WELL ,I DONT EXPECT ANYTHING FROM ANY ONE ,THAT INCLUDES MY OWN BLOOD, MY FAMILY EXPECTATIONS BRING FRUSTRATIONS DO IT BECAUSE U LIKED IT MY SPECIAL REGARDS TO RAINS ,WOW SOW MUCH KNOWLEDGE AND NOW MERRICK btw i am not a woman ,this i am writing it because my inbox is getting flooded by males ufffffffffff,i had to take a womans id because i was rather forced by a friend from iff, uffffffff getting hotlistd,kissed ,winked arrrahhhhhhhhh
Nov 13, 2008 7:04 am Mood: disappointed, 127 Views
usa has best business administrtion schhols ,all aspire to het in harwards why so many companies ,faileed,why so many lost their jobs is the audit system not working or all want to cheat a common man/woman of life time savings it amazes me when all so called financial experts acted to cheat uffffffff
usa has armament industry ,and wants war every 3 years ,to finish weapons reaching expiry period,and wants to test new weaopns usa destroyed vietnam but had to withdraw usa divided russia usa had no business to be in afganistan ,iraq
present govt knew that economy was going to crash but kept fooling people creating problems for new president i see usa,china,uk,russian economies are in doldrums only canada and india seem to weather the storm firmly WHY DID BANKS BURST INSPITE OF HAVING BEST TALENTS if the police act as thiefs uffffffffffffffffffff where the sanity has gone?
Feeling irritated because you can't access the Internet?
Well, may be it's time to seek medical help as Internet addiction is now considered a clinical disorder rather than a bad habit, according to a new Internet Addiction Disorder diagnostic manual approved over the weekend by psychologists.
The two major symptoms of IAD are lingering online for more than six hours a day instead of working or studying and having adverse reactions from not being able to get online, reports China Daily.
According to the manual, IAD sufferers usually engage in five main activities -- Online gaming, net pornography, excessive involvement in virtual social networking, too much Internet shopping and general cyber-surfing.
Tao Ran, a leading medical professional on addiction in China who also headed the drafting of the manual, said that the guide would be the first of its kind in the world if the Ministry of Health officially approves it.
Tao said that the ministry is highly likely to give the manual the green light next year.
'If so, China will be the first country to recognize IAD as a clinical disease, like gambling or alcohol addiction,' Tao said.
1-Want to win over your date? A new book by Leil Lowndes titled How to Make Anyone Fall in Love With You offers some tips that would help seduce, and make anyone fall in love with you: The winning formula for seducing your date requires nothing but looking into his or her eyes and stay glued to a little longer than necessary. This is a good technique for men, as women always want to feel that a man is absolutely fascinated by them. A simple smile can be most effective way to win over your date. A soft smile would be most appropriate to seduce him or her. 2--How to get dressed for the date is crucial For men, taking your date to an expensive restaurant with an elegant, upbeat, atmosphere would work tremendously as women tend to judge a man on the first place he takes them, How to get dressed for the date is crucial. Men must be coordinated and dress affluently, as women love good quality clothes on men. On the other hand women need to dress alluringly but not in a vulgar way. 3-'Let your eyes do some travelling' While chatting with your date, let your eyes do some travelling -- but only on safe ground at first -- over his or her face, concentrating on their eyes. Before going on a date, first find out what pulls your date's strings and then plan an adventurous date. 4-'Simply ask her, "How do you feel about that?"' To impress your date, you need to share his or her convictions and show that you feel them deeply. Watch his or her reactions to outside activities, then show the same emotions -- shock, disgust, humour, compassion etc. The most valuable tip for men, whatever your date is discussing, simply ask her, "How do you feel about that?" Women love to talk about how they feel and will nearly always respond enthusiastically. 5-'Make sure you laugh at her jokes' Another important technique for women, make sure you laugh at your quarry's jokes and, when in a group, be the first to laugh. It brings you closer together. For men the ideal time to ask a woman for a date is when she has said something relevant to her personality. For example, if she says something spiritual, say that you'd love to hear more about that, perhaps over dinner.
Oct 17, 2008 4:17 am Mood: thoughtful mood, 353 Views
Fri, Oct 17 03:06 PM
Noting that one-third of the poor people in the world resides in South Asia, a senior UN Millennium Campaign official on Friday said existing poverty is a "shame" on the face of India and efforts should be expedited to erase it.
Addressing a function organised by Amnesty International in New Delhi, UN Millennium Campaign Global Director Sahil Shetty said that if India and South Asia cannot achieve poverty alleviation, it cannot be erased from the earth.
"Poverty is a shame on the face of the country. We have to wipe it out," Shetty said.
He said that India has the "best brains and best ideas" to lead the poverty alleviation programmes.
"We believe unless people raise their voice and act then it would be nearly impossible to achieve the UN Millennium Development Goals," he added.
Unless you've been living under a rock somewhere, you realize that our nation's going through a major financial crisis right now, but do you know the cause??? It's bad business, and frankly...bad det. A few bad decisions by those at the top of the "economic chain" have now snowballed into a catastrophic situation. And worse, I'm guessing you (like most) learned about money from this same failing system. So, how much "bad detb" do YOU have? If your income were suddenly reduced or eliminated...are you prepared? I'll tell you one thing, Washington does NOT have a "bailout plan" for you personally...I don't know if you've seen the idea to send the "bailout" money out to the public instead of these companies. That's definitely NOT going to happen...so there will be no "government lottery". There IS something you can do though. As hard as it might be for you to believe...there are people who aren't worried at all right now...why? Because they have no bills. If they lost their income, they won't lose their home..they won't lose their cars, and many of them have enough cash to live on for quite a while. It's time you learn what they know and discover how you too can pay off all your detb--including your mortgage--in as little as 5 to 7 years...and the best news is, you can do it using your current income.
FRIENDS WALK IN ANY OFFICE ,SHPPING MALL ,ANYWHERE U WILL FIND 80 PERCENT ARE WOMEN WORKING EFFICIENTLY SO BE PREPARED FOR BABY SITTING IF U ARE MARRIED,COOKING,WASHING ,CLOTHES,UTENSILS ,BROOMING LOOK AT UR MOTHER ,WIFE SISTER I KNOW A FRIEND WHO DRIVES HIS WIFE IN A CAR ,AND DROPS HIS WIFE OUTSIDE A FACTORY AND COMES HOME ,DOES BABY SITTING ,MAKES CHAPATIES, COOKS ,BROOMS OTHERWISE HE HE GETS FIRING FROM HIS WIFE , WASHES CLOTHES ,UTENSILS ,AND KEEPES SNACKS READY FOR HIS WIFE ,PICKS UHER FROM FACTORY SO MEN WATCH OUT WOMEN DONT HAVE BAD HABBITS ,NO TIME WASTING ,NO SMOKING AT LEAST IN INDIA BTW SMOKING IN PUBLIC PLACE IS ILLEGAL AND HEFTY FINES ARE CHARGED WOMEN HAVE MORE PATIENCE ,THAK GOD IF U ARE MARRIED AND START LOVING HER OR BE READY TO FIND " HOUSE MAID" JOB SOON I AM LUCKY ? ARE YOU? IF I WERE " GOD " I WILL MAKE MAN TO CARRY A CHILD IN WOUMB AFTERALL WE ALL WERE BORN TO A WOMAN
The recent bailout package being approved in the US Congress needs to be viewed in the context of the spurt in the accumulation of forex reserves of China by about $500 billion in the last six months to about $2 trillion in aggregate.
This gargantuan build-up of forex reserves by China has strangely received very little attention of economists, policy analysts, currency traders and, of course, geo-strategists around the world.
Why is China engaged in this exercise? What could be its implications on the on going global financial crisis? Could China trip the bailout package announced by the US last week? Crucially what are the implications for the existing global order?
What is intriguing in the Chinese forex reserve build-up is that both trade surplus and foreign direct investment account only for a part of this gargantuan pile. After adjusting for all known sources of reserve accretion, experts conclude that approximately an excess of $200 billion could have flown into China as 'hot money' -- read inexplicable flow of funds -- in this period.
The Economist -- in one of its issue in recent months -- quotes Michael Pettis, an economist working in China, who explains how and why hot money flows into China. According to Pettis, hot money comes into China when companies overstate FDI and over-invoice exports.
But where is such money getting parked in China? The Chinese stock market, like many of its counter parts across the globe, continues to plunge. Hence, it may not be an attractive destination for hot money. Some experts suggest that it could have gone into property while the predominant view is that it could simply be the Chinese banks that offer interest rates in excess of 4 per cent on yuan deposits compared with a lower rate on dollars.
How a 2 per cent interest rate differential results in such cross-border flow of capital requires some explanation. What makes the dollar-yuan exchange rates central to any discussion on global finance is the fact that trade between the United States and China has burgeoned in the past decade or so. But this is not a two-way trade as would be commonly believed. Most of this is unilateral -- i.e. exports from China to the US.
In fact, this is the fundamental reason for the burgeoning current account surplus that in turn translates into China's forex reserves. In the process, over the years, the US has become extremely dependent on China not only for supplying cheap goods but also for the Chinese to fund such imports by parking their forex surplus within the US.
This twin-dependency on the Chinese for goods and money to finance its deficits has always engaged the attention of the US policy framers who till recently were not at all comfortable with this arrangement. And now added to this is the latest aggressive build-up of forex reserves by China surely has the Americans in a bind.
The economics behind Chinese yuan
Economists in the US till recently believed that a weak yuan implicitly subsidises the Chinese exports leading to such huge trade imbalances between the two countries. Consequently, they have been pointing out to the imperative need for a substantial appreciation of the yuan by a minimum of 20-25 per cent vis-a-vis the US dollar to remedy the situation. In the alternative they have suggested a countervailing duty of a similar scale on imports from China.
Further, economists are of the opinion that by constant intervention in the forex market not only does the Chinese Central Bank ensure a weak yuan it also causes competitive devaluation of various currencies in Asia.
The net consequence is a domino effect with the result that the US dollar is artificially valued at higher-level vis-a-vis most Asian currencies. Experts believe that a significant yuan revaluation will ensure a more realistic exchange rate mechanism in Asia as it could force other countries to follow suit.
It is in this connection that C Fred Bergsten of the Peterson Institute, in a testimony before the hearing on the Treasury Department's Report to Congress on International Economic and Exchange Rate Policy in early 2007, states: "By keeping its own currency undervalued, China has also deterred a number of other Asian countries from letting their currencies rise very much against the for fear of losing competitive position against China."
Naturally, in anticipation of a significant revaluation of the yuan, most experts believe given the uncertainty associated with the global financial markets that hot money is flowing to a relatively safe destination. After all, China not only offers higher return but also is virtually insured against any downward movement against the US dollar.
In effect, is this hot money flowing into China in anticipation of this revaluation of the yuan? Or is it a simple case of China maintaining trade competitiveness through a weak yuan? Or is there something more to it than meets the eye? Are the Chinese acquiring the dollars with some sinister motive? In effect, has the Chinese strategy of a weak currency over the years the un-stated policy of dynamiting the American economy?
Mutually Assured Destruction (MAD)
What is worrying the Americans is that China accounts for about one-fourth of the global forex surpluses and are the counterparts of the US current account deficit. Put simply, while China accumulates forex reserves, the US accumulates a corresponding debt. And the Americans are aware that it is the Chinese are the biggest accumulators of the US treasury bonds.
What is indeed intriguing is that a country -- the US -- that prides on being 'independent' of other countries, especially in security affairs, is now caught in a quagmire as it has to be constantly in the good books of the Chinese government if it wants to avoid a sudden shock.
Countries that hold large US dollar denominated forex reserves have a powerful tool in their arsenal -- they could wreck American financial markets at a mere click of a mouse by selling their dollar holdings. Imagine China with a holding nearly $2 trillion worth of treasury bonds seceding to sell the same overnight.
And that could instantaneously dynamite the global financial system as it could suck out liquidity and cause interest rates to shoot through the roof. Remember, the $700 billion package announced last week by the US is precisely aimed at addressing the liquidity crunch within the US.
China, of course, might have no sinister intent, as this would be at a huge cost. But the Chinese know that no country can ever become a global superpower without a cost. As and when the Chinese decide to take a hit on their dollar holdings, global finance could indeed take a roller coaster ride.
Obviously, the Americans' borrowing from China and the Chinese supply of money to the US is indeed an intriguing geo-political game. Surely, this cannot be simple economics by any stretch of imagination.
Given this paradigm, till date experts opine that both are locked in a tight bear hug. According to Lawrence Summers, 'It is a new form of mutually assured destruction that has quietly emerged over the last few years. This implies that China needs the US (for its exports and to park its forex reserves) as much as the US needs China (for imports and borrowings).
So have the Americans played into the hands of Chinese?
Recent events in the US have turned this 'MAD paradigm' upside down. It is in this context that the recent bailout package needs to be viewed, which seeks to increase liquidity over a period of time by the US government taking over sub-prime assets from financial institutions. That, according to the American thinking, is expected to provide liquidity to the US economy.
But it is all these happenings within the US that makes this accumulation of forex reserves by China extremely interesting. It may be noted that the Chinese, unlike the others, have always questioned the global order with the US at the helm of affairs. And the Chinese accumulation of forex reserves is surely a strategy that perhaps has an ominous side to it.
All this is not pure economics as it is made out to be. Rather, it was and remains a well-planned economic, political and military strategy of the Chinese. And in a way it is the mirror image of the Star Wars programme that the then US President Reagan unleashed on the erstwhile USSR in the early eighties that eventually bankrupted the later within a few years as it engaged in competitive arms build-up with the former.
Statecraft is all about engaging other countries at one's own terms, pace, time and cost. This is what the US did to the USSR in the eighties and succeeded in dynamiting that country. And that is what China could do to a vulnerable US in the coming months. Crucially, if it doesn't, from the Chinese perspective it might well rue this moment forever.
The US till date was depending on the Chinese for imports and to finance them as well for such imports. Now they will have to be considerably dependent on the Chinese to protect their currency as well as to ensure liquidity in their money markets. And that completely alters the existing global order.
1 Chinese yuan = Rs 6.9160 1 US dollar = yuan 6.8527 BTW AN IDIAN AIRLINE SACKED 1000 EMPLOYEES TODAY
WELL PLEASE SHOW ME A PERSON WHO DOES NOT LIKE A CHANGE? ALL LIKE A CHANGE ,SPENDLIFETIME IN TRYING TO CHANGE OTHERS WHETHER IN HOME ,COMPANIES OR IN COUNTRIES WELL LADIES ND GENTLEMEN IF ANY LET ME BE HONEST U CANT CHANGE OTHERS ,ONLY THING IS U CAN CHANGE URSELF BUT IS CHANGE IS STATIC? NO CHANGE ITSELF IS CHANGING WHETHER U LIKE IT OR NOT BE IN CENTRE OF STREAM OR U WILL BE THROWN TO BANKS RUTHLESSLY WATS MAGARTE THATCHER TODAY ? ONCE AN IRON LADY LIKE MY LATE MY LATE MOM A FREEDOM FIGHTER WHO REMEBERS OR BOTHERED UR PAST ACHIEVEMENTS / ITS UR PRESENT NAV (NET ASSET VALUE) WHAT IS UR VALUE ON ROAD TODAY ? SORRY FOR BEING BLUNT NOW DO U WANT TO CHANGE? CHOICE IS YOURS WISH U ALL A HAPPY ,PROESPEROUS ,GOOD HEALTH ND PEACEFULL MIND,SOUND SLEEP THAT INCLUDES U AND UR FAMAILY AND ENEMIES TOO IF U HAVE ANY I HAVE NONE GOD BLESS U ALL AND WHY NOT ME ND MY FAMILY ?
QUESTION OPEN TO ALL WHO IS THE MOST IMPOTRTANTPERSON IN YOUR LIFE I HAVE BEEN ASKING THIS QUESTION SINCE YEARS MAY BE 40000 PEOPLE BIT ONLY 14 WERE RIGHT THOSE WHOM I AM IN TOUCH PL DONT REPLY BECAISE I FAILED NAMSTE I HAVE A QUESTION FOR THOSE WHO HAVE KEPT THEIR BLOGS OPEN ONLY TO THEIR FRIENDS UFFFFFFF RCHIK NAMSTE RAINS I REALLY MISS U , FOR UR KNOWLEGE AND I WANT TO DAnCE BEFORE A HORSE ,MY DAUGHTERS WARING A BINDI,BANGLES , hiustuandme yahooooooooooooooooooooooooooooooooooooooo
