harmony
2006-08-21 23:00:18 UTC
the usa stands to be inundated by the hindus. the indian currency ruby is
headed south and will be worth nothing in coming future. the hindus will be
fleeing india big time.
it has not much to do with the hindu productivity, it has to do with the
flaky govt of india.
when you look at the hindu ruby legal tender bill, it says "i promise to pay
......" like any dollar bill does. the hindu legal bill is signed by the a
guy who is the "governor of the reserve bank of india".
naturally, the promise is validated by the confidence in govt of india's
ability and goodfaith in discharging its promised debt. what if you can't
trust the promise of govt of india? simple: the bill is worthless.
this is what the people who are ravaged by the flood in india are
discovering. the govt of india promised them money in full glare
ofinternational media cameras. but it has not yet made good on that promise.
it has been given more than reasonable time to make good. but it can't. the
country may be bankrupt? whatever the reason, the investors are beginning to
seriosuly doubt indian govt's ability to pay its debt.
time to take your money and run from india.
headed south and will be worth nothing in coming future. the hindus will be
fleeing india big time.
it has not much to do with the hindu productivity, it has to do with the
flaky govt of india.
when you look at the hindu ruby legal tender bill, it says "i promise to pay
......" like any dollar bill does. the hindu legal bill is signed by the a
guy who is the "governor of the reserve bank of india".
naturally, the promise is validated by the confidence in govt of india's
ability and goodfaith in discharging its promised debt. what if you can't
trust the promise of govt of india? simple: the bill is worthless.
this is what the people who are ravaged by the flood in india are
discovering. the govt of india promised them money in full glare
ofinternational media cameras. but it has not yet made good on that promise.
it has been given more than reasonable time to make good. but it can't. the
country may be bankrupt? whatever the reason, the investors are beginning to
seriosuly doubt indian govt's ability to pay its debt.
time to take your money and run from india.