Carry Trades Running Away (with the money)

When the markets tanked (Sensex at 17,000 )sometime back ,Carry Traders came in and pushed it up to (Sensex - 21,000). They also pushed up the inflation in entire Asia. Now after Eyptian Crisis (fueled by inflation), the Carry Traders are now back to home. Thanks to them, the Sensex has tanked again to 17,000 levels.

Who is to pay for the difference of (21,000 - 17,000)? Poor Middle Class Indians, mainly due to inflation.

This brings me to remember the monkey story about the stock markets. Have you heard it?

Egyptian Mummy is back in Action

As US has successfully exported its economic problem to other countries, it is now coming back to it
in politically. It seems that the first of the countries that are feeling the heat of the inflation are its key allies, like Egypt. Now in many of the countries inflation is spilling into political turmoil, so intensive that even 30-40 year old regimes are threatened.

Back in India, We are having the most cynical of political situations. Rahul Gandhi, member of the political family in power, is calling on people to change the System instead of keep on shouting..

Mubarak, don't call Obama on how to manage the situation.. Call Rahul Gandhi for some real advise..

Emerging economies caught in inflation dilemma

Analysis : Emerging economies, seen as the big hope for global growth this year, are caught in a tricky dilemma: let inflation rip and hurt stability or raise rates and risk stalling their economies.

Ladies and Gentleman, this is the way through which America has once again escaped its problems. Now it has outsourced the Inflation threat to other countries and is cooling off happily as usual.

When will Indians and Chinese stand up to this?

Inflation as a ploy : No tax worse than inflation: Chidambaram

Read the comment by Chidambaram about Inflation:
Concerned over high inflation, Union Home Minister P Chidamabaram on Wednesday expressed doubt on whether the government had all instruments to check price rise. " inflation is high, food inflation is very high... we are not sure whether we have all the tools in hands to control food inflation," Chidambaram said at a function organised by Skoch consultancy.


I think that Congress is using Inflation as a ploy to divert public attention from 2G scam. I should concede that this ploy has worked wonderfully. Is the public punished for talking too much?