Tuesday, July 07, 2015

Political Reform For China

China is a one party state. It is a wounded civilization. How would you feel if you were Mayor of town generation after generation, and suddenly they conspire against you make you the town janitor? China is the emperor who is no longer the emperor in the movie The Last Emperor, or at least was until about 1990. Now the Mayor is back in town.



China is an ancient civilization and you have to respect that if you want to deal with it.

So it is a matter of pride. China is not about to become a multi-party democracy where the communist party is no longer above the state. But there still is need for political reform.

One idea would be that the communist party would select two people for every office, be it Mayor or Governor, or President, and the people, through adult franchise, would vote and pick one of the two. Both candidates would get equivalent funds from the party for campaigning.

This would be bold, this would retain the one party state, this would be a major, visible move.

Another, my favorite, is, Mr. Xi, "tear down this wall" you have wrapped around the Internet.

China: A Complex Picture
Kunming Kolkata
Bihar@2025 = $240 Billion
१५% Growth Rake कैसे Achieve करें
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A Genuine World Government
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Elon Musk's Hyperloop And India
न्यु यर्क मेरा होमटाउन
Climate Change, Terrorism, Poverty, World Government

Nearly 25% of Chinese stocks have stopped trading
China's stock markets have now lost $3.25 trillion. To put that in perspective, that's more than the size of France's entire stock market and about 60% of Japan's market.
Greek crisis is nothing compared to China
Why does this matter to people outside of China? A rapidly sinking stock market is often a sign of an economy in turmoil. Remember 2008? And 2000? .... U.S. banks have nearly ten times as much exposure to China than Greece.

Sunday, July 05, 2015

Hindu Rate Of Growth

आजादी के ४० साल तक भारत दुनिया भर में मजाक बना रहा। अगर जनसँख्या वृद्धि दर भी २% हो और आर्थिक वृद्धि दर भी २% हो तो देश आगे बढ़ा ही नहीं। अगर उस स्थिति में कोई भी व्यक्ति या कारपोरेशन १०% के रेट पर ग्रो करती है तो सीधा हिसाब बैठता है कि गरीब और भी गरीब हो गए। इसी लिए सत्यजित रे के फिल्मों में जो गाओं दिखता है अभी भी वही गाउँ दिखता है।

Population Growth को १% के रास्ते से zero per cent की ओर ले जाओ। आर्थिक ग्रोथ रेट तो १५% पर ले जाओ। तब गब्बर बोलेगा: "अब आएगा मजा खेल का!"