Saturday, June 13, 2009

Surely You Must be Joking Mr.Ahluwalia

Published in Ind Economist June 2009

I have been genuinely surprised at the respect that MSA gets at various forums where he lectures on Economics, Energy, Infrastructure, Public Policy etc... Just beneath the surface, if people care to study his understanding of these topics, it would be easy to see that he pretty much knows nothing. & it's not entirely his fault - as Lord Desai recently said, we give our politicians and bureacrats far more respect than they deserve. & sooner rather than later, they start believeing in all the adulations.

Thursday, April 09, 2009

Gold - Ending 100 Years of Solitude

Published in the Industrial Economist April 2009

Explaining why the Nixon created paper dollar standard has to end sooner rather than later. & then, why the world would be better off reverting to a hard currency standard when we come around to accepting the above inevitable outcome.

Wednesday, March 11, 2009

The $787 Billion Stimulation of the Depression

Published in Industrial Economist, Mar 2009

Explaining why the near $800b stimulus of Obama is going to do what Hoover & Roosevelt managed during the thirties i.e. convert a Recession into a Depression. The only good thing this plan is going to stimulate is going to be the price of Gold. & food. & Oil ofcourse.

Tuesday, February 10, 2009

Madoff, Madoff, Everywhere

Published in the Industrial Economist, Feb 2009

Why the Madoff issue is not an isolated incident... there are a host of other Ponzi schemes operating around us such as the Fractional Reserve Banking System as I have explained. But the mother of all the Ponzi schemes has to be the "US Economy" itself. The next few years is going to be fun for people who can understand this.

Sunday, February 01, 2009

US Economy: Dying from the Cure

Published in Industrial Economist, Dec 2008

Why the stimulus (or in reality spending) package is going to result in the death of the US Dollar before Obama ends his term. The path to hyperinflation has been set in stone and people holding on to US Dollars/Bonds or any other dollar denominated asset are going to get wiped out.

Saturday, November 22, 2008

US -- The Coming Greater Depression

Published in the Industrial Economist Nov'2008

Why the current crisis in the US is going to be worse than the 1930's. As I have explained, the depression this time is going to be accompanied by Hyperinflation and the US is very likely to follow the route of the Weimar Republic over the next few years.

Also, the current strength in the dollar is a fleeting event unrelated to the fundamentals. The rationale is explained in the same magazine in the article The Last Gasp of a Waning Currency

Wednesday, November 19, 2008

Ron Paul, Bernanke, Central Bankers & Gold

Youtube Video of Ron Paul questioning Bernanke on Gold

A very astonishing testimony by Bernanke where he states that the Central Bankers have never discussed the Gold standard or an alternative to the US Dollar. Either Bernanke is telling an outright lie or the Central Bankers of the world are one deer-caught-in-the-headlights community. My guess is it's the former, but who knows. Our own Dr.Reddy is clueless about basics and thinks inflation is caused by growth and suggests price controls as a way to manage Inflation. & now ofcourse, Reddy is on the global panel that is studying the crisis to recommend solutions -- tell me more about asking a fox to guard the henhouse.