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Thursday, August 22, 2013

For Whom The Rupee Falls?!


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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