Sunday, December 14, 2008

Randomness has no logic

It has been long that i updated my blog. So some random thoughts to fill space.
Lately i have been reading "Foundation" by Issac Asimov. I can rave about the book for days, we will reserve this for some other day.

One clear strategy used by foundation to keep its hegemony over other kingdoms is to help them in developing atomic power and make them completely dependent on foundation for daily survival.

If you try to find analogy with the present logic that World bank, ADB functions you feel skeptical. For the unaware junta, these funding agencies help economies to develop regulations, promote private participation, set up regulators through their funds. So the CPI guys have some element of truth in their blabber about world bank funding.
Though the logic is very trivial and lacks enough analysis, i have my reservations about the motives of world bank funding.

I have started reading about the book "the great crash" on 1929 great depression, which tries to bring into perspective the events that lead to the crisis. One major factor was unabated speculation in the stock market, real estate and other trading arenas. I havent completed the book, but i could see that the present events treading the same path with the latest being $50 bn fraud by Nasdaq official.

Lets close the randomness with a joke i saw in the latest episode of "oye its friday". Abdominal guard in cricket was invented in 1874, where as helmet was invented in 1974, women say men took 100 years to understand the most import part of their body.