The title means Hello India, in Hindi. Just as leaving a place is a cauldron of emotions, arriving at another, is equally so. Even if, and probably especially if, it's your home. Things are familiar. You know people. And yet it is an unsettling feeling. Things have changed. Some of your favourite places are gone. Some of the people you know have moved on. You are suddenly an outsider coming in, rather than an insider giving a knowing smile at the new arrivals. As always, in such moves, it’s the small things that catch the eye. In the first few days back in Bangalore, these are what have really struck me Top of the list has to be reading a newspaper with the morning cuppa. A real newspaper. I almost lovingly caressed it on the first day ! I am in the camp which is firmly of the opinion that “The Hindu” (a longstanding newspaper in India) with fi...

Why , Oh Why, do they come back ? Don’t look back. Don’t ever look back. Please. You are an all time great. You have millions of adoring fans. You have made enough money. Yes, I know that the road forward seems only downhill and the wonders of the lands you have just passed is fatally alluring. But bite your tongue. Thrust your chin forward. Go forward. And don’t look back. This could be true for any one of us, that is if you slightly discount the millions of fans and the enough money bit. But it is so so true for sportsmen. Its really tough not to look back – but alas, many succumb to the temptation. Look at Michael Schumacher. Why did he do this. He had achieved all that there was to be achieved. And yet he comes back. To be scrapping with teammate Nico Rosberg for 10th place, and losing. Remember the days when the mere presence of Schumi on the track would be enough to strike terror in the hearts of opponents. Michael Jordan was a case who both proved and disproved the theory. When ...

This zone has been tag free for some time now, achieved by skillful deflecting of the multitude of girlie tags that swish around in the blogosphere. But when cornered by two begums, here and here , and one gils , this MCP could not resist nibbling at this loose grenade that has been lobbing about. The tag is supposedly about gender stereotypes and you are cursed with wearing pink pants for 12 years (?) if you drop the tag. Since my entire wardrobe consists of shades of white above the hip and shades of black below, this is a rather dire threat; especially as the aforesaid gils has been known to be partial to, shall we say rather colourful combinations of green and red. So, as is my wont, I am twisting this tag to a company. It is well known that companies are an extreme version of the male chauvinist pig. Idle Sunday speculation on the feminine traits hidden in the closet might be a fruitful line of enquiry. So here goes. - Friday dressing. As is well known, obsession with what you ar...

“ The Gift of the Magi ” , O Henry’s beautiful short story, is perhaps something you read in school. It’s the story of Jim and Della, a young couple, who were broke. One Christmas they wanted to give each other something special. Well, I won't tell you the story if you haven't read it before. Read the story via the link - even now it can bring a lump to the throat. A moving story, that made a deep impression on every child. The art of giving is a very difficult art. We are faced with this dilemma every day – what do we give – for a friend, or a spouse or a parent, or whoever. As we all know, its not the price that counts, its not the beauty of the object that counts. It’s the thought. But what CAN be the thought ? What is the most appropriate thing to give ? Very often its very cultural. Take wedding gifts. In China, its easy. You give money in a red envelope. Preferable an amount which has a 8 in it (the number 8 is considered auspicious – that’s why the Beijing Olympics start...