Author: shyam

There comes a time in every Government run business where tough choices can no longer be avoided. Has time come to bury Air India?

Why does a piss poor country like India need a publicly financed airline when there are plenty of private players who are more than capable of filling in?

We spend more on keeping Air India alive than we spend on Rural Infrastructure. Where are our priorities?

We seem to think that Rs. 22 a day is enough for a person to live in rural India. But nobody questions as to why every Indian is expected to take on Rs. 577 of AI’s debt?

Given the succession of scams, it appears that we have developed a high tolerance to our government flushing our tax dollars down the drain. To paraphrase the French: The Maharaja is Dead, Long Live the Maharaja. Shut down Air India.

We are getting into the Valentine Day’s mood here at StockViz. We did a quick lookup up of the market over the last few years and guess what we found? On an average, the Nifty is up 1.3% on Valentine’s day! The biggest V-day was on Feb 14, 2008: +5.1%

Good luck for tomorrow!

The Wall Street Journal has a thought provoking article by Mr. Kagan – a senior fellow in foreign policy at the Brookings Institution. The key take away are:

• International order is not an evolution; it is an imposition
• Democratic progress and liberal economics have been and can be reversed and undone.
• The better idea doesn’t have to win just because it is a better idea. It requires great powers to champion it.
• In a genuinely post-American world, the balance would shift toward the great-power autocracies.
• The move from American-dominated oceans to collective policing by several great powers could be a recipe for competition and conflict rather than for a liberal economic order.
• Rough parity among powerful nations is a source of uncertainty that leads to miscalculation. Conflicts erupt as a result of fluctuations in the delicate power equation.

Read the whole thing here. It would be time well spent.