Hi,
First the present
Its already a week or two when one of the companies Dubai World founded by Royal family of Dubai HRH Sheikh Mohammed asked for stop payments for next six months.... and their was blood all in print as well as television media........... Economic Times, Financial Times paper is wasted in writing same articles again and again…. Who pays these writers for writing same shit over again and again
All predicting doom for Dubai........ Like always there was lil truth and all eyewash tell what people wanna hear.............
Okay Dubai World has asked for stop payments. I would like to know how many such companies world wide after/in Financial crisis and recession has asked for same ...... all the major banks, financial institutions, automobile industry, real estate groups/institutes, insurance businesses have gone beggars literally they are thriving on Tax payers money.
Why such hoolah when Dubai ruler disagrees to spend his moolah for wrong investments done by Western Investors turn sour??????
Second the Future
What is Dubai?????
A wannabe financial centre for Gulf (Western view).............naah my friend habibi you are just looking at the monetary perspective of it Dubai is billion times more than that.........
Dubai is a place where Arab youth dream of coming and finding a respectable livelihood. You cannot take or destroy dreams of millions overnight. I repeat You cannot take or destroy dreams of millions overnight. Whether you me or we like it or not but these Arab kids with dreams in their eyes will come to Dubai shores for time eternity to prosper.
Dubai is a place from where World (the West) can do business freely into GULF/AFRICAN/ SOUTH Asian region and markets without getting affected by geopolitical situations in the before mentioned regions.
(Westerner) But Dubai has taken a beating its Sand Castles are going down no one will come and buy them they are worth nothing.
Well any prudent Investor will tell you to invest when there is a bust and this Financial Crisis has at-least taught us that. Now the pricing is not only corrected in real estate but its also at dirt cheap rate so invest make your moolah till sun shines and take my word Sun will Shine on Dubai for time eternity figuratively and in reality.
Saturday, December 12, 2009
Tuesday, April 14, 2009
EASY MONEY
EASY MONEY
Hello Everyone,
Okay lots have being written and little has being done about Recession ………….
First do you agree that this recession is burdened on us by Financial Institutions…… Yes or No ……… If yes then continue reading further ….. if no then … go 4 a walk…………….
Now how do we cope the same…….. no I am not a genius nor one of the great economist who didn’t see this coming(ouch tht hurts) …… same geniuses were harping on Derivates and transferring of risk……………. lesson learnt RISK CANNOT BE TRANSFERRED (when the world is flat and globalised) it can only be delayed.
So you will say Okay ….fundas one more funda…….what new are you bringing forth. I am simple man will try to look in simple way ….. what are we doing now ……. To the same institutions which got us into this mess we are giving more money ……Someone will say Uncle Sam to is instiution whats your problem ...my problem is they are raising tier money by selling their shitty T Bills which the whole world deals in ………… Banking is the biggest deceitful business ever being created….
Back home in India when a farmer takes loan for land, animal stock, fertilizers ……. And is unable to repay ……..banks go with these NPS'a to the government......government writes it off..... (Kisano ko rahat last time INR 65000 crore.... USD 13 billion dollars) as they are Nationalized banks i.e. Indian taxpayers at large pays for the misfortune or wrong doings of these famers
However the farmer gets to keep the land , animal stock, fertilizers he purchased from this loan and banks don’t repossess it……………………… what big brother Sam doing ………… giving out cash to this institutions .....what happens to all those sub prime borrowers ……. they r still on the roads ……. What happens to all those bankers …….. they again get to play the musical chairs with other peoples money………..
The same bank when you are standing outside your office , sitting in coffee shop or visiting a mall comes to you with a leaflet reading EASY MONEY……….
Hello Everyone,
Okay lots have being written and little has being done about Recession ………….
First do you agree that this recession is burdened on us by Financial Institutions…… Yes or No ……… If yes then continue reading further ….. if no then … go 4 a walk…………….
Now how do we cope the same…….. no I am not a genius nor one of the great economist who didn’t see this coming(ouch tht hurts) …… same geniuses were harping on Derivates and transferring of risk……………. lesson learnt RISK CANNOT BE TRANSFERRED (when the world is flat and globalised) it can only be delayed.
So you will say Okay ….fundas one more funda…….what new are you bringing forth. I am simple man will try to look in simple way ….. what are we doing now ……. To the same institutions which got us into this mess we are giving more money ……Someone will say Uncle Sam to is instiution whats your problem ...my problem is they are raising tier money by selling their shitty T Bills which the whole world deals in ………… Banking is the biggest deceitful business ever being created….
Back home in India when a farmer takes loan for land, animal stock, fertilizers ……. And is unable to repay ……..banks go with these NPS'a to the government......government writes it off..... (Kisano ko rahat last time INR 65000 crore.... USD 13 billion dollars) as they are Nationalized banks i.e. Indian taxpayers at large pays for the misfortune or wrong doings of these famers
However the farmer gets to keep the land , animal stock, fertilizers he purchased from this loan and banks don’t repossess it……………………… what big brother Sam doing ………… giving out cash to this institutions .....what happens to all those sub prime borrowers ……. they r still on the roads ……. What happens to all those bankers …….. they again get to play the musical chairs with other peoples money………..
The same bank when you are standing outside your office , sitting in coffee shop or visiting a mall comes to you with a leaflet reading EASY MONEY……….
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