State of the economy.
I have blogged about this before, rising petrol prices are good for the country. http://www.dudurudh.blogspot.in/2011/10/rising-fuel-prices-best-solution-to-our.html?m=1 What is not good for the country though, is the depreciating rupee, the rising CAD and all the problems that come with it. Dr Manmohan Singh, in parliament recently said that " we must control our appetite for gold and economise our use of fuel". Now what good is an economist prime minister if he can't run the country's finances without asking the people of the country to " control their appetite for gold and economise their use of fuel", Right? Wrong. Think about it. We're a large country blessed with a lot of resources. Unfortunately, we don't have gold or oil reserves. Well not enough of either anyway. So we need to import both. And we can only buy in dollars. When we don't have enough dollars, we need to buy that first and then use that to buy gold and fuel and what not. ...