http://satyameva-jayate.org/2008/09/18/right-left-economic-policy/

All: Please continue this discussion about economic policy (which is very important for all of us) on the new post here.

Thanks.

I am putting up my case in front of the blog readers.
And while presenting in detailed case one can present
an experts views also, which i am doing by presenting
views of some of the economist and other related to financial markets and banking.

And surely i would support them with statistics/charts and facts and evidence in latter stages on how the dollar is going to weaken

My thesis is simple “Dollar valuation is not real,Get rid of the US dollar and buy some real valued assets”

and why am i interested in US economy or US dollar is because… India holds a US$200billion reserves (and increasing and by the time we’l be in govt it will be in trillions).. which shouldnt turn into tissue paper.

If i was in government i would exchange that US$200 billion into gold or Euros or other currencies,

or by creating soverign fund buy US real estate or like you(patriot) said the most profit making units/products are wood and wheat of US.. so. Buy US agriculture..or buy Microsoft or Oil fields across the world immediately and exit US treasury bills or keep a minimum exposure to it avert financial disaster.

Today in globalized economy we as a govt need to understand.. what is a asset and what is a liability.
So exit US liablities like Dollars and buy US assets like
real estate,agriculture,companies,mines etc.

HENCE POLITICALY ALSO WE ARE NOT ISOLATING US as we are keeping relations in form of Indias soverign assets in US.
And also politely getting rid of their Useless dollar… so we wont face the uncle SAMs direct indirect brunt.

There are many hurdles in the above proposals i have mentioned, right from India creating soverign funds to US allowing India to own their Assets… but since this thread is on “Lets come together to build and new and powerful India” Debates,discussion and consenses building has to be started from now… so when the current generation or we are in power, immediate implementations should take place.

जय हिंद ! जय महाराष्ट्र !!

You have to present hard data to support your thesis. BTW, what is your thesis exactly?

Cheers

Dude, I am sure the pope will be very pleased to hear your comment, but this is NOT true. Christians, like any other religion, are divisive and divided into multiple streams and sects – the major which are Catholicism and Protestantism. The pope is recognised as the supreme religious head only by the Catholics. The Protestants do not recognise either Pope or the Vatican or any of the canons of Roman catholicism. The Christian world is split vertically between these major streams.

Majority Catholic countries – Italy, Spain, France, Portugal, Brazil, Argentina, Mexico, etc
Majority Protestant Countries – UK, USA, Germany, Canada.

The latter have their own spiritual heads, who is different for different countries.

Interestingly, two points to note – one can make a high degree of correlation between poverty and catholic countries, and wealthy and protestant countries. Many claim that capitalism sprung out of the protestant work ethic.

Also, you will note that catholic countries’ (france, portugal, spain) colonies invariably became catholic, forsaking their original religion …. but, not so with protestant countries, who are not evangelizing in nature.

Interesting side topic …. cheers.