Friday, February 1, 2013

Who will bailout the supposedly rich nations?

We keep on hearing that the richer nations and financial institutions keep on bailing poor and not so poor nations in order to avoid the collapse of the world economy but has anybody realized that what would have if in the worst case scenario, these same nations go into economic crisis, who would then bail them out. This is the nightmare or doomsday scenario, the world is already under huge debt and in this case it will be the total collapse of the whole economic system of the world. The so called world richest economies are also the world's most highly indebted ones and I believe they are in no position to pay their debts as witnessed by the rollover of the debt by issuing new debt to cover only the interest of the principal owed. I don’t seem to be the alarmist but the U.S. and Japan which are considered the richest have the most debt and are in no shape to pay their debt unless they inflate themselves out of it which will create its own problems. And the world top financial institutions like the IMF and the World bank are already dependent on the U.S. and Japan to pay for their operating budget and funding, so who else is going to bail them out. I am afraid no one and this is what my point is that there is no one who will ultimately bail these nations out once the confidence of the investors in their ability of the governments to pay back what they owe is eroded or destroyed.

On the lighter side-Movies-Naked Soldier (2012-Hong Kong)- Sammo hung

Martial arts mayhem from Hong Kong about a girl who is kidnapped and trained as an assassin whose latest assignment is to kill her father she never knew. Good story line and action. Recommended for action fans.

Wednesday, January 30, 2013

Are we putting too much burden on our kids?

This is the question the experts and some parents are asking but not all are saying that we are putting too much in fact some say that the kids are having an easy time so those parents more of the activities into their kids lives and at the end of the day, the child is too tired and goes straight to bed. This question arose because I see kids shows that show hyper competitive among little kids and also the spelling bee competition that I attended recently which was more of the same about parent being proud and tired kids trying to please their parents and spell words in a dream like manner. Then there is the beauty pageant that you see on television and parents going crazy and sometimes vicious in order to make sure their kids win even if the kids just want to rest or go home. Our culture has becomes so competitive not only in sports but in education given more tuition and study time to the kids to compete so that they may get not good but great grades and then secure their position in good colleges and get good jobs that we lost sight of the most important party the kids and what they really want. We are just pushing our own ambition down the throats of our kids so that what we did not achieve they should achieve that it becomes really crazy as the time goes by. Very few voices are being raised about the undue burden we are placing on our kids and this debate should now be raised more.

Huffing and Puffing and doing nothing for improvement

We the people not only the Americans but generally the human race complains a lot. We complain about everything even if we have it or not have it or lose it temporarily to some natural or manmade disaster. We have to complain about it otherwise we will not be called humans. Sometimes the complaining helps and sometimes it does but most of the time it does not and you just keep on huffing and puffing but do the same thing again and again. Are we that helpless that we cannot even change little and complaining comes as the easy way out? I believe that is the case for most of the people but there are some people who do complain and then takes steps to rectify or at least mitigate the problem. Take for example the unemployment situation, there are literary millions of people out there who have given up searching for jobs because they believe there are none out there but do they sincerely believe that they have done enough to look or just do something on their own instead of doing the same thing again and again like sending resumes which does not elicit an answer back. I also do complain and it is really the easiest part but there is another part of me which wants to mitigate my situation by doing something to improve my situation. Getting a job is the easy part but going your own way if you can't find one is truly the path to self satisfaction.