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Showing posts from January, 2011

Australia Collapse

Australia dominated the world cricket for 15 years. In that period they were almost consistently ranked nor 1 test cricket team. They were neither weaklings in one day cricket. They have won 3 consecutive world cups in that period. And barring 1999 world cup when they had to reach the finals, in 2003 and 2007 world cup they completely eliminated the opposition. Even the 1999 world cup final against Pakistan was a completely one sided affair. Australian team used to come back from the most dire of the situations. If one player failed to perform then there was always a player to salvage the situation. There were some truly great player in the team like mcgrath and warne. Even if one new player came in the team, he always used to perform well. There seemed to be unending supply of bench players. Then suddenly many of key players of Australian cricket retired in their prime. And with that bench strength has also dried up. And the players who used to perform like champions like Ricky Po...

Anatomy of inflation

The whole country is under grip of inflation. Inflation has been flying so high for the past year that it has become a major political issue. But how much worrisome is the inflation. Last week we had inflation of 18.32 %. It is like a tax of 18.32% imposed on income of every person of the country regardless of his income levels. But what is cause of inflation. Most newspaper article that i read describe the cause of inflation as rise in food prices. It has been argued that scarcity in food items is driving the inflation. But i disagree as i believe that the main reason for current inflation is growth in money supply. During and before monsoons the arguments were given that reason for inflation is low base during the years of recession. But even after a good monsoon and base effect having gone, the Indian economy is saddled with a huge inflation. Then the reason which was given was that Indian economy is heating up and that's why food prices are going up. But this reason is also...

Greatest Pleasure in Life

The secret to greatest pleasure in life is being what you want to be. Its the reason why we respect celebrities. Its the reason why some celebrities are popular even when they do keep doing things which are considered immoral if done by normal person. But sadly i am yet to find out what i want to be. Though somethings are clear. I want to be towards people what i expect them to be towards me.