Pakistan, Bangladesh, Sri Lanka, Now Egypt and Nigeria.
Zimbabwe in the past.
Many more countries to follow.
Central banks and politicians are misusing their control over money.
Forgot to add Argentina too.
Prime example how freebies ruin countries.
Had been hearing about large scale violence over the past many weeks in Nigeria from Darul Islam and Boko Haram. Their leader even posted a warning about difficult times ahead - which I thought was because of the frequent bloodshed events in the country. Turns out, it was for currency debasement!
Govt isn’t going to provide anything. They’ll mandate installations and vendors of choice will become billionaires
One good thing, in the recent budget, Govt said it will provide solar roof top which in turn will reduce electricity bill.
Smart way to manage, freebie and industry
Crypto was promised to be the bane of fiat currency, evil central banks and centralised control over financial transactions. The more I understand it, the more it seems technically feasible and very much possible but practically difficul...
Pick your poison- Fiat currency controlled by central banks backed by private equity and rich people Vs Cryptoc...
..unless either of the two mess up insanely bad
We'll probably get to the #3 spot if things go well. But it seems impossible that we'll ever go beyond that.
Internal reasons that are very hard to fix:-
(1) Our population TFR fel...
Let's do our part, instead FOMO, have an abundance mindset,keep building and shipping.
2001 was a Dot Com collapse. 2008 was a banking collapse that hit IT too. This year first it was the Tech companies and now its the Banking, Financial Sector that is getting hit, making it the worst of all recessions. And its expected to...
Met a PM from IIT / IIM with 4 years of experience. He is working at a well know soonicorn at a salary of 17 lakhs per year . He used to draw 30 lakhs per year in his last role before we was laid off . Interesting Times ahead
A minute of silence to all the grapevine polls where salary expectations are so high 😁
I am in shock that the Canadian PM, in the Canadian Parliament no less has alleged that India has eliminated a khalistani on Canadian soil. I still remember the days, when the single greatest attack on the soul of the country took place...
This is not the India I grew up, where there was some trust left between religious communities and people were mostly...
