Posted in personal finance, Uncategorized

Ray Dalio, in this video, explains quite explicitly and in a simplistic manner how economics plays a great role in our everyday life. No matter how naive you are or choose to ignore the reality, economics exist and it impacts and affects everything we do.

Today, there is a growing trend of purchasing and selling everything on EMI – from a house to a toy set, a home appliance to even a book! If everybody takes a loan without really paying for it, we end up creating more and more credit that is many times higher than the cash in the economy (the interest helps credit grow exponentially as the same money is borrowed and re-borrowed in cycles). How will we ever pay for it?

Sellers are ready to sell products without receiving the full price, buyers are willing to purchase and use the product without paying for it. The proposition is so lucrative for buyers that they sometimes, in some cases most of the time, end up buying things they do not even require or can do without. in the case of sellers, it is all about meeting the targets in books. let the money come in later. in reality, somebody has to pay for the good and services manufactured in the economy. if the manufacturer produces goods taking a loan, the buyers purchases on EMI, and both take loan from the bank, and both, because they have to pay loans and EMIs do not have the money to save and therefore keep in the bank, where will the banks get money from to give more loans! Think about it.


Holidaying in Charismatic Coorg…

2012-11-13 12.05.11Miles long curtain of greenery, rolling slopes of coffee plantations dotted with tall silver oak trees, hugging the trees are yummy vanilla creepers. This is Coorg for you all. I had a splendid time driving through these never ending, winding and narrow roads of Coorg. Sitting on the porch of our wooden cottage, watching the thick jungle spread ahead, breathing fresh Coorgy air (and fume from mortein ;)), sipping cranberry juice, sharing stories with friends and playing scrabble…. All that was there to do… With no network on phones, it was an absolute heaven!

On the very first day, I was inducted to Coorg with two leech bites. I decided I would never step again into the thickets without proper shoes. This was followed by greetings from slugs in the bathroom the following morning. It made me realize for the first time in many years how far we have gone away from nature in the cities. So, instead of detesting it, I actually allowed them (number of slugs increased from 1 to 2 to 4) to crawl across the bathroom. We continued to coexist for the next three days without complaining.

Food was an absolute delight. I tasted pork for the first time in my life, and actually liked it. The deep burnt, peppery flavor was good. I must admit, Coorgies cook their pork better than chicken. But the best meal of our day used to be the breakfast – served with a bowl of sweet-sour jungle honey, hot bread-omlet and a Coorgy special dish served with hot sambhar was a treat for four hungry people in cold Coorgy mornings.

How I wished my treaty with Coorg would never end. But Alas! Like all good things this ended too. And now that I am back in Bangalore I cherish memories of those green, pure, fresh and delicious Coorg.

Posted in Uncategorized

Style is Important

Came across a job posting, which mentioned desired candidate should have a strong writing skill in AP style. For those, who are still wondering what AP style is, its Associated Press style guide.

It suddenly dawned upon me the importance of adhering to a particular style guide. Not because I could have applied for that job. Following an established style guide such as The Economist,  Associated Press, New York Times, and others, lend writers editorial benchmarks. While writers may have their own style of writing, which is individual to their perspective and personality; a style guide is helpful in maintaining consistency in the use of punctuations, paragraphs, abbreviations, syntax, and spellings (US/UK) in a document(s). In a way, it affects the presentation aspect of the document.

While you may be a person with an excellent flair for writing, with deep insights of your subject, know to present your thoughts interestingly, but if you want to gather a pool of good readership, it is important that you edit your writing before you post, for one last time.

Happy posting! 🙂