No doubt Americans have rich life but are they rich?
Let us say my neighbor and I draw the same amount of salary. My neighbor buys a home and a new car without having to take a loan. I decide to buy a huge home and luxury car taking a big loan. My loan amount is 90% of my annual income and takes several years to pay off.
Average American debt nearly 90% of their one-year GDP whereas average Indian carries a debt of 15% of their GDP.
http://en.wikipedia.org/wiki/List_of_countries_by_external_debt
From Indian culture perspective, Americans are poor because the _net debt they carry is larger. From American culture perspective, Indians are poor because they are not enjoying the life as much as they do.
Americans are rich as long as American GDP PPP stays above their average debt. It is the fact!!
Saturday, July 16, 2011
Thursday, November 25, 2010
GMAT Decision Tree Alternative
I found decision tree somewhat complex. A tabular format of the same would be more suitable to scan and select the right choice quickly.
I | II | I&II | |
---|---|---|---|
A | / | X | |
B | X | / | |
C | X | X | / |
D | / | / | |
E | X | X | X |
For each question, mark the result for I, II and if needed I&II to arrive at the answer. It easy to compare the results of analysis against the table and mark the answer.
Q1. / X ----> leads to answer A
Q2. X X / --> leads to answer C
Q3. X / ----> leads to answer B
The other situation is when you need make an educated guess.
Q4. ? / --> leads to answer B or D (guess)
Q5. / ? --> leads to answer A or D (guess)
My mind and eyes are used to the way data filter works in MS Excel. So, I am thinking to use this system instead of decision tree as given in material.
Sunday, November 8, 2009
Socialism in Capitalism
http://www.charlotteobserver.com/topstories/story/1044130.html
"That might not sound like much, but the National Retail Federation estimates that shoplifters stole almost $13 billion in merchandise from stores across the country last year.
10 ways the House bill would change health care
http://news.yahoo.com/s/mcclatchy/3351547
"5. Provides federal financial help for lower and middle income consumers so they can obtain coverage."
"That might not sound like much, but the National Retail Federation estimates that shoplifters stole almost $13 billion in merchandise from stores across the country last year.
Much of the loss is passed on to consumers:
The federation estimates the average household pays $350 a year in higher prices as a result of shoplifting."
10 ways the House bill would change health care
http://news.yahoo.com/s/mcclatchy/3351547
"5. Provides federal financial help for lower and middle income consumers so they can obtain coverage."
Monday, December 8, 2008
Monday, October 27, 2008
My first Eclipse Plugin
I created my first Eclipse plugin, which I have always wanted to. It was very easy and fun. I created a plugin to generate a WSDL from XSD that adheres to the specific standards used in the organization I work.
Prior to this, a WSDL always had been hand-written here and now we have a right-click and generate option.
Prior to this, a WSDL always had been hand-written here and now we have a right-click and generate option.
Sunday, June 22, 2008
Quotes & Notes.
“The freedom to fail is essential to the freedom to succeed” - Margaret Thatcher
"A picture is worth thousand words. A video is worth a million words" - Anonymous.
Ron Somers, president of the US-India Business Council, said that he talked with Mukesh Ambani, chairman of Reliance Industries Ltd., India’s largest company, after Indian Prime Minister Manmohan Singh visited Washington in mid-2005, and asked him what would be the best way to demonstrate the new partnership between the US and India. “He said, ‘Let’s launch a man to the Moon together.’”
"We always overestimate the change that will occur in the next two years and underestimate the change that will occur in the next ten. Don't let yourself be lulled into inaction." From his book, "The Road Ahead," published in 1996. - by Bill Gates
dream
is not what you see in sleep
is the thing which does not let you sleep - Abdul Kalam, President of India(?)
"A picture is worth thousand words. A video is worth a million words" - Anonymous.
Ron Somers, president of the US-India Business Council, said that he talked with Mukesh Ambani, chairman of Reliance Industries Ltd., India’s largest company, after Indian Prime Minister Manmohan Singh visited Washington in mid-2005, and asked him what would be the best way to demonstrate the new partnership between the US and India. “He said, ‘Let’s launch a man to the Moon together.’”
"We always overestimate the change that will occur in the next two years and underestimate the change that will occur in the next ten. Don't let yourself be lulled into inaction." From his book, "The Road Ahead," published in 1996. - by Bill Gates
dream
is not what you see in sleep
is the thing which does not let you sleep - Abdul Kalam, President of India(?)
Saturday, June 7, 2008
Top 5 Telugu Film Personalities
Old Movies
N.T.R - actor
A.N.R - actor
Gantasala - playback singer
Savitri - heroine
Relangi - comidian
New Movies
Chiranjeevi - actor
S.P. Balasubramanyam - playback singer
Vijaya Santhi - heroine
Brahmanandam - comidian
Ravu Gopala Rao - Villain
N.T.R - actor
A.N.R - actor
Gantasala - playback singer
Savitri - heroine
Relangi - comidian
New Movies
Chiranjeevi - actor
S.P. Balasubramanyam - playback singer
Vijaya Santhi - heroine
Brahmanandam - comidian
Ravu Gopala Rao - Villain
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