Album : Jaane Tu Ya Jaane Na
Music: A.R. Rehmaan
Kahin to.. kahin to.
Hogi woh
Duniya jahan tu mere saaath hain
Chaha mein chaha tu
Aur jaan bas tere mere zajbaat hain
Hogi jahan saba teri
Palkon ki kirano mein
Lori jahan chand ki
Sune teri bahon mein...
[Jane na kahan woh duniya hai
Jane na woh hai bhi ya nahi
Jahan meri zindagi mujhse
Inti kafa nahi ] - [2]
Saasein kho gai hai kiski aahon mein
Mein kho gai hoon jane kiski baahon mein
Manzilon se rahe dhondte chali
Aur kho gai hai manzil kahin rahon mein
Kahin to kahin to hai nasha
Teri meri har mulakat mein
Hoton se hoton ko
Chumti o rehete hai hum har baat pe
Kehti hain fiza jahan
Teri zaameen aasman
Lyricsmasti
Jahan hai tu
Meri hasi meri khushi
Meri jaan....
[Jane na kahan woh duniya hai
Jane na woh hai bhi ya nahi
Jahan meri zindagi mujhse
Inti kafa nahi ]- [2]
About Me...
- Mihir
- I have gone to find myself, please keep me here if I get back before I return. Does it make sense to you?
Sunday, July 6, 2008
Kahin to hogi ho - lyrics
Thursday, July 3, 2008
Saving is sin and spending is virtue.....
The Japanese save a lot. They do not spend much.
Also Japan exports far more than it imports.
Has an annual trade surplus of over $100 billion, yet Japanese economy is considered weak, even collapsing.
Americans spend, save little.
Also US import more than it exports.
Has an annual trade deficit of over $400 billion.
Yet, the American economy is considered strong and trusted to get stronger.
But where from do Americans get money to spend?
They borrow from Japan, China, and even India.
Virtually others save for the US to spend.
Global savings are mostly invested in US, in dollars.
India itself keeps its foreign currency assets of over $50 billions in US securities.
China has sunk over $160 billion in US securities.
Japan's stakes in US securities is in trillions.
Result:
The US has taken over $5 trillion from the world.
So, as the world saves for the US, Americans spend freely.
Today, to keep the US consumption going, that is for the US economy to work, the countries have to remit $180 billion every quarter that is $2 billion a day to the US!
Otherwise the US economy would go for a sick.
So will the global economy.
The result will be no different if US consumers begin consuming less.
A Chinese economist asked a neat question.
Who has invested more, US in China, or China in US?
The US has invested in China less than half of what China has invested in US.
The same is the case with India. We have invested in US over $50 billion.
But the US has invested less than $20 billion in India.
Why the world is after US?
The secret lies in the American spending, that they hardly save.
In fact they use their credit cards to spend their future income.
That the US spends is what makes it attractive to export to the US.
So US imports more than what it exports year after year.
The result:
The world is dependent on US consumption for its growth.
By its deepening culture of consumption, the US has habituated the world to feed on US consumption.
But as the US needs money to finance its consumption, the world provides the money.
It's like a shopkeeper providing the money to a customer so that the customer keeps buying from his shop. The customer will not buy; the shop won't have business, unless the shopkeeper funds him.
The US is like the lucky customer.
And the world is like the helpless shopkeeper financier.
Who is America's biggest shopkeeper financer?
Japan of course.
Yet it's Japan which is regarded as weak.
Modern economists complain that Japanese do not spend, so they do not Grow.
To force the Japanese to spend, the Japanese government exerted itself.
Reduced the savings rates, even charged the savers Even then the Japanese did not spend (habits don't change, even with taxes, do they?).
Their traditional postal savings alone is over $1.2 trillions, about three times the Indian GDP.
Thus, savings, far from being the strength of Japan, has become its pain.
Hence, what is the lesson?
A nation cannot grow unless the people spend, not save. Not just spend, but borrow and spend.
Dr. Jagdish Bhagwati, the famous Indian-born economist in the US, told that don't wastefully save.
Start spending, on imported cars and, seriously, even on cosmetics! This will put all nations on a growth curve.
'Saving is sin, and spending is virtue.'
Before you follow this neo economics, get some fools to save so that you can borrow from them and spend.
This is what US has successfully done in last few decades.
Part 2 continued here
Also Japan exports far more than it imports.
Has an annual trade surplus of over $100 billion, yet Japanese economy is considered weak, even collapsing.
Americans spend, save little.
Also US import more than it exports.
Has an annual trade deficit of over $400 billion.
Yet, the American economy is considered strong and trusted to get stronger.
But where from do Americans get money to spend?
They borrow from Japan, China, and even India.
Virtually others save for the US to spend.
Global savings are mostly invested in US, in dollars.
India itself keeps its foreign currency assets of over $50 billions in US securities.
China has sunk over $160 billion in US securities.
Japan's stakes in US securities is in trillions.
Result:
The US has taken over $5 trillion from the world.
So, as the world saves for the US, Americans spend freely.
Today, to keep the US consumption going, that is for the US economy to work, the countries have to remit $180 billion every quarter that is $2 billion a day to the US!
Otherwise the US economy would go for a sick.
So will the global economy.
The result will be no different if US consumers begin consuming less.
A Chinese economist asked a neat question.
Who has invested more, US in China, or China in US?
The US has invested in China less than half of what China has invested in US.
The same is the case with India. We have invested in US over $50 billion.
But the US has invested less than $20 billion in India.
Why the world is after US?
The secret lies in the American spending, that they hardly save.
In fact they use their credit cards to spend their future income.
That the US spends is what makes it attractive to export to the US.
So US imports more than what it exports year after year.
The result:
The world is dependent on US consumption for its growth.
By its deepening culture of consumption, the US has habituated the world to feed on US consumption.
But as the US needs money to finance its consumption, the world provides the money.
It's like a shopkeeper providing the money to a customer so that the customer keeps buying from his shop. The customer will not buy; the shop won't have business, unless the shopkeeper funds him.
The US is like the lucky customer.
And the world is like the helpless shopkeeper financier.
Who is America's biggest shopkeeper financer?
Japan of course.
Yet it's Japan which is regarded as weak.
Modern economists complain that Japanese do not spend, so they do not Grow.
To force the Japanese to spend, the Japanese government exerted itself.
Reduced the savings rates, even charged the savers Even then the Japanese did not spend (habits don't change, even with taxes, do they?).
Their traditional postal savings alone is over $1.2 trillions, about three times the Indian GDP.
Thus, savings, far from being the strength of Japan, has become its pain.
Hence, what is the lesson?
A nation cannot grow unless the people spend, not save. Not just spend, but borrow and spend.
Dr. Jagdish Bhagwati, the famous Indian-born economist in the US, told that don't wastefully save.
Start spending, on imported cars and, seriously, even on cosmetics! This will put all nations on a growth curve.
'Saving is sin, and spending is virtue.'
Before you follow this neo economics, get some fools to save so that you can borrow from them and spend.
This is what US has successfully done in last few decades.
Part 2 continued here
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