New Beginning

So I am back here after nearly 3 years… and yes you may ask what must have triggered this. Well to be honest… nothing!! .. I just woke up this morning and realized I used to have a blog… a blog on which the only content I have is a piece on Dubai I wrote may be 4 years ago and two other which talk about me getting back to writing a blog… hahahaha… Well the year 2013 is special. The only reason for that is because I got married. So many events in such a short duration of time. Before I knew it things were happening like when lightning strikes. Too many problems and issues which I guess is a part and parcel of the process of getting married. But once it’s done, it does feel good. Does it bring around a sense of responsibility? I don’t think it does. For me it seems like very little has changed. Guess credit for that would have to go to the better half. I wonder why the spouse is referred to as the better half? It’s like one half is worse than the other. May be that’s what marriage does to people or rather couples over a period of time. It’s the pursuit to gauge or justify the less better amongst the two which further leads to problems which ends up in a spiral. The spiral in which every loop makes each party lesser better than the other. Is there an end to it? Well now that’s debatable. I am two months into marriage and this is what is running through my head. Hahahaha. That’s messed up… well in reality it very simple. One would just need to have a certain level of intelligence to be in a relationship. Giving the other as much space as she or he might require at the same time not total abandonment or isolation. Never be too judgmental nor should one be too opinionated. I seem like the know it all guy. But the reality is that it does not take much to be in a relationship or in this case a sacred covenant of marriage. Does luck play a role in this equation? Yes may be to a certain extent, but this is all dependent on each individual and can be debatable on a case to case basic. The universe I belief has its factors that influence to each individual and people in general…. Hahahaha ok before I get wacked by a certain someone I am going to stop with this thread. Relatives can be a very challenging factor to handle. It is firstly a challenge to handle relatives from my side of the family and it is a totally different ball game to encounter relatives from the other side. Relatives are three in nature, one which I could describe as the core group which ideally includes parents and grandparents. The second would include relatives like cousins and uncles and aunts which I would brand as the inner circle and finally the last would be the extended family which would ideally include everyone else who don’t fallen under the first two categories. I have a very simple policy when it comes to relatives which is keep them close but not too close. The core group needs to be kept really close and every opinion of theirs matter. But as two married individuals, every couple would need to understand what matters the most. Anyways so much for now. More to come later…

Un-Interested

Is it that one needs a lot of interest to write a blog.. or the fact that a flow of thought would suffice...I for one believe that it is a combination of the two.. I seem to have a great flow of thoughts, but could never get myself to sit and pen it down... well lately since November i have been trying to make an effort... don't know why though... feel like i have so many great things to say but no channel to communicate it through... but wait that is the reason why people blog... guess i don't have a herd mentality...
Economics and politics and technology are my favorite topics and given a chance could speak for hours on each.. guess i need to get back to the writing spree soon... until then watch out for some crazy topic ideas from me...

City of Dreams built on Sand

Well i thought the first topic i would write about is what is in the papers today.... DUBAI... yup its sinking and its sinking in Sand.... its nothing new and well no one should be surprised. Dubai is a city of dreams built on Sand. Spiraling under its own debt, crashing real estate and the unreasonable lifestyle of the Sheiks are probably some of the contributing factors of the unrecoverable mess Dubai is in right now...
So lets start with the one think that make the Middle eastern countries more prominent than the other lesser fortunate ones. OIL. The middle eastern countries account for nearly 90pc of Global oil productions. This made the Sheiks rich and they sure did flaunt it by buying fancy cars and bigger palaces. This being the conventional view, Sheik Mohammed (the ultimate ruler of Dubai) had a slightly different vision. One of the reasons being that well lets put it this way, he didnt have as much as a nickel of oil as compared to the other Arab Nations. So he made Dubai, the city of a thousand and one Arabian lights as suggested by Johann Hari (The dark Side of Dubai, Columnist London Independent.
A city was built by luring in cheap laborers from Bangladesh and other 3rd world countries, by promising them a great and money rich future. But all they got in return were their passports seized at the time of entry to Dubai, salvaging all hopes of leaving the city without the consent of the authorities and pushed into labour camps like that of Sonapur, which ironically means the city of Gold in Hindi.
Attracted by the low tax rates, Dubai managed to attract tons of investors globally for real estate and market investments during the boom regime, only to realize that the city will not be able to stop the downward spiraling real estate market during the global recession which hit in the year 2008. Many of the ex pats in Dubai who took additional loans to buy the over hyped houses and islands are now probably imprisoned and not allowed to leave the city, their families have lost all communication with them and probably will for a long time to come.
The disaster that Dubai has created for themselves would for sure be felt by other nations who have direct contact with Dubai as a ripple effect is bound to occur. Take India for instance, 6 of our nationalized banks have major presence in Dubai. Of which Bank of Baroda have the highest number, 6 branches and more than 600cr rupees invested only in the real estate market. It will soon feel like a second wave of Global Recession to hit the Indian markets. Lucky for us we are quite isolated from this all, thanks to the Banking and Monetary policies (will save that for another time).
According to the last statistics there are more than 2 million Malayalees living the Dubai Dream waiting to be shattered. The caption to this article should probably now read a "City built on Dreams, built on Sand".

The Beginning of the End

I have always wanted to start a blog of my own, but never got into the spirit of actually getting down to writing one.... so i guess here i am. My first level of blogging would ideally deal with thinks which I think I am good at which would probably include economics, politics and markets... i am not clamming to be the best there is, but these would be notes on my view points with a little bit of prior research. Also dont mind the spelling mistakes and the correctiveness(if there is such a word) of my language. I am not even sure how often i will be able to have blog entries... but there is no harm starting now.... this is probably the end of the beginning or the beginning of the end... thats to see....