Tuesday, May 27, 2008

The Year That Is Bad

How things can be bad. Just six months before the gas price was just $3.00 per gallon. Now this weekend I had to pay $3.98.

And if you are not really impressed with that. Lets talk about sensex. Well I invest in India. Sensex was coolly placed with a pride of hot and happening India at 20973 on January 08 2008. Now on its 16275. I have lost Rs 2 Lakh so far this year.

Well if these are not enough. We have food crisis, economic recession and inflation to talk about. My best friend Ajmer is looking for project since January this year. But the job market in USA is really bad. He is facing the worst time of his life. But now things started to look positive for him. He may find himself working again in couple of weeks. Amin.

Well I am an Indian resides in US. So matter two countries that matters most to me are India and USA. But if you look beyond this, you will find 1 million percent inflation in Zimbabwe. And it may reach 5 million percent by October this year. As stores opened for business few days before, a small pack of locally produced coffee beans cost just short of 1 billion Zimbabwe dollars. A decade ago, that sum would have bought 60 new cars in Zimbabwe. Wow, obviously in a bad way.

Well for India, official figures says it is only at 7.82 percent. And its this low because govt of India is lying totally. If you talk to common people in India, you hear the real story – the inflation rate is at more than 30% and the Government is lying totally. And now when Govt of India decided to increase the petrol prices by Rs10 inflation is going to be more than 50%.Now one wonders why GOI is doing it now. Why it did not allow it grow earlier.

Well if these are bad, people in CNN promise that things can go worse beyond this point. Oh God.

Rediff thinks the same too

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