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Posts Tagged ‘Economy’

The other day I was watching a BBC newscast where I heard that people in Cuba could now buy personal computers. I rubbed my eyes in disbelief. Were they never buying computers before ? I remember my first computer was an imported 386DX almost 15 years ago. The world has come thus far and now we hear Cubans are going to buy their first computers ! Reforms will now slowly make way into the communist protected Cuban economy. Cubans are heaving a sigh of relief. Castro will no more impose his communist dictatorship over them but everyone knows that Raul is not going to be much better. But i take this chance to sit back and wonder on how fortunate we are here in our country. We are free to buy almost anything(provided you have the money), free to visit places(one Cuban citizen says”Even if we had the money, the government wouldn’t let us leave the country” ), free to choose a profession we like, free to work anywhere, free to educate our kids as we want, free to do any business ( as long as its legal) and free to enjoy the gift of life.

Dear readers, lets wish that things improve in Cuba and other places in the globe where people are struggling to get what we here take almost for granted.

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It is election time in my adopted state. The campaign is getting hotter with the climate. Political parties are following Karunanidhi’s example of electoral success in Tamil Nadu and resorting to offering freebies like Colour TV’s , free power etc. (more…)

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One topic, which every one from economists to common man is discussing today is the high Inflation in our country. For starters, Inflation refers to the general rise in prices over a given period of time. Let us not discuss the statistics behind inflation, that’s not interesting for many of us. What is important though is the fact that prices are rising and the power of your rupee is decreasing. The rupee can buy lesser of a commodity than it used to.

For me and you :

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