Comments on: Dollar Crisis and the Reversal of Globalization, by Shobhit Mathur http://www.hinduyuva.org/tattva-blog/2008/09/dollar-crisis-and-the-reversal-of-globalization-by-shobhit-mathur/ An International Online Monthly Magazine for Hindu Youth Wed, 10 Mar 2010 15:09:43 +0000 http://wordpress.org/?v=2.6 By: steve http://www.hinduyuva.org/tattva-blog/2008/09/dollar-crisis-and-the-reversal-of-globalization-by-shobhit-mathur/#comment-14518 steve Tue, 03 Mar 2009 02:16:07 +0000 http://www.hinduyuva.org/tattva-blog/?p=430#comment-14518 can anyone tell me a good section to go for, for options? can anyone tell me a good section to go for, for options?

]]> By: Jyotikar Pattni http://www.hinduyuva.org/tattva-blog/2008/09/dollar-crisis-and-the-reversal-of-globalization-by-shobhit-mathur/#comment-812 Jyotikar Pattni Sun, 07 Sep 2008 14:17:11 +0000 http://www.hinduyuva.org/tattva-blog/?p=430#comment-812 Prannam Namaskaram:from www.hanss.co.uk The following was a reply given to one prominent writer Robert Sachs an Ayurvedic Spiritual Master in California USA by Jyotikar:Sharing with you: Economies of scale – America The paradigm of international price-conscious commercial competition and the acute shortage of energy supply are endemic consequence of market imperfections. It appears that scale economies can accelerate progress towards international competitiveness and perhaps enhance domestic growth by invoking foreign investments into the country with some taxation incentives afforded. Many policy reforms envisaged to influence the generic balance of payment deficit of the United Sates of America are economic facilities, domestic spending, and commercial consumerism and entail any forthcoming government to enhance: • Education reforms • Healthcare reforms • Social services and welfare for the pensioners, retired, incapacitated, disabled, and family welfare [including single parent families]. • Consumer pricing and structural Inflation measures • ENERGY like electricity, power, gas and water and OIL • Trading standards and reforming the charter of international trade • Employment welfare and reforming the employment charter so that there are training programs in place for those who are actively seeking work. • Investment reforms; to afford foreign investors incentives to invest in technology, production plants, and manufacturing. American production and distribution reforms, and international joint ventures. One particular area of such reforms must incorporate MEXICO- and the NORTH-SOUTH dialogue so that maximum proliferations are attained from South America rich in many minerals. Therefore, mining, and oil drilling, production plants and manufacturing plants are examples of premises upon which joint ventures with Mexico can be rich and powerful. • The lowered interest rates will help in the short to medium term whilst rendering incentives to foreign investments will become imminent to raise interest rates after 2010. On the taxation reforms, the biggest challenge is that of creating a structure of taxation system fair and reasonable to all quarters including the corporation tax, income tax, property tax, inheritance tax, capital gains tax, and setting up SAVINGS incentives for the middle class. Therefore, it is not about individuals or pointing fingers or blaming individuals but about the manner in which the “ADMINISTRATION” or the “POWER-HUB” spent the core AMERICAN RESERVES, the core AMERICAN savings, the CORE AMERICAN money towards AFGHANISTAN AND IRAQ in order to eradicate INTERNATIONAL FANATIC TERRORISM. When FANATIC TERRORISM threatens USA, and when a giant like USA has drained nearly all its reserves, to combat world-class fanatic terrorism most of its resources in particular in the main the cost of OIL and the cost of resources employed towards the IRAQ and AFGHANISTAN wars what does one expect to see? Obviously, the VETO of the invasion of IRAQ in principle was NOT America’s affair nor was the invasion of Afghanistan. However, when the International commonwealth and international countries remain selfish, self-centred, and unc0-operative towards uniting forces to eradicate terrorism and injustice in Afghanistan and Iraq, USA and UK both decided to ally side by site to combat international fanatic terrorism and become PRIME opponents of the fanatic terrorism. Fanatic Terrorism is a nuisance. It is a parasite growing like leaches creating fear and insecurity in human societies. However, fanatic terrorism is also collectively a reaction of suppression and oppression. Long-term suppression and oppression emanates from differential discrimination based on ‘social hatred’. For example, Pakistan has been the centre stage of such self-destructive pediment of human hatred. One forthcoming biggest such social hatred is THE IRAN fundamentalists awaiting to create another upheaval in the middle east. The Great people of AMERICA and the USA need compassionate understanding and international humanity to congress together to unite together in recovering its doomed economy and doomed dollar. This can only manifest from many healthy joint ventures, and much production of America’s own resources. On the one hand, Obama-Bidden ticket speaks of generating welfare systems and generating so much social healing, global healing, and international diffusion of warfare. On the other hand, the dilemma stares such ambitious thesis with threatening security, threatening fears of further doom in American dollar and threatening terrorism. However, the crux of the theory of Obama-Bidden ticket is funding the social welfare and health care. Giving away money implies generating the same into the balance of payments. Unless a miracle catalyst is created by sheer miraculous ‘Obama-Bidden’ ticket, I personally as an economist see it as a theory. The biggest challenge and the by far the greatest challenge that the forthcoming leadership has in hand is the transformation of a failed economy. To transform and to make a turnaround firstly we will need to make AMERICA a little more independent and proudly producing its own energy, its own production, and its own manufacture. Much is needed to inject into the technological and only through technology and INNOVATION can THE GREAT USA slowly and gradually rise back onto its feet again. This is a crucial time for USA regardless. The people of the USA cannot afford to make a mistake in enacting true leadership, leadership based on integrity, character, and strength; leadership based on trust and faith; leadership based on competence and ability; leadership based on credibility and substance. GOD BLESS THE PEOPLE OF THE GREAT U.S.A. Prannam Namaskaram:from http://www.hanss.co.uk

The following was a reply given to one prominent writer Robert Sachs an Ayurvedic Spiritual Master in California USA by Jyotikar:Sharing with you:

Economies of scale – America

The paradigm of international price-conscious commercial competition and the acute shortage of energy supply are endemic consequence of market imperfections. It appears that scale economies can accelerate progress towards international competitiveness and perhaps enhance domestic growth by invoking foreign investments into the country with some taxation incentives afforded.
Many policy reforms envisaged to influence the generic balance of payment deficit of the United Sates of America are economic facilities, domestic spending, and commercial consumerism and entail any forthcoming government to enhance:
• Education reforms
• Healthcare reforms
• Social services and welfare for the pensioners, retired, incapacitated, disabled, and family welfare [including single parent families].
• Consumer pricing and structural Inflation measures
• ENERGY like electricity, power, gas and water and OIL
• Trading standards and reforming the charter of international trade
• Employment welfare and reforming the employment charter so that there are training programs in place for those who are actively seeking work.
• Investment reforms; to afford foreign investors incentives to invest in technology, production plants, and manufacturing. American production and distribution reforms, and international joint ventures. One particular area of such reforms must incorporate MEXICO- and the NORTH-SOUTH dialogue so that maximum proliferations are attained from South America rich in many minerals. Therefore, mining, and oil drilling, production plants and manufacturing plants are examples of premises upon which joint ventures with Mexico can be rich and powerful.
• The lowered interest rates will help in the short to medium term whilst rendering incentives to foreign investments will become imminent to raise interest rates after 2010.
On the taxation reforms, the biggest challenge is that of creating a structure of taxation system fair and reasonable to all quarters including the corporation tax, income tax, property tax, inheritance tax, capital gains tax, and setting up SAVINGS incentives for the middle class. Therefore, it is not about individuals or pointing fingers or blaming individuals but about the manner in which the “ADMINISTRATION” or the “POWER-HUB” spent the core AMERICAN RESERVES, the core AMERICAN savings, the CORE AMERICAN money towards AFGHANISTAN AND IRAQ in order to eradicate INTERNATIONAL FANATIC TERRORISM.
When FANATIC TERRORISM threatens USA, and when a giant like USA has drained nearly all its reserves, to combat world-class fanatic terrorism most of its resources in particular in the main the cost of OIL and the cost of resources employed towards the IRAQ and AFGHANISTAN wars what does one expect to see?
Obviously, the VETO of the invasion of IRAQ in principle was NOT America’s affair nor was the invasion of Afghanistan. However, when the International commonwealth and international countries remain selfish, self-centred, and unc0-operative towards uniting forces to eradicate terrorism and injustice in Afghanistan and Iraq, USA and UK both decided to ally side by site to combat international fanatic terrorism and become PRIME opponents of the fanatic terrorism.
Fanatic Terrorism is a nuisance. It is a parasite growing like leaches creating fear and insecurity in human societies. However, fanatic terrorism is also collectively a reaction of suppression and oppression. Long-term suppression and oppression emanates from differential discrimination based on ‘social hatred’. For example, Pakistan has been the centre stage of such self-destructive pediment of human hatred. One forthcoming biggest such social hatred is THE IRAN fundamentalists awaiting to create another upheaval in the middle east.
The Great people of AMERICA and the USA need compassionate understanding and international humanity to congress together to unite together in recovering its doomed economy and doomed dollar.
This can only manifest from many healthy joint ventures, and much production of America’s own resources.
On the one hand, Obama-Bidden ticket speaks of generating welfare systems and generating so much social healing, global healing, and international diffusion of warfare. On the other hand, the dilemma stares such ambitious thesis with threatening security, threatening fears of further doom in American dollar and threatening terrorism. However, the crux of the theory of Obama-Bidden ticket is funding the social welfare and health care. Giving away money implies generating the same into the balance of payments. Unless a miracle catalyst is created by sheer miraculous ‘Obama-Bidden’ ticket, I personally as an economist see it as a theory.
The biggest challenge and the by far the greatest challenge that the forthcoming leadership has in hand is the transformation of a failed economy. To transform and to make a turnaround firstly we will need to make AMERICA a little more independent and proudly producing its own energy, its own production, and its own manufacture. Much is needed to inject into the technological and only through technology and INNOVATION can THE GREAT USA slowly and gradually rise back onto its feet again. This is a crucial time for USA regardless.
The people of the USA cannot afford to make a mistake in enacting true leadership, leadership based on integrity, character, and strength; leadership based on trust and faith; leadership based on competence and ability; leadership based on credibility and substance.
GOD BLESS THE PEOPLE OF THE GREAT U.S.A.

]]> By: Jyotikar Pattni http://www.hinduyuva.org/tattva-blog/2008/09/dollar-crisis-and-the-reversal-of-globalization-by-shobhit-mathur/#comment-788 Jyotikar Pattni Fri, 05 Sep 2008 23:37:40 +0000 http://www.hinduyuva.org/tattva-blog/?p=430#comment-788 THE NEW socio-economic and SCARCITY of reserves facing USA. It is of interest to learn that USA is in deep financial crises for the first time in the history. From a deficit of -50billion to a deficit of nearly -400 billion dollars, over 1978 to now, and especially over the last five years, the Bush administration has put much of American resources to WAR in Iraq and Afghanistan. Whether or not one appreciates it or not, the Bush government has lent USA into heavy burden. One might not see at in karmic sense but the karma of USA is surely not looking so good. The next president will inherit a deficit of about $400 billion, and maybe more. Unless the economy rebounds in miraculous recovery and revenue pours in deficits will push the cumulative federal debt past $12 trillion in the next five years. The problem facing USA is GOLD PRICE, OIL PRICE AND stagnant property market, stagnant economy and stagnant commerce. Obama Barack is accusing McCain-Palin team of continuing the blunders of the Bush Administration whilst promising the American people better health care, welfare state and education and much more. However the key question is where is he going to generate the REVENUE from to boost the American dollar? From foreign dollar investments? Of which his entire team has zero knowledge or know how? Whilst Obama Barack projects that he will heal the planet earth and give solace to the middle class and poor people of the USA by spending the American Dollar more, on health care, education and state welfare system, Obama team have no specific strategy in hand to demonstrate the influx of revenue nor dollar recovery program. Too much is at stake in the USA for the political agenda and people of the USA need to be careful. In the context of pure character, integrity and faith, an American Citizen going to vote in November has to ponder and consider whom to believe in turning the economy around from sinking further pulling together ashore to at least recovery or replenishment or hope and proliferation of the dollar. Current interest rates in USA are averaging 2% to 3 %. However, this is a reflection of the lack of M3 money circulation and absence of GOLD reserves in the USA federal bank. If USA had Gold stocks, it would have alternative options. What does USA currently need? A country so vulnerable, wound, and bruised from sacrificing towards the international fundamental fanatic terrorism and a country that has been battered by international fundamental fanatic terrorism firstly needs SECURITY. Secondly, a country a Great Nation that has lost so much of its resources and energy needs recouping in terms of revenue and international trade investments, international stock acquisitions, international mergers and acquisitions, and diversification. Letting countries like INDIA and CHINA and AFRICA and AUSTRALIA bring in foreign investments would entail that much encouragement is given towards corporate investments, business investments, company schemes, immigration based on business visa and bringing American revenue by creation of JOBS. This can only manifest under the pure conservative and practical Palin-McCain team. As this team shows and demonstrates practical feasibility of opting for alternative energy resources and alternative oil that will rejuvenate U.S.A. Obama team has no experience of turning around the weakened dollar and strengthening the USA dollar other than to spend more dollars. The dollar is NOT the issue but the symptom and manifestation of an economy that has turmoil. It is not the disease but the symptom of the diseased economy that is sick. Here we have a paradox that only American people can resolve all together. It is with great divine hope and divine intention that unity and united strength is what AMERICA needs. A collective togetherness over firm belief that U.S.A. firmly needs protection against foreign terrorists invading the country, the people of USA need to be safe and fear free and to contemplate upon joint ventures with India, far east, and Africa in many foreign diversification and differentiated businesses then only can dollar recover its footing. So this is the paradox – “true leadership”. Aum Tat Sat. Jyotikar Pattni THE NEW socio-economic and SCARCITY of reserves facing USA.
It is of interest to learn that USA is in deep financial crises for the first time in the history.
From a deficit of -50billion to a deficit of nearly -400 billion dollars, over 1978 to now, and especially over the last five years, the Bush administration has put much of American resources to WAR in Iraq and Afghanistan.
Whether or not one appreciates it or not, the Bush government has lent USA into heavy burden. One might not see at in karmic sense but the karma of USA is surely not looking so good.
The next president will inherit a deficit of about $400 billion, and maybe more. Unless the economy rebounds in miraculous recovery and revenue pours in deficits will push the cumulative federal debt past $12 trillion in the next five years.
The problem facing USA is GOLD PRICE, OIL PRICE AND stagnant property market, stagnant economy and stagnant commerce.
Obama Barack is accusing McCain-Palin team of continuing the blunders of the Bush Administration whilst promising the American people better health care, welfare state and education and much more. However the key question is where is he going to generate the REVENUE from to boost the American dollar? From foreign dollar investments? Of which his entire team has zero knowledge or know how?
Whilst Obama Barack projects that he will heal the planet earth and give solace to the middle class and poor people of the USA by spending the American Dollar more, on health care, education and state welfare system, Obama team have no specific strategy in hand to demonstrate the influx of revenue nor dollar recovery program. Too much is at stake in the USA for the political agenda and people of the USA need to be careful. In the context of pure character, integrity and faith, an American Citizen going to vote in November has to ponder and consider whom to believe in turning the economy around from sinking further pulling together ashore to at least recovery or replenishment or hope and proliferation of the dollar.
Current interest rates in USA are averaging 2% to 3 %. However, this is a reflection of the lack of M3 money circulation and absence of GOLD reserves in the USA federal bank.
If USA had Gold stocks, it would have alternative options.
What does USA currently need? A country so vulnerable, wound, and bruised from sacrificing towards the international fundamental fanatic terrorism and a country that has been battered by international fundamental fanatic terrorism firstly needs SECURITY. Secondly, a country a Great Nation that has lost so much of its resources and energy needs recouping in terms of revenue and international trade investments, international stock acquisitions, international mergers and acquisitions, and diversification.
Letting countries like INDIA and CHINA and AFRICA and AUSTRALIA bring in foreign investments would entail that much encouragement is given towards corporate investments, business investments, company schemes, immigration based on business visa and bringing American revenue by creation of JOBS. This can only manifest under the pure conservative and practical Palin-McCain team. As this team shows and demonstrates practical feasibility of opting for alternative energy resources and alternative oil that will rejuvenate U.S.A.
Obama team has no experience of turning around the weakened dollar and strengthening the USA dollar other than to spend more dollars.
The dollar is NOT the issue but the symptom and manifestation of an economy that has turmoil. It is not the disease but the symptom of the diseased economy that is sick.
Here we have a paradox that only American people can resolve all together. It is with great divine hope and divine intention that unity and united strength is what AMERICA needs. A collective togetherness over firm belief that U.S.A. firmly needs protection against foreign terrorists invading the country, the people of USA need to be safe and fear free and to contemplate upon joint ventures with India, far east, and Africa in many foreign diversification and differentiated businesses then only can dollar recover its footing. So this is the paradox – “true leadership”.
Aum Tat Sat.
Jyotikar Pattni

]]> By: Jyotikar Pattni http://www.hinduyuva.org/tattva-blog/2008/09/dollar-crisis-and-the-reversal-of-globalization-by-shobhit-mathur/#comment-676 Jyotikar Pattni Wed, 03 Sep 2008 22:47:33 +0000 http://www.hinduyuva.org/tattva-blog/?p=430#comment-676 THE FUTURE OF WESTERN ECONOMIES: It is true that cutting costs and reducing our luxuries will be the only way forward for us in the U.K., U.S.A, AND EUROPE with the oil prices increasing and with oil shortage. The cost of consumptions, food, clothings, everything will be tenfold in two years. Our hope is that the inflation will be culminated by lowered interest rates but in dismal uncertainty. What will happen to U.K., is a total crash and total gloom as predicted by our prime minister Gordon Brown and economists in the next 18 months. What is happening in the USA is even worst with the political agenda. God save our QUEEN for she is truly an amazing humanbeing. We are happy in the U.K., because of her grace. May God grant us the serenity to accept the things we cannot change the great courage and strength to change the things we can and the divine wisdom to understand VALUE. "Value" is worth more than the price tag based on supply and demand. Value touches the chord of humanity, human integrity and human life processes. Love and peace to the Great USA. May the dollar recover over time with great dignity, great leadership and great contribution by great Americans. In you great American PEOPLE we believe, in God we trust! AUM SHANTIH JAYA SHREE HARI THE FUTURE OF WESTERN ECONOMIES:
It is true that cutting costs and reducing our luxuries will be the only way forward for us in the U.K., U.S.A, AND EUROPE with the oil prices increasing and with oil shortage. The cost of consumptions, food, clothings, everything will be tenfold in two years. Our hope is that the inflation will be culminated by lowered interest rates but in dismal uncertainty. What will happen to U.K., is a total crash and total gloom as predicted by our prime minister Gordon Brown and economists in the next 18 months. What is happening in the USA is even worst with the political agenda. God save our QUEEN for she is truly an amazing humanbeing. We are happy in the U.K., because of her grace. May God grant us the serenity to accept the things we cannot change the great courage and strength to change the things we can and the divine wisdom to understand VALUE. “Value” is worth more than the price tag based on supply and demand. Value touches the chord of humanity, human integrity and human life processes. Love and peace to the Great USA. May the dollar recover over time with great dignity, great leadership and great contribution by great Americans. In you great American PEOPLE we believe, in God we trust!
AUM SHANTIH
JAYA SHREE HARI

]]> By: madhu hebbar http://www.hinduyuva.org/tattva-blog/2008/09/dollar-crisis-and-the-reversal-of-globalization-by-shobhit-mathur/#comment-618 madhu hebbar Tue, 02 Sep 2008 17:01:53 +0000 http://www.hinduyuva.org/tattva-blog/?p=430#comment-618 Excellent issue of tattva. Covers a wide range of topics. I'm pleased with coverage of HSS and their youth activities. Article on Dollar crisis is to be commended since I see many youth (even many adults) seem to be totally indifferent to this area. I;m glad Shobhit gave a good summary of the topic... Excellent issue of tattva. Covers a wide range of topics. I’m pleased with coverage of HSS and their youth activities.

Article on Dollar crisis is to be commended since I see many youth (even many adults) seem to be totally indifferent to this area. I;m glad Shobhit gave a good summary of the topic…

]]> By: Charles Pierce http://www.hinduyuva.org/tattva-blog/2008/09/dollar-crisis-and-the-reversal-of-globalization-by-shobhit-mathur/#comment-599 Charles Pierce Mon, 01 Sep 2008 15:03:23 +0000 http://www.hinduyuva.org/tattva-blog/?p=430#comment-599 I was pleased to find and read your blog. 20 years ago I had a book published on different economic concepts to point the way to a sustainable world economy. Someone who liked the book recently contacted me to suggest that I update and re-publish it as a blog. She set up the blog, and the book is now complete on the blog in a series of postings. Here is the link: http://www.economicsforaroundearth.com With all good wishes, Charles Pierce I was pleased to find and read your blog. 20 years ago I had a book published on different economic concepts to point the way to a sustainable world economy. Someone who liked the book recently contacted me to suggest that I update and re-publish it as a blog. She set up the blog, and the book is now complete on the blog in a series of postings. Here is the link:

http://www.economicsforaroundearth.com

With all good wishes,
Charles Pierce

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