It's all about money !!!

Having completed my MBA and after having learned quite a bit of economics and finance i still feel that there are a lot of things which i do not understand (in fact most of the things i don't :-) ). We did learn a lot of complex economics theories and financial instruments but somehow I feel we never learnt the basics. In the following article i have made an attempt to explain some features of the economy starting from the very basic definition of money. Applying my learning from reading and researching on the net and combining it with my own common sense I have tried to simplify the functioning of the monetary system. I have also raised some questions on issues which i do not understand completely and on various dilemmas that exist in world economy. Please feel free to criticize and comment.

 

Lets start from the very basic thing on which rests the entire world of economics and finance : Money. Do we really understand what money actually is ? Where it comes from ? what it signifies ? How did the concept of money evolve ? Who gets the power to print money?

To understand the complexity imagine that a new island has been discovered which is inhabited by people who still practice barter system. Now you are required to introduce currency system in this new economy. How will you go ahead with it? Who will issue the money , in what quantity and to whom?

So lets come back to the definition of money. Money can be any object ( notes, coins, metals, gems etc. ) which can be used as means of exchange of goods and services. It is a store of value i.e. its ownership signifies a valuable work or service which u have provided for someone. .

In ancient times as we know most of the trade was done using barter system. People would meet at a market place and exchange various goods or services in lieu of goods or services provided by others. Now this method had its own limitations. If you had wheat grains and wanted to exchange them for a piece of cloth , but the owner of cloth wanted rice instead there was no way that the transaction could have taken place... unless u happened to find someone who was willing to exchange rice for wheat. Obviously this was a quite an inconvenient method of transacting goods and services.

But since ancient times there have been objects such as precious metals ( gold, silver), fabrics ( silk) , gems, diamonds, pearls which are seen as desirable in almost all the communities. Their attractiveness comes from various reasons... be it the inherent shine or the ease with which gold can be cast into various objects, or the properties of  diamond ( its hardness, Refractive index ) or just plain attractiveness. Their widespread acceptability enabled the owners to transact in almost any possible goods or service. And of course the various kings over the years introduced gold and silver coins as money in their economy.

But how did the use of paper currency came into existence? A piece of paper by itself is of hardly any value. Why are people all over the world willing to part with their valuable goods for a worthless piece of paper?

So again lets go back some 600-700 years into history. Suppose in a town you had a reputed goldsmith. This goldsmith created a vault in his house to safely secure his entire gold. Other people in town who had quite a significant amount of gold with them approached the goldsmith to safely secure their gold in the vault.The goldsmith agreed to do the same in exchange for a fee ( say grains, cloth , oil etc). A receipt would be issued by the goldsmith to people who had kept their gold with him. And voila !!! the very first ever form of paper money is born. Now the owners of the receipts can buy other goods using these very paper receipts. They don't need to physically  exchange their gold. The ownership changes by the exchange of a receipt.

The total no of receipts in circulation would indicate the total amount of gold kept with the goldsmith. This is the very basic principle on which the Gold Standard of currency system used by various economies around the world was based on.

And as the Gold Smith slowly realized that most people never came back to retrieve their gold, and when they did, not all of them came back at the same time ;he sensed an opportunity to make some additional profit . He could lend the gold in his vault or even better write down additional receipts with an obligation to pay back, to people who were in need of funds. Of course slowly the people in the community saw the trick in the game and instead of paying a fees to the goldsmith started to demand a share of his earnings from lending activities. So our very own Goldsmith and his vault has given birth to the very first Private Bank.

Coming back to the now abolished gold standard of currency, nations such as USA and UK kept large quantities of gold with them and issued currency in the system was equivalent to the total gold with them. You could approach the central bank and exchange your dollar note for a certain quantity of gold. As more gold was found or acquired through conquests, trade etc more amount of notes could be printed. 

But there were certain extreme situations such as wars which required a large amount of currency for the govt to be able to fund the purchase of soldiers and ammunition. As the total amount of currency was limited by the total amount of gold where will the additional money come from? So what the govt did was that it simply printed notes and gave them to the soldiers. These notes were accepted by soldiers simply based on the faith which they had in the govt. Over the years total currency in the system was much more than the total amount of gold with the central bank. And with time the gold standard was entirely abolished. The currency in the system would come to be known as Fiat Currency. The only way from which the currency currently  being used gets its value is by a govt fiat ( Latin for 'let it be done') or order. The govt creates a law certifying that this currency should be accepted in lieu of goods and services and can be used to pay back debt. The only reason why your 1000 Rupee note is valid is because the govt has said so. You can not approach RBI and ask for a certain gold in lieu of it. You can exchange it only for notes and coins whose total value is Rs 1000.

Lets think about gold standard for a moment. There have been many advocates who say that the world should return back to gold standard and there is equal criticism for the same. 

Ask yourself why should the entire worth of the economy be measured only  by a quantity of metal which for some reason people find it to be attractive. Should not the wealth of a country be instead judged by the the kind of infrastructure it  has ( buildings, bridges, dams, roads etc). As the economy improves in infrastructure and starts to produce a wide variety of goods and services shouldn't the quantity of money increase accordingly?

Now when the govt has the power to print as much money as it wants , what stops it from doing so? The first answer that comes to mind is 'inflation'.  The argument goes that as more people will be having more amount of money, and with quantity of goods and services remaining the same, money will loose its purchasing power. But shouldn't that be the case only when the govt is printing money and giving it to public by simply distributing it or by raising govt officers' salaries , as there has been no actual increase in the economic activity. 

Instead suppose that the govt wants to build a new highway, dam or wants to fund some other infrastructure project. In this case why cant the govt simply print more notes and give it to the people who are contributing in improving the overall infrastructure. This money will be in turn be used by people to purchase further goods and services thus creating a demand in the economy and fueling the process of economic growth. The increased amount of money would be representative of the increased wealth of the economy. After all its a service being done by the infrastructure builders for the collective benefit of the society and govt being representative of the society issues a receipt saying that "in future we will be willing to provide goods and services in exchange for the work you do for us". And the newly printed money acts as that receipt. As we know most of govt financing comes from selling govt bonds and securities. And when the earnings from Taxes, duties and services provided to public don't match the expenses you have Fiscal Deficit. Also when the govt fails to pay back the money it has borrowed from the market you have the problem of ever increasing govt debt. The issue I am trying to raise is that is it really necessary for the govt to always borrow money to finance its operations? And if that is the case hasn't the quantity of Rupee in the economy actually increased since independence? I am not talking about increased money velocity ( the speed with which money changes hands in the economy ) but the actual quantity of Notes and Coins in circulation . Which situations require and enable the govt to print money?

It is the job of RBI to oversee that the quantity of money is sufficient for the economic activity being carried out. It needs to ensure that inflation is kept in check and with increasing globalization also have to worry about the exchange rates. Central banks all over the worlds use various instruments such as Interest Rates, Repo and Revers Repo rate, CRR etc to fine tune the process of economic growth.

Lets look at the premium currency being used in international trade today i.e the American Dollar. For some reason after the second world war which i still haven't quite been able to figure out dollar came to be accepted as the currency for international today. It was most probably due to the rapid industrialization in US economy and the faith that traders and nations around the world had in US govt and in the stability of its economy. And once dollar got that recognition it was virtually free lunch for the US govt. It could simply print money and buy it to shop around the world for goods and services. And it actually did. I firmly believe that the unique position which Dollar enjoys in world economy is one of the primary reasons for rise of US as a superpower in the last century. In fact there is so much of excess dollar in world economy that if all the countries poured their dollar reserves in the US economy it would simply crash and possibly the wold economy as a result. In fact when China was facing threat of US sanctions it actually threatened to sell all US Govt Securities in the forex market which would crash the US Dollar.

Almost all the developing economies want to build a big stash of Dollars to be able to fund their imports. They do this either by increasing their exports or by seeking FDI (Foreign Direct Investment). Quite frankly i find the entire system quite ridiculous. The Indian Govt cant pay for the oil it imports using its own currency 'coz it's not 'acceptable'. I ask why not? Just as you can go and take a dollar and use it to buy American goods so can you use the Indian Rupee to buy goods from Indian Firms and economy. But then this is how the world economy works. Only dollar and some other currencies such as Pound,Euro, Yen etc. are used in world trade because of the view that nations and economy to whom these currencies belong are 'stable'. Just take a look at the fiscal deficit of US govt currently at 12% of GDP. Go through the figures of its public and private debt. The debt has gone on increasing since 2nd world war. How is it any different from a country such as India, UK, Spain etc? Of course i am no economic expert and don't understand entirely as to what leads to the acceptance of a particular currency for international trade. Perhaps the most important reason would be the size of economy and US economy being the largest commands that influence over international trade. Dollar securities are considered to be most liquid and everyone is willing to accept them in exchange for goods and services. But isn't this just a chicken and egg situation? We are asking why dollar is the currency for international trade. And the reason given is that it's most widely accepted and dollar securities are most liquid. But the reason why dollar securities are most liquid is 'coz dollar is the most widely used international currency. 

In fact China has recently raised questions on the status of Dollar as words reserve currency. It wants the world to look for alternative solutions such as SDR's ( Special Drawing Rights ) which are a basket of major international currencies ( dollar, Pound, euro , yen etc.) issued by IMF . The procedure as to how this can be done is as of now not quite understood by me. One important  step would be to create a market for SDR's by world organizations by giving investors attractive returns on buying SDR securities. The battle is on and we can only wait and watch if dollar can hold on to the privelaged status it enjoys in world economy at the moment.

Music over the past one year

I have been on a musical exploration mode of late. Have explored so many Metal bands, tried my hands at Indian and Western Classical but of course nothing beats our very own Bollywood. Not very surprisingly A R Rahman ruled 2008 with one awesome album after another. But there were some nice surprises as well along the way.  So lets talk about some of my favourites over the past one year or so.

Jodha Akbar: Rahman started the year with a bang with Jodha Akbar. Favorite tracks would be In lamhon ke daman mein , Jash -E-bahara and Mann Mohana. Overall rating : 4/5

Tashan: Perhaps the most underrated album of 2008. I least expected to like this album but just a couple of listens and I was a fan of Vishal Shekhar. I thought the music perfectly suited the mood of the movie and every single song simply oozes attitude or ‘Tashan’. Except Chhaliya all other tracks had that very desi, rugged, Indian feel to them and felt very refreshing after listening to all those English infused Hindi tracks that we have become accustomed to. There is not even a single bad song in the entire album – Tashan mein, Dil Haara, Falak tak and one of the most innovative songs ever – Dil Dance Maare, they all rule. Rating : 4.5/5

Yuvvraj : Brilliant is all I can say though I think A R Rahman is trying a bit too hard to give his songs an epic feel. And no, unlike the popular tracks ‘Tu hi meri dost hai’ and ‘Tu muskara’ , my favourites were ‘Manmohini morey’ and ‘Zindagi'. Only downside - The album gets a bit too depressing at times :) Rating : 5/5

Rab Ne bana Di Jodi: I don’t know why I like this album so much. May be because it is has that simple and down to earth feel to it. It's no way pathbreaking and is  just a nice feel good album. But then as they say simplicity rules. Fav tracks : Dance pe chance, Tujhe mai rab dikhta hai.Rating: 4/5

Ghajini: Ok I did not like this album much on the very first listen but the songs grew on me with time especially the absolutely brilliant ‘Kaise mujhe'. I think A R Rehman was trying to experiment with his music especially if u listen to ‘Lattoo’ and ‘Aye Bachhu’. Top picks:Guzarish ( perhaps one of the best songs of the year), Kaise Mujhe. Rating: 4.5/5

Oye Lucky Lucky Oye: Desi music rules and this album proves it once more. Jugni is my favourite and one special mention I would like to give to ‘Tu raja ki raj dulari’ for the unique voice and feel. Thank god for people who dare to be different. Rating : 5/5

Slumdog Millionaire: What more can I say when A R Rehman has deservedly won golden globe and recently the Academy Award for this. But one thing I would like to mention is that ‘Jai Ho’ though being good is nowhere even close to the best Rahman has composed. In fact even from Slumdog I find ‘Mausam and Escape’ and ‘O Saaya’ to be much better. The best thing about the music is that it is devoid of sentimentality which Rahman seemed to be inclining towards a lot in his past few albums. Rating : 5/5

DevD : This was way off the charts. Not even all other hindi music albums combined can match the audacity, experimentation and sheer guts of this album. Amit Trivedi is one composer I definitely would be looking out for in near future. Variety is what defines the album : Rajasthani, Punjabi, Metal, Ballads you get it all. ‘Emosanal Atyachar’ has become such a rage but it would be my 2nd fav and that too the rock version. My top pick would be ‘Nayan Tarse’. But there r so many other must listen tracks : Saali Khushi, Pardesi, Duniya, Paayaliya, Hikknaal, and many more. Defintely Album of the year for me . Rating:10/5

Other notable mentions Fashion, Rock On , Jaane tu ya Jaane na and the recent Delhi-6.

Coming to English music Viva La Vida (Coldplay) and Death Magnetic (Metallica) were on top my playlists. I will talk about them in much more detail in my next post. And perhaps I would also like to talk about my views on metal as a genre and all the bands I have been exploring, both classic and new : Black Sabbath, Slipknot, Slayer, Iron maiden and many more.

TASHAN has guts

Let me tell you whether you like or hate Tashan, the fact is that this is a movie unlike you have ever seen in India or anywhere else. Whether this is a good or bad thing depends on what you went into the theatre expecting.

Also the point of this post is not as much as to review the movie but more to explain what Tashan was supposed to be. After that it’s your call to decide if it’s a good, average or pathetic movie.
This was a movie which I watched for free on very first day of its release courtesy the firm I am having my summer internship with. So in absence of all the reviews that were supposed to come out the very next day, my experience and feelings while watching this were quite unbiased .Since then a lot has been said about the movie. It has been called amongst the ‘worst movies ever”,”idiotic and silly”,”formulaic” and even been given nicknames like “aditya chopra ki aag”.

Ok I understand the movie is no classic but it certainly is not as bad as being said. I am a sort of person who hated movies like Dhoom 2 and Dus. The reason being that these pretended be cool and stylish but actually were just plain annoying and dumb ,and the hate is so strong that even this post will be reeking of the same.

Tashan is a movie which actually shouts out loud that look how silly I am. It is very honest in what it wants to be and what it’s supposed to be .Take it or leave it. It is not at all meant to be serious, believable or intellectual cinema. It is meant to be a sort of a spoof and homage to the masala potboiler Hindi cinema of 70s and 80s. If you have seen Quentin Tarantino and Roberto Rodriguez directed Grindhouse then you will understand what I am talking about. This is the reason why everything in the movie is deliberately over the top –situations, characters, dialogues, action, dance sequences (e.g. dil dance mare) and everything else. The whole mood of the film can be summed up in one song -Dil dance mare which has been outrageously choreographed and actually in a good way with lyrics which are really very innovative.

The reason why this movie is attracting so much hate is because it tries to mock the same audience and critics who think Dhoom 2, Dus, Krrish, Race etc are good movies. Todays multiplex going audience who think of themselves as ‘intellectuals’ feel almost insulted
of the fact that they have been presented with a movie which has supposedly been phased out of their theatres ( i.e. rickshawallahs type b grade cinema of 80s). These audience can bear a song like ‘zara zara touch me’ but cringe at ‘dil dance mare’. But that is what I like about Tashan- a no holds barred, unpretentious and unapologetic bollywood ishtyle masala fare. It’s the same old tale of revenge and love that has been told umpteen numbers of times but jazzed up for the 21st century.

While action sequences in Dhoom 2 kept annoying me and dialogues put me to sleep, the dialogues and conversations in Tashan are actually quite interesting with that completely gone crazy mix of Hindi and English. Tashan is no more or less silly compared to Dhoom 2 and Dus but actually has much better performances. Akshay Kumar is brilliant as Bachhan Pandey and Anil Kapoor is good in first half.

That being said it’s not a very good homage and the film falters badly in second half with unnecessary subplots and stretched out action sequences which reach a level of craziness that is almost surreal. Also the storyline fails to hold your interest after a while.

If you are ready to suspend your sense of belief for a couple of hours, sick of current crop of ‘multiplex’ movies and actually understand that its all meant to be hyper realistic you may will find some redeeming qualities. I will rate it 2.5/5. Not good but still better than other pseudo cool and insult to intelligence movies like Dhoom 2 and Dus. Don’t waste your precious bucks in a theatre for this, rent a DVD and let me know what you thought of it.

Hollywood - A no holds barred tribute

Like most of the folks one of my favorite pass times happens to be watching movies. Over the time watching movies has evolved from being just a pass time to one of my true passions .There are days when i end up watching 3-4 movies in a single day. Now a days i don't watch movies just for entertainment but also like to explore different types of cinema .I have seen movies of all genre and many languages.

But i would say that this transition from being a pass time to becoming a passion wouldn't have been possible without the help of Hollywood. I remember when i watched Jurassic Park for first time in theatre. I was in sixth class,11 years old ,year 1994 .The experience,the thrill and excitement remains unmatched .Such awesome special effects ,heart stopping sequences,non stop thrill ride from start to finish which only Hollywood can deliver. What more a eleven year old boy sick of all that stupid crap being dished out by Bollywood could have asked for.

I was sick of all the mushy romances,melodrama and stupid song sequences .I needed thrill ,action and sci fiction . The gap was filled by comics(Super commando Dhruv, Nagraj, chacha chowdhary and many animation series which were aired on Doordarshan at that time). But i needed something more. Even among hindi movies i was more excited by different from league movies such as Junoon - Rahul Roy starring desi take on werewolf or weretiger ;) ,Pehla nasha( deepak tijori starring remake of Body double) ,and of course Akshay Kumar's Khiladi. Some of them would be good but mostly crap.

I desperately needed a let out and Hollywood came to the rescue. First there was Jurassic Park and then the list kept on growing. One awesome movie after another - The Lost World,Terminator 2,Independence day,Jumanji,Godzilla, Men in Black,Speed,Titanic and more. With the advent of Star Movies to Indian television watching english movies became a norm. Now i had access to movies of all genre Horror, suspense ,sci fi -u name it u get it which was never possible with Bollywood.

But till around 10th standard or so i was mostly interested in movies which were blockbusters,special effects driven and being given widespread publicity .So basically it was media which was choosing movies for me and I did make some bad choices such as Anaconda,Universal Soldier etc.

Now year was 1999 and me in 11th stad . I watched this ad of a movie on TV , black and green hue,people hanging in air, Keanu Reeves dodging bullets and asking the question - what is the matrix? Only answer you got was -"unfortunately no one can be told what the Matrix is ,you have to see it for yourself" and i was hooked. At that time only English movie that was on everyone's mind was Brendan Fraser starrer The Mummy and breaking records all over India. But i was only interested in finding out the secret of the Matrix ,and against everyone wishes bought 4 tkts and took my whole family for the movie.

I wont forget that day ever in my life.Such storytelling,the twists,the turns i have never witnessed till date. I have never felt so much for the characters and hated the villains with such intensity. The adrenaline pumped and excitement soared in second half.What a movie it was-a mind boggling blend of science fiction, philosophy,religion backed with special effects and techniques never seen on big screen before.You had to be there to believe it. Everyone cheered and clapped during the movie ,and just to watch audience gasp over the action scenes was worth your money. Neo became an icon and the movie went on to become a cult hit and is now regarded as a science fiction classic. First time a movie that made me think and question the reality around us. The meaning of existence ,to be alive ,what it means to perceive and feel ,to question our sense of reality - i dont ever remember any movie made in India that forced me to ask these question. The Matrix is my favourite movie till date which i have seen countless number of times and never once get bored.

Now i was delving deeper into movies and exploring cinema even further.Another round of excellent movies started - forrest gump ,truman show,fight club,primal fear,twelve monkeys etc.
I had also begun to watch movies of different languages (crouching tiger hidden dragon) . I have been fortunate enough to watch the works of geniuses such as Kubrick,Kurosawa and Tarkovsky. Now a days i dont i dont care what language the movies is in,least who is starring -if i have time i just watch the movie.

Some people tell me that i am biased in favor of Hollywood .The fact is that I actually am and there is a reason behind it.Even if you were to consider mainstream Hollywood the variety being offered is still a lot more what we get here in our country. The freedom of choice is what matters the most to me ,which fortunately has started to be seen in Bollywood as well of late.

Hollywood liberated the movie experience for me,showed what possibilities cinema held,and introduced me to a world never seen before. Yes bad movies are made by Hollywood as well but on an average the number and variety of good movies released is more than enough to keep me satisfied .Today what cinema and movies means to me is synonymous with Hollywood and international cinema while Bollywood is only secondary because even most of the comics and graphic novels which i read (both english and hindi) are better than what is offered in hindi films.

Om Shanti Om - The Review

Mid terms are over.Too much time on hands this weekend and so many things to do.Have to watch movies,check out new music,read comics ,play games and write for my blog. Yesterday finally watched Om Shanti Om and Jab We Met. And now its time for the review of Om Shanti Om. I know i am late but still you can read the review and tell me if you agree with me on the movie or not.

So Farah Khan i must say is a very innovative director. I remember when i watched Mai hoo na i thought it was amongst the most innovative mainstream hindi movies in a long time. She loves mainstream bollywood cinema and it shows in her movies.

If you loved the way bollywood was spoofed in Mai hoo Na then you would surely enjoy Om Shanti Om. Here we are transported to the era of 70's with Shahrukh playing a role of junior artist Om Prakash Makhija (one of those extras who shout 'bhago bhago' or one among the dozens dancing along with the main hero) who aspires to become a superstar one day and loves Shanti(deepika padukone being portrayed as a famous bollywood superstar of the 70's) .

Its the first half of the movie that is most enjoyable. Shahrukh and Kiron Kher(as his mother) deliberately talking in typical filmi style shouting dialogues such as maa mai ghar aa gaya,aaj tere pitaji zinda hote to etc etc and then saying 'overacting zyada to nahi ho gayi na', are a treat to watch. Manoj Kumar spoof and Tamil Movie fight sequence( Yanna Rascala :-) ) are hilarious to say the least.

While first half is a spoof ,second half is a tribute to Bollywood with Farah Khan incorporating all the bollywood cliches and themes such as reincarnation that she has been making fun of all along.
In terms of structure its similar to another very enjoyable and recommended flick HOT FUZZ which kept on making fun of hollywood action movies in first half and then itself copied the same tricks in its 2nd half.

Om Shanti Om's 2nd half although being enjoyable is a bit predictable in terms of storyline and sequences and makes me rate the movie slightly lower.Among the lead actors Shahrukh is good with his as usual over the top mannerisms and acting .Although he is better in first half 'coz the role requires an over the top performance ,but he looks slightly awkward when trying to look cool and stylish in later half. Deepika Padukone is a looker and makes an impressive bollywood debut.Although her role does not require much acting skills she plays her part well. Interestingly even Arjun Rampal gives a nice performance. Songs are also enjoyable.Some sequences such as the fire sequence are beautifully shot.

The film has given very memorable quotes such as "Picture abhi baki hai mere dost" , "itni shiddat se maine tumhe paane ki koshish ki hain ki har zarre ne tumse milane ki sazish ki hain ,and agar kisi chiz ki DIL se chaho to saari kaynat usse tumse milane ki koshish main lag jaati hain ".I hear these quotes being repeated all around in my college campus

To wrap it up i would say that if you want to have fun, and don't mind some nonsensical logic its a thoroughly enjoyable movie and deserves a rating of - 3/5

Of Existence and Nothingness

Ever since i remember i have always been fascinated by universe.The vast mysteries and just the expanse is mind boggling. But now imagine what if all the galaxies,stars, our solar system and earth itself never existed. I wonder what was the need for all these things to be there as they are.

Why was there a Big Bang(if thats how as they say universe was born) ,or even if the Universe has existed since prepetuity why it did? To add to it what was the need for any kind of life forms to exist ? Here we are on earth ,wondering if we are alone or just one among many other intelligent life forms out there.Why do we need to feel,think,perceive and in the process have the ability to modify and change things around us as we see fit.

Now take all this away.For a moment imagine that all humans, life ,earth, solar sytem ,milky way and all that u can think of has disappeared ,vanished and not there anymore.

When nothing is there why are all those other billions of galxies ,stars ,black holes still existing? With no one to look upon ,observe and wonder at them why do they still go about their daily routine?

I will go a step further and take away every single piece of matter from this universe and all other universe( remember theory of multi verse ). All that is left is vacuum. Everywhere u see u see nothing( with no light out there and no matter to reflect it i wonder how u can) but vast empty expanse.Its all dark out there.No sound.No light. Just plain vacuum.


Finally i even take this vacuum away.Now there is absolutely nothing that exists. .Its not dark out there ,its just that nothing exists.The concept of light,dark,time we have sent all of them for a toss. The meaning of existence itself has been wiped out. I understand its very hard for you to imagine it the way i want you to.But try to eliminate all possibilities of existence of anything that you can have.Whatever conceptualization of existence that still remains with you,try eliminating that.

Now again ask why does anything have to exist at all?Why was there even a need for the concept of existence to exist. And why are we the only lucky beings in the entire universe who hav the ability not just to observe this existence but to also wonder at it and question it
?

To be continued.........when i get time i will finish this one. Put this down in arnd 5 mins so kindly bear thru all the grammatical inconsistencies.

Also coming soon .....

The past ,present and future of comics in India
I am legend - the review

Here I am

Aha!! So today atlast i have created my first blog.But the prblm is what to post.I dont have any gr8 writing skills but i will try to come up with some good posts.