It's
been falling for the last number of months...Still no bottom seems to be in
sight for the currency of over 1 billion! Widening Current Account Deficit
(CAD), Extremely slow Indian GDP growth, Strengthening of the Dollar,
Resurrection of the American Economy, The Proposition of the reversal of the
soft money policy in the US in 3500 AD, Global Economic Slow Down, Substantial
Reduction in Domestic Production, Inflation of various sorts & other things
have been cited time and again for this ROUT of the Indian Currency, for which
120 Crores Of Indians toil, night & day!
When I said, a couple
of weeks back, that it would fall to 64 against the dollar few would have
believed it & when it breached 64, the so called 'experts' started
predicting 65+ the very next day it fell through the 64 Ground! And, now, anyone
can predict any number up from 65 that the Indian Currency will try its best to
prove the prediction right! Hence the prediction war is on, in India &
abroad, with various Government Recognised & Certified Predicting Agencies
(It is heard that the impeccable Indian Astrologers are heading these
universally accepted 'Predicting Agencies' of various sorts & sizes - Some
call these agencies 'Rating Agencies', as well, is a well known &
publicised fact!) competing with the maximum vengeance to 'Correctly'
predict the downfall & later the 'SAD' demise of the 121 crores of Indian
Dreams!
'The
Happy News' is spread that the crumbling rupee will 'BOOST' Indian exports as
exports will become very cheap & hence, the dull & immobile global
economy will buy Indian goods as the rupee is down, down & down (&
OUT??)! As the 'Happy News' (HN!) reached it's Targeted Audience
(TA!), 'the more than one billion' started to pray in all the holy
shrines, all across the country, for the Great Fall of Indian rupee that lets
the Indian Export shoot through the roof! In various prayer halls of various
religions people were seen VEHEMENTLY praying for the rupee to hit a century
that all the CAD the present day India supposedly has gets wiped out in a
minute or two!
THE MOST IMPORTANT
THING one has to remember is that most of all the above mentioned so called
‘PROBLEMS’ on which all these present day problematic things & conditions,
due to which the Indian Rupee is supposedly falling endlessly, are forced on WERE
there in existence for a very long time now! The Financial Experts
(FEs!) who trumpet that 13 billion dollar worth withdrawal by the FIIs since
May 2013 from the Indian Stock Market is making the matters worse DON’T like to
think that more than 250 billion dollar of forex reserve India has at her
disposal, in which 13 or so billion of statistics won’t play this much
of a dangerous game which the Rupee is facing at the moment!
Here, one has to see
things clearly that one understands that what all So Called Reasons these FEs
offer, they are not at all the reasons of the problem existing & till the
time the reason/s is/are not found out there will never be a stopping of the
rupee free fall, as Some One Some Where Is Planning For It in the exact
ways it should be planned & is well executed, leaving the Indian
Fact finders grope in the dark for, at the least, a couple more months that
these Devious Planners & Executioners of Global Proportions
get enough time to damage the Indian Economy & other developing
economies of worth which will in time grow in stature to challenge the
present dominance of the developed countries, including the lone super power on
Mother Earth, the US! Till that time these Devious Planners & Executioners
(DPEs!) will let the Insipid Mystery Decodifiers of India (IMDIs!) play with
whatever foolish data & reasons they have at their disposal, with these
foolish IMDIs never understanding that the data & reasons they are munching
at are efficiently & deftly ‘planted’ in their analysing foolhardy
systems, a la ‘Inception’ style!
Whatever the IMDIs do
to stall this FREE FALL (FF!) of Indian rupee, based on their ‘Planted’
statistics & analysis, won’t bear any fruit is more than clear in the
present scenario where everybody & everything, including the RBI,
try to stall the free fall of the Indian currency, in vain! And, new &
innovative methods of ‘thwarting whatever is done to stop the fall’ is coming
out from every quarter & direction, at the drop of a hat; like, short
selling of Indian rupee, speculative buying of dollar, borrowing by the NRIs
& others abroad that they might make a quick buck or two @ the coast of
their Mother Nation, ‘creation’ of a bear phase in the Indian
Stock Markets, well publicised ‘EXPECTATIONS/FORECASTING’ of the
FEs of a further decline in Indian stocks & currency etc! It is interesting
to note that all these things are happening in HUGE
scales that an Ordinary Indian Institution like RBI can do
nothing in the game played according to the rules & regulations of the
‘Foreign Vested Interests’ (FVIs)!
The IMDIs or FEs fight
with one another to find out ‘the exact reasons’ behind the fall of the
Indian rupee without ever knowing that they are ONLY puppets in the hands of
those who designed the game, masterly! These foolish FEs use their most
creative & advanced analysing tool ‘Hind Sight’ to figure out the
reasons for the FF & regularly dish out These Great Findings Of
International Fools, day in & day out in the ‘Blahblahbing Media’ (BM!)!
The Easily Gullible ‘121 Crores’ gobble up whatever these Foolish
Financial Experts (FFEs) spit out from their Ever Open Mouths of Fool’s
Wisdom, and that too much after everything happened!
I don’t have even an
iota of doubt that ‘eventually’ they will masterly find out &
point out the First War of Indian Independence, the Great Recession of the 30s,
Indian Independence in 1947, the successive governments & their myriads of
destructive policies, the 3 wars with Pakistan & the one with China, the
collapse of the Soviet block etc as the main reasons for the Present Day Free
Fall of Indian Rupee! And, who doesn’t know that the Indian Financial
Experts , who have their masters & PHDs in ‘Hind Sight’, are great and so
far sighted & they ‘PREDICT’ things accurately ‘MUCH AFTER’ ALL THE ‘PREDICTED
THINGS’ HAPPEN!? And, everyone also knows very well that these ‘Great Financial
Oracles’ always appear like the police in the Indian Cinema, i.e., very much
after every action is finished on screen & ‘ONLY’ debris is visible!
Then, ‘For
Whom The Rupee Falls’ remains the basic question! And,
the answer will be for all those people & countries that wish eagerly
& ‘plan accordingly’ to see the Powerfully Developing & Fundamentally ‘STRONG’
(Till yesterday, all the FFEs & IMDIs were tightly united to proclaim
Indian Economy ‘FUNDAMENTALLY’ ‘STRONG’ but, since the Free Fall of Rupee they
shifted their sides with ‘Hind Sight Predictions’!) Indian Economy Fall on Its
Knees, which include the currency punters, currency gamblers, money
hoarders, Economy Destroyers of International size & stature who come &
meet us in neat & tidy suits with all the sorts of assistance offers, the
ill wishers of India including some in its own country & those who
love to sell their mother nation for 30 silver coins of greed & bigotry!
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