While the title of the post may not particularly enlighten you regarding the contention added . I hope the words to come may make things clearer. China, as it is completely and quite aptly named , The People's Republic of China. There has been a recent hulla baloo over the rather devalued price of the yuan, hurting significantly the capitalist giant, Mr. U.S.. While China continues to dominate exports, the US economy enters into a state of vicious helplessness in regard to its increasing trade deficit. It's no big deal to guess for an economically aware entity, that the falling dollar is nothing but hysterics, for it's inevitable for US to promote trade in order to not only promote export but to reduce the perennial fiscal deficit, due to which I must say the Republicans have often scoured on Mr. Obama's collar( they should realise he's hardly to be blamed). While socialist Chinese government remains skeptic of a yuan revaluation , the US perhaps can do nothing but wait.
I hope Gandhi ji was alive to see this, to see from his very own eyes the situation of the western world. A situation I must say, in which they've been reduced to mere puppets. The tangible factor , perhaps, emanates from their much denigrated Asian counterparts, the very nations for whom the IMF was set up nothing but like a beggar's bowl for charity. And mind you, the intention for setting up the IMF couldn't be entirely selfless.
Perhaps this analogy can make things clear. A beggar , sitting in front of a grocery shop, only to be in an inhumanly emaciated state. The owner of the grocery store, considered to be a shrewd , greedy ,money minded bugger remains completely oblivious to the beggar's depriciating condition. He might have left him to die, it wouldn't have perturbed him. Nevertheless, when the grocery store couldn't do business and its commodites were at the verge of rottenning, the owner plays a trick, a trick more rotten than his rottening commodities. He decided to lend the beggar some meagre amount, in full cognizance of the fact that the beggar , no matter how much he tries, would not have been able to return him that amount. Now lets see what happens implicitly , fait accomli that it. The beggar in his sense of urgency to diminish his hunger, buys even a rottening commodity from the grocery store. Therefore a part of the money the owner lent him is back to him allready. What follows is the beggar's unsaid subservience to the grocery store owner, given the beggar's inability to pay the debt. As a matter of fact , the owner gains a free servant. So much said, there is yet another benefit that is perhaps invisible at times, and often the primary bone of contention, the benefit of Social Appreciation. The owner of the grocery store was being seen by the whole community as self less , a ethical, righteous and god fearing man( these adjectives , I'm assuming add implicitly to a person's character upon his/her commiting the act of charity). It is unarguable that in a market of competition, gauging the seller's intention is of primary importance, the radical change in the midset of the people regarding the owner, pleases his sales, thereby adding to his business not the moon but the Sum itself. The owner couldn't be happier, for his investment on the beggar had proved to be too less a cost as compared to his business appreciation. I would leave to the reader to interpret this analogy in his/her own way and find the real identity of the proverbial owner and beggar, for if you can't even do that. you didn't even deserve to read this article in the first place.
Thursday, December 3, 2009
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