Showing posts with label greenback. Show all posts
Showing posts with label greenback. Show all posts

Sunday, 5 August 2012

India to Jim O'Neill: "Shut up, you're not even my real Dad!"

Maybe it's just because I live with other five other post-college twenty-somethings, but at times this country seems like it's organized with all the care and common sense of a hormonally challenged, demotivated adolescent. So I guess I wasn't surprised that the hardass father of the BRICs, Jim O'Neill of Goldman Sachs, would speak to the country en masse as if he were talking to his loser teenage son.

"The country's huge power blackouts highlight once more the scale of their challenges, and at the same time, ongoing economic indicators lead more to scale back cyclical GDP forecasts. In addition, they are the one BRIC nation that doesn't appear to be here on mass in London. What is the matter with you guys?"

"Dammit, India!" O'Neill went on to say. "You forgot to take out the trash...again...and hell if your gonna sit on your ass all summer while your friends are out playin' sports. Get your shit together, son!"

"Clone High" had Gandhi right all along...
I was also discouraged to see that O'Neill specified India as the BRIC that has disappointed him the most at a recent investor conference. Well, O'Neill, you may not be proud of your son's report card, so to speak, but that poke at the lack of athletic prowess is just a low blow -- just wait till they put cricket in the Olympics! India is still too big and fast-growing to count out...O'Neill knows this...and the computer nerds always get the last laugh anyway. As a proud hanger-on of computer nerds, I hope to be laughing right there with 'em. Either that or getting back to Virginia and kissing that sweet, stable American soil, I haven't really decided yet.

Sunday, 15 July 2012

Drug Makers: "Fuck this, we're going to India."

At my job recently, I've been researching certain pharmaceutical and biotechnology companies investments in emerging markets -- particularly Brazil, India and China -- and hot dog if these companies aren't licking their chops at the opportunities. Pricing pressures in the U.S. and Europe means that drug companies are going to increasingly rely on the exploding middle classes of BRIC countries to drive sales. Spending on drugs are going to double in emerging markets in the next five years, according to the New York Times - now that's a win/win for drug companies and B.Doyle. Oh yea, and for India.

Above: India and pharmaceutical companies, meeting for the first time. 
Needless, I'm going to walk to work with a little extra pep in my step tomorrow. Unless it's monsooning again...in that case I'll tell the rickshaw driver to sing that lil' Hindi diddy extra loud, for ol' B.Doyle. Fuck ya.

Sunday, 8 July 2012

Tha Swiss Connection

On my flight to Mumbai, I had a two hour layover in Switzerland. They were two of the cleanest, most pleasant hours of my life. I indulged in some deliciously nutty authentic Swiss chocolate from an airport vendor, explored the sleek, somewhat Euro-hipster designed airport -- bathroom doors were constructed of polished metal -- and admired the view of the mountains from the airport bay windows. 

The flight over to Mumbai on Swiss Air was equally delightful -- the vegetarian pizza they served was top-notch, and even the seats in the economy-section were roomy and comfortable. 

So landing in Mumbai and stepping off the squeaky-clean Swiss Air jet into a wave of heat and curry smell was not the most desirable contrast.

Above: If I could live on that jet, I would.

Since my all-too-short time in Europe, I have vowed to go back there as soon as feasibly possible and plan a good ol' fashioned EuroTrip. For me, this is actually a fairly big step forward: before this year, I was truthfully baffled whenever someone listed "traveling" as one of their favorite hobbies. But it's amazing what two hours near the Swiss Alps can do to a person's psyche. 

However, before I experience Europe I still have pretty much every landmark in Mumbai alone to visit. Yeah, this past month hasn't quite brought me outside of a ten-mile radius. 

In the meantime, I've been watching this video to get me pumped up about traveling in general. WE NO SPEAK HINDI!


Wednesday, 4 July 2012

Indian Rupee at Seven-Week High; "The Amazing Spiderman" is Dubious; And Other News

This was a cray cray week; I saw "The Amazing Spiderman" in iMax 3D. That night was significant because it also marked my first time truly getting "caught" in an Indian monsoon. We were stuck for about an hour in a small Wadala back-alley market -- with no electricity -- as the streets got more and more flooded and the imposing Indian locals inched creepily close.

But perhaps even more important: the Indian rupee is rebounding! According to the Wall Street Journal, it reached a seven-week high against the U.S. dollar yesterday. Now if only if the dollar can sink below that 53.79 rupees mark, I can REALLY celebrate this Fourth of July!

Oh yeah, by the way, the Amazing Spiderman was WeakSauce Malloy. I'm pretty sure they just rummaged through Sam Raimi's office trashbin for the storyline. My good friend Hipster Spiderman would be ashamed.