Saturday, January 17, 2009

The zero sum game

Recently, I listened to a news in NPR that Britain is the highest donor to Sierra Leone. The reason for GB being the big donor is that they were the colonial powers.

That the country is poor and others, mainly GB in particular has the moral responsibility to assist them in the development is leading me to ask a question why was GB there if it was a poor country. The answer may be that it was once rich (minerals, etc) but not any longer leads us to the situation that GB used up all its resources and made it poor now. So this is pay back time for GB. This is the bad Karma for GB.

Thus what did GB achieve by occupying the country? They are paying up (may be with interest) f0r whatever they used in the past. That is exactly true if you consider all things happening around the world. Either its countries UK, France, US in terms of occupying or companies in terms of wrong doing. Citi earned ($1.5 B) less than the amount of fine ($1.9B) it paid in the Enron scandal, and look at the financial mess that the entire world is going through right now! They are paying up more in lossess than what they made by selling those financial assets.

Its a zero sum game that you don't profit from your wronful activities. It only results in increased transactions but the net result remains the same over a period of time. The Period varies from one action to the other.

Friday, January 02, 2009

A wonderful opinion piece

I couldn't resist blogging when I read the recent opinion piece in NY Times. This is the interesting thought - What and Why a system works? which eludes the intellectual and with no rhyme or reason, it works. What else am I going to talk about? Its INDIA! What a wonder?
http://www.nytimes.com/2009/01/02/opinion/02das.html?_r=1