Analysis of Indian news dated 14-Jul-2012
July 14, 2012
India still has imports exceeding exports.
India is like a household that spends more than it earns. Sooner or later, the household will have problems. Hence, the Indian rupee keeps falling.
If subsidies on fuel imports are eliminated (along with a reduction in taxes), then trade deficit will reduce.
NHRC investigates 19 police “encounters” and declares that 16 of them were fake. Yet, Indian home minister wants to increase the police powers by passing laws like NCTC. In India, the government is the biggest terror. I say, India needs 2nd amendment like USA, so that citizens can fight back. Unless the citizens fight for their rights, a corrupt government will not give the same.
India’s has poor FII investments.
FII invest if they are convinced that they will make a profit. India’s rupee keeps falling. India keeps increasing taxes and causing profits to drop. India has one of worst bureucracies in the world. So FII investment in India is in peanuts, when compared with other countries.
As cities and states struggle to balance their budgets, folks everywhere are losing their jobs, parks are closing and people most in need are getting left in the dust. As Foster describes in this video blog, it doesn’t have to be this way. Trillions of dollars of taxpayer money is currently sitting in unpublicized government investment funds and people are organizing to get it back. Reference.
Russia passes a broad law that calls for government control of the internet – to protect against child abuse, pornography, and drug trafficking. In realty, the bill will be used to clamp down on political dissent.
Pharma industry is using an old trick. They claim that the H5N1 bird-flu virus is only 3 mutations away from becoming a deadly pandemic in the human population. They are calling for pre-pandemic vaccines.
Let us remember that these Pharma companies have been wrong every time they previously launched a pandemic scare. It is common-sense that a vaccine cannot be developed before the disease itself appears. Also, previous flu vaccines caused more harm than good.
Rings in fossilized trees give the first accurate climate reading dating back to 138 BC. They prove that climate was warmer during the Roman and Medieval period than it is now. The Earth has been slowly cooling for 2000 years. The UN’s climate models are completely wrong. I say, “Global Warming” is a trick to tax people.
200 people are massacred in Syria. UN personnel claim that the Syrian military used tanks and helicopters in the attack. The Syrian government says that the rebel opposition staged the attack to rally world opinion against it.
I say this is a false flag operation by USA. There is no advantage for the Syrian government to launch such an attack, but the rebels (supported by USA) gain political advantage by doing so and blaming Assad.
MF Global CEO John Corzaine walks free, while PFGBEST’s CEO Wasendrof is arrested. What is the difference? The difference is Corzaine in an insider, an Elite, a part of select group. Arresting him will cause inconvenience for others. Wasendrof area of influence is small. Moral of the story: Don’t steal billions, unless you have bribed politicians and big bankers.
LIBOR scandal proves that interest rates in UK were manipulated. But, what about other countries? FED manipulated interest rates in USA. RBI manipulates interest rates in India. There is no market determined interest rates in USA / India. These countries have just made interest manipulation legal.
Interest manipulation is illegal in UK, but legal in India and USA! This is one of the major reasons for inflation.
The build-up of weapons near Syria and Iran continues. The US Navy is rushing dozens of unmanned underwater craft to the Persian Gulf to detect and destroy mines in a major military buildup aimed at preventing Iran from closing the strategic Strait of Hormuz in the event of war. Russia is sending a war-ship to Syria / Iran.
USA wants a war with Iran and Syria because Iranian oil is not under USA control. USA wants everything important under their control.
Also Obama thinks a war will divert people attention from failing economy and help him in coming elections.
Expect Oil and Gold to rise significantly in coming months.
Buy physical gold and silver to protect yourself. If you cannot touch it, you don’t own it. Exit all paper investments including ETFs, stocks, PF, PPF, NSC, etc.
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