Posts tagged ‘India’

Why QEs,Of The Developed Economies, Are BAD,Especially For India.

The so-called QEs and STIMULI,resorted to,by the developed economies’ Central banks,namely,the US Federal reserve,ECB,BoE,BoJ etc are bad for other nations and the Global Economy,as:-

1.They create asset bubbles.leading to high prices in C rude,Copper,Minerals etc,not to mention Gold,Silver etc too.This creates Inflation.And Inflation is BAD for the economy in general. It is bad for the common People,MORE!,as the cost of “living’ becomes a hell!!

2.QEs are subsidies to bankers and investment Houses.Coupled with low interest rates obtaining in the developed economies[very near Zero],the “CHEAP MONEY IN,CHEAP MONEY OUT” strategy,wrecks the economies and Currencies of the developing nations.Volatility in Currencies,is a very great threat to them,too. Subsidies are against WTO Rules.

3.QEs allow export s to be lucrative.This is UNFAIR TRADE PRACTICE,and hence is cheating as per WTO Rules.

4.In the case of indie,M M Singh is against Capital Controls,following the STILL UNSIGNED and SECRETLY BEING NEGOTIATED Trans pacific Partnership!

An excerpt from the link above,in item 4.

Given united opposition by the other TPP countries that has thwarted closure to date of several TPP chapters, has the U.S. relented in its insistence that the TPP forbid any signatory country from using capital controls, speculation, or transaction taxes and other common macro-prudential financial measures?”

5.The so-called “under-recoveries’ started to be MISUSED,by the OMCs[ a Con Game in which M M Singh is suspected to be involved,as he became PM in 2004,will be HIGHER due to HIGH Crude prices,which India imports in large quantities. hence the prices of the petroleum Fuels will be HIKED time and again.This will raise the Inflation,which will hamper economi growth.It is a whole vicious cycle.Another vicious cycle is the weakening against the US Dollar,due to petro-Dollar.Thus India will be caught in a perpetual WEAKENING of the Rupee. This will again adversely affect Indian Economy.

Many among the India Inc have huge FOREX Loans.hence again economic growth will be hampered.

The HIGH”under-recoveries” will RAISE India’s FISCAL DEFICIT.This is a very great danger

India;s leadership,under M M Singh is a puppet of the IMF and hence is against the nation itself with almost all policies being ANTI-INDIA!

Thus there is a very great danger that India may be BANKRUPTED by the IMF puppets.

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Weekly Trends

Global:-

1.The USA and G20,make a  monkey of the layman.Geithner and Bernanke sing different tunes.US may not devalue the Dollar after all.

2.US and Western economies is in deep trouble.

3.China goes on a buying  spree, and even buys US Oil assets in Texas.

4.Near zero interest rates in the West and Japan is causing problems in emerging markets,by way of huge inflow,sometimes uncontrollable.

5.Strikes France and still Sarkozy goes ahead with the so-called,reform of increasing the retirement age.

6. 5 lakh jobs to be cut in UK.Unions threaten strikes similar to France.

7.Wikileaks comes out with more clips and messages.Julian Assange on the run and is being stalked.

8.US continues to arm Pakistan to the consternation of India,with another $2 Billion “aid”.

9.Bayer caught selling aids-infected drugs for decades.

10.In Haiti 195 die of Cholera.

Indian:-

1.Kashmir,Telengana and Manipur problems continue.

2.BJP trounces Congress party once again in Panchayat and remaining Municipal elections in Gujarat.

3.Elections in the State of Bihar are on.

4.India’s share on IMF increased and may be accommodated in the Board.

5.Maoists continue to, kill and the UPA looks on.

6.Action may taken against Geelani,Arundhati Roy and others in their anti-National gathering and speeches,in New Delhi.BJP criticices th UPA for allowing the meeting to take place at all.

7.Food prices continue to be high,but the UPA sells about 1 lakh tonnes of food grains to Bangla Desh.

8.There are no triggers and hence the markets may be flat even though the Nifty futures are at a premium.

Trend

Global:-

1.US economy is in peril.The usual antidote to this is a war.Many expect a huge one,shortly.

2.China is trying to push Yuan as the World Currency,while the Globalists are trying to usurp power,by trying to have the notorious IMF,play the role of the Global Banker and have parity with nations of the G20.

3.Russia-Belarus relations deteriorate,with EU being the gainer.

4.Dollar collapses,allowing Commodities’ prices to rise.Dollar and other world currencies are expected to get devalued due to the expected use of the “printing press”,by all nations.

5.US Bankers,reportedly, suspected of arrogant mortgage frauds,forcing illegal foreclosures.

6.Toxic sludge leakage from a  factory in Hungary,results in some deaths,evacuation and environmental disaster.

Indian:-

1.India and Russia to sign contracts for  a huge arms deals, and combined production of Fifth Generation Fighters.

2.India seems to be succumbing to the US pressure as regards the Civil Nuclear Accident Liability Bill,as Obama’s visit to India is due in a short time.UPA politicians seem to be not having even a vague idea about Stuxnet.A similar attack in India,on her Nuke Plants in particular,by China or Pakistan or both together, or even by nonpolitical disgruntled elements like the Maoists, will prove catastrophic.

3.Gold and other Commodities prices are soaring,as the Festive season in India approaches.

4.The declaration of Kashmir and Arunachal Pradesh,as disputed territories,by FAO,is a huge blow for India.

5.The CWG is on and India’s performance is unexpectedly strong.She is in the second position in Medals tally.

6.The markets may be flat on Monday,as there are no cues,expect the Coal India IPO.

Sensex ;+376 20446;1/10/2010

Trouble in Telengana,Kashmir and Manipur.
India Imports a Net of $600 Million of Rough Diamonds in August  .Read here
India’s Polished Diamond Exports Continued to Rise .Read here
Rio finds India’s biggest diamond field.Read here
Forex inflow continues.Read here
SEBI Bars Some Foreign Investors.Read here
fii Rs Crores D/M/Y:+1825;+1825;+44936;   DII: -671 ;-671 ; -12223  The DII monthly and yearly figures are CORRECTED ones.
bdi  2452;+6;+0.25%      BELOW 200 DMA  of 2896
gold 1319 $/Oz
silver 710 $/Kg
Dr COPPER  3.6606  $/Lb    Correction.So far the unit was wrongly mentione as $/Kg
us dollar index 78.05
Re v Dollar 44.35
crude  81.65 $/bbl
Reuters CRB Index   285.69;-1.170 (-0.408%)
Nifty Futures discount/premium:- September 2010,32.6 points premium 1/10/2010 ;P/C 0.62;  30/9/2010
PMI     55.5 for July,2010:dipped from 56.2;rate of growth slow;above 50 good for the economy.;India 57.25 from 57.6
Sensex   ;+376      20446
VIX(Fear Index) :-
india 22.25
usa 22.50;-1.20;-5.063%

Trend

Global:-

1.Ahmedinijad on the offensive against the USA in the UN.

2.US economy continues to be in a bad shape.EU is also in deep trouble.

3.As per the Russians,the tension between  North and South Korea is high and continues to increase.

4.Japan succumbs to Chinese threat,releases Chinese seaman.

5.USA builds many bases in Eastern Europe and this is viewed as a threat to Russia.

Indian:-

1.Stock markets may be bullish,due to the Coal India IPO,as the UPA will be interested in realizing a better price.

2.Govt intends to have interlocutors in place for talk in Kashmir.

3.Telengana and Manipur problems continue.

4.China has intruded in Arunachal Pradesh,last month, which MSM are not reporting.

5.Ayodhya verdict on 28th September.Read here

6.India,Canada and Blackberry continue negotiations,as  encryption,is the issue, and hence possibility of, terrorism.

7.India bungle CWG hosting.Widespread corruption observed.

Trend

Global:-

1.U S economy in a bad shape.

2.Russia sells latest anti-ship missiles to Syria.

3.China-Japan tension grows  over the arrest of Chinese  seaman.

4.EU questions Sarkozy,who is facing local problems like the misuse of counter-espionage agency etc.

5.EU makes a futile attempt to be recognized as a State in the UN.

Indian:-

1.Expecting the Dollar to decline against the Rupee,the FIIs are investing heavily in Indian equities,reducing their exposure to Depository Receipts.The Indian markets are expected to be very Bullish in the next 3 to 6 months.

2.Problems in Telengana,Manipur and Kashmir continue.Nagaland is getting a taste of its own medicine,as Assamese Students have set up a Blockade against the former for their being  mistreated by the Nagaland Police.It is to be mentioned that it is the “insurgents”, and NOT the Nagaland Govt which is responsible for the 135 day-old,Manipur blockade.

3.The Rama Janmabhoomi verdict is to be declared at 3.30 pm on 24.9.2010.On an adverse ruling both the parties are expected to go to the Supreme Court. It is worth mentioning that both the Hindus and Muslims were praying TOGETHER at this place till 1860,when, the British created a division among the two communities to “divide them and rule them”,over,around 1860,after the  combined Hindu Muslim Revolt against the British,in 1857 .

4.Floods and damages to crops,experienced in many parts of India due to excessive rains.

5.Cholera rampant in Odisha with 140 deaths,in Rayagada District.

6.H1N1 and Dengue also wreck havoc.

Trend

GLOBAL:-

1.US economy is in a bad shape.Read THIS also.

The Next Four Months Will Be Very Painful For Stockholders

2.Israel may attack Iran’s Nuke locations.The USA reportedly,against the idea.Read THIS also.

3.Earth quakes in New Zealand and Northern Peru.

4.A volcano has erupted in Indonesia for the first time since 1600.

5.Pakistan has problems due to the recent floods.

6.Greek austerity may usher in Civil War.Read HERE

INDIAN:-

1.China supplies 4 ambulances and 103 vehicles to Nepal while  India’s figures to the same nation  20 ambulances and 4 school buses.Read here.

2.Earthquake in Andaman and Nicobar Islands.

3.China says PoK is Northern Pakistan.Read Here

4.Coal India IPO in October.Till that time,the UPA will keep the indices high.

5.Problems continue in Telengana,Manipur and Kashmir.

6.Murder of an abducted Policeman,in Bihar,by the Maoists,just before elections in October/November,points to Congress’ False Flag 2.The first one was Kandhamal,just before the 2009,Lok Sabha elections.This along with fraudulent EVMs shows an erosion of the values in the Indian Democratic Republic,with one party doing anything to hold on to power.A VERY DANGEROUS TREND!

7.The Indian Media continue to pamper the son of Antonia Maino,by giving him more exposure.

8.RBI may raise interest rates as per reports.