The train has started moving. It is packed with people of all ages, mostly with the working men and women and young college guys and gals. Near the window, seated a old man with his 30 year old son. As the train moves by, the son is overwhelmed with joy as he was thrilled with the scenery outside..
" See dad, the scenery of green trees moving away is very beautiful"
This behavior from a thirty year old son made the other people feel strange about him. Every one started murmuring something or other about this son."This guy seems to be a crack.." newly married Anup whispered to his wife.
Suddenly it started raining... Rain drops fell on the travelers through the opened window. The Thirty year old son , filled with joy " see dad, how beautiful the rain is .."
Anup's wife got irritated with the rain drops spoiling her new suit.
Anup ," cant you see its raining, you old man, if ur son is not feeling well get him soon to a mental asylum. and don’t disturb public henceforth"
The old man hesitated first and then in a low tone replied " we are on the way back from hospital, my son got discharged today morning , he was a blind by birth, he got his vision last week.. Rain and nature are new to his eyes.. Please forgive us for the inconvenience..."
The things we see may be right from our prospective until we know the truth. But when we know the truth our reaction to that will hurt even us. So try to understand the problem better before taking a harsh action.
Tuesday, June 24, 2008
Friday, May 9, 2008
On Asset Bubble in USA!
Once there was a little island country. The land of this country was the tiny island itself. The total money in circulation was 2 dollar as there were only two pieces of 1 dollar coins circulating around.
1) There were 3 citizens living on this island country. A owned the land. B and C each owned 1 dollar.
2) B decided to purchase the land from A for 1 dollar. So, A and C now each own 1 dollar while B owned a piece of land that is worth 1 dollar.
The net asset of the country = 3 dollar.
3) C thought that since there is only one piece of land in the country and land is non produceable asset, its value must definitely go up. So, he borrowed 1 dollar from A and together with his own 1 dollar, he bought the land from B for 2 dollar.
A has a loan to C of 1 dollar, so his net asset is 1 dollar.
B sold his land and got 2 dollar, so his net asset is 2 dollar.
C owned the piece of land worth 2 dollar but with his 1 dollar debt to A, his net asset is 1 dollar.
The net asset of the country = 4 dollar.
4) A saw that the land he once owned has risen in value. He regretted selling it. Luckily, he has a 1 dollar loan to C. He then borrowed 2 dollar from B and and acquired the land back from C for 3 dollar. The payment is by
2 dollar cash (which he borrowed) and cancellation of the 1 dollar loan to C.
As a result, A now owned a piece of land that is worth 3 dollar. But since he owed B 2 dollar, his net asset is 1 dollar.
B loaned 2 dollar to A. So his net asset is 2 dollar.
C now has the 2 coins. His net asset is also 2 dollar.
The net asset of the country = 5 dollar. A bubble is building up.
(5) B saw that the value of land kept rising. He also wanted to own the land. So he bought the land from A for 4 dollar. The payment is by borrowing
2 dollar from C and cancellation of his 2 dollar loan to A.
As a result, A has got his debt cleared and he got the 2 coins. His net asset is 2 dollar.
B owned a piece of land that is worth 4 dollar but since he has a debt of 2 dollar with C, his net Asset is 2 dollar.
C loaned 2 dollar to B, so his net asset is 2 dollar.
The net asset of the country = 6 dollar. Even though, the country has only one piece of land and 2 Dollar in circulation.
(6) Everybody has made money and everybody felt happy and prosperous.
(7) One day an evil wind blowed. An evil thought came to C's mind. "Hey, what if the land price stop going up, how could B repay my loan. There is only 2 dollar in circulation, I think after all the land that B owns is worth at most 1 dollar only."
A also thought the same.
(8) Nobody wanted to buy land anymore. In the end, A owns the 2 dollar coins, his net asset is 2 dollar. B owed C 2 dollar and the land he owned which he thought worth 4 dollar is now 1 dollar. His net asset become -1 dollar.
C has a loan of 2 dollar to B. But it is a bad debt. Although his net asset is still 2 dollar, his Heart is palpitating.
The net asset of the country = 3 dollar again.
Who has stolen the 3 dollar from the country ?
Of course, before the bubble burst B thought his land worth 4 dollar.
Actually, right before the collapse, the net asset of the country was 6 dollar in paper. his net asset is still 2 dollar, his heart is palpitating.
The net asset of the country = 3 dollar again.
(9) B had no choice but to declare bankruptcy. C as to relinquish his 2 dollar bad debt to B but in return he acquired the land which is worth 1 dollar now.
A owns the 2 coins, his net asset is 2 dollar. B is bankrupt, his net asset is 0 dollar. ( B lost everything ) C got no choice but end up with a land worth only 1 dollar (C lost one dollar) The net asset of the country = 3 dollar.
****************End of the story***************************
There is however a redistribution of wealth.
A is the winner, B is the loser, C is lucky that he is spared.
A few points worth noting -
(1) When a bubble is building up, the debt of individual in a country to one another is also building up.
(2) This story of the island is a close system whereby there is no other country and hence no foreign debt. The worth of the asset can only be calculated using the island's own currency. Hence, there is no net loss.
(3) An overdamped system is assumed when the bubble burst, meaning the land's value did not go down to below 1 dollar.
(4) When the bubble burst, the fellow with cash is the winner. The fellows having the land or extending loan to others are the loser. The asset could shrink or in worst case, they go bankrupt.
(5) If there is another citizen D either holding a dollar or another piece of land but refrain to take part in the game. At the end of the day, he will neither win nor lose. But he will see the value of his money or land go up and down like a see saw.
(6) When the bubble was in the growing phase, everybody made money.
(7) If you are smart and know that you are living in a growing bubble, it is worthwhile to borrow money (like A ) and take part in the game. But you must know when you should change everything back to cash.
(8) Instead of land, the above applies to stocks as well.
(9) The actual worth of land or stocks depend largely on psychology.
1) There were 3 citizens living on this island country. A owned the land. B and C each owned 1 dollar.
2) B decided to purchase the land from A for 1 dollar. So, A and C now each own 1 dollar while B owned a piece of land that is worth 1 dollar.
The net asset of the country = 3 dollar.
3) C thought that since there is only one piece of land in the country and land is non produceable asset, its value must definitely go up. So, he borrowed 1 dollar from A and together with his own 1 dollar, he bought the land from B for 2 dollar.
A has a loan to C of 1 dollar, so his net asset is 1 dollar.
B sold his land and got 2 dollar, so his net asset is 2 dollar.
C owned the piece of land worth 2 dollar but with his 1 dollar debt to A, his net asset is 1 dollar.
The net asset of the country = 4 dollar.
4) A saw that the land he once owned has risen in value. He regretted selling it. Luckily, he has a 1 dollar loan to C. He then borrowed 2 dollar from B and and acquired the land back from C for 3 dollar. The payment is by
2 dollar cash (which he borrowed) and cancellation of the 1 dollar loan to C.
As a result, A now owned a piece of land that is worth 3 dollar. But since he owed B 2 dollar, his net asset is 1 dollar.
B loaned 2 dollar to A. So his net asset is 2 dollar.
C now has the 2 coins. His net asset is also 2 dollar.
The net asset of the country = 5 dollar. A bubble is building up.
(5) B saw that the value of land kept rising. He also wanted to own the land. So he bought the land from A for 4 dollar. The payment is by borrowing
2 dollar from C and cancellation of his 2 dollar loan to A.
As a result, A has got his debt cleared and he got the 2 coins. His net asset is 2 dollar.
B owned a piece of land that is worth 4 dollar but since he has a debt of 2 dollar with C, his net Asset is 2 dollar.
C loaned 2 dollar to B, so his net asset is 2 dollar.
The net asset of the country = 6 dollar. Even though, the country has only one piece of land and 2 Dollar in circulation.
(6) Everybody has made money and everybody felt happy and prosperous.
(7) One day an evil wind blowed. An evil thought came to C's mind. "Hey, what if the land price stop going up, how could B repay my loan. There is only 2 dollar in circulation, I think after all the land that B owns is worth at most 1 dollar only."
A also thought the same.
(8) Nobody wanted to buy land anymore. In the end, A owns the 2 dollar coins, his net asset is 2 dollar. B owed C 2 dollar and the land he owned which he thought worth 4 dollar is now 1 dollar. His net asset become -1 dollar.
C has a loan of 2 dollar to B. But it is a bad debt. Although his net asset is still 2 dollar, his Heart is palpitating.
The net asset of the country = 3 dollar again.
Who has stolen the 3 dollar from the country ?
Of course, before the bubble burst B thought his land worth 4 dollar.
Actually, right before the collapse, the net asset of the country was 6 dollar in paper. his net asset is still 2 dollar, his heart is palpitating.
The net asset of the country = 3 dollar again.
(9) B had no choice but to declare bankruptcy. C as to relinquish his 2 dollar bad debt to B but in return he acquired the land which is worth 1 dollar now.
A owns the 2 coins, his net asset is 2 dollar. B is bankrupt, his net asset is 0 dollar. ( B lost everything ) C got no choice but end up with a land worth only 1 dollar (C lost one dollar) The net asset of the country = 3 dollar.
****************End of the story***************************
There is however a redistribution of wealth.
A is the winner, B is the loser, C is lucky that he is spared.
A few points worth noting -
(1) When a bubble is building up, the debt of individual in a country to one another is also building up.
(2) This story of the island is a close system whereby there is no other country and hence no foreign debt. The worth of the asset can only be calculated using the island's own currency. Hence, there is no net loss.
(3) An overdamped system is assumed when the bubble burst, meaning the land's value did not go down to below 1 dollar.
(4) When the bubble burst, the fellow with cash is the winner. The fellows having the land or extending loan to others are the loser. The asset could shrink or in worst case, they go bankrupt.
(5) If there is another citizen D either holding a dollar or another piece of land but refrain to take part in the game. At the end of the day, he will neither win nor lose. But he will see the value of his money or land go up and down like a see saw.
(6) When the bubble was in the growing phase, everybody made money.
(7) If you are smart and know that you are living in a growing bubble, it is worthwhile to borrow money (like A ) and take part in the game. But you must know when you should change everything back to cash.
(8) Instead of land, the above applies to stocks as well.
(9) The actual worth of land or stocks depend largely on psychology.
Wednesday, April 23, 2008
diskette failures
When I worked for a company that had a contract with 3M, 3M had asked me to write them a memo describing why we were having problems with diskette failures. I said in the memo that the disks were failing due to head crashes. "If the customers would just clean their heads periodically, we wouldn't have these problems," I said in the memo. One customer responded with "What kind of shampoo do you recommend?"
Ant and the Grasshopper
Ant & Grasshopper
The Ant works hard in the withering heat all summer building its house and laying up supplies for the winter.
The Grasshopper thinks the Ant is a fool and laughs & dances & plays the summer away.
Come winter,the Ant is warm and well fed. The Grasshopper has no food or shelter so he dies out in the cold.
Modern Version
The Ant works hard in the withering heat all summer building its house and laying up supplies for the winter.
The Grasshopper thinks the Ant's a fool and laughs & dances & plays the summer away.
Come winter, the shivering Grasshopper calls a press conference and demands to know why the Ant should be allowed to be warm and well fed while others are cold and starving.
NDTV, BBC, CNN
show up to provide pictures of the shivering Grasshopper next to a video of the Ant in his comfortable home with a table filled with food.
The World is stunned by the sharp contrast. How can this be that this poor Grasshopper is allowed to suffer so?
Arundhati Roy
stages a demonstration in front of the Ant's house.
Medha Patkar
goes on a fast along with other Grasshoppers demanding that Grasshoppers be relocated to warmer climates during winter.
Amnesty International and Koffi Annan criticizes the Indian Government for not upholding the fundamental rights of the Grasshopper.
The Internet
is flooded with online petitions seeking support to the Grasshopper (many promising Heaven and Everlasting Peace for prompt support as against the wrath of God for non-compliance).
Opposition MPs stage a walkout. Left parties call for "Bharat Bandh" in West Bengal and Kerala demanding a Judicial Enquiry.
CPM in Kerala immediately passes a law preventing Ants from working hard in the heat so as to bring about equality of poverty among Ants and Grasshoppers.
Lalu Prasad
allocates one free coach to Grasshoppers on all Indian Railway Trains, aptly named as the 'Grasshopper Rath'.
Finally, the Judicial Committee drafts the 'Prevention of Terrorism Against Grasshoppers Act'
[POTAGA], with effect from the beginning of the winter.
Arjun Singh
makes ' Special Reservation ' for Grasshoppers in Educational Institutions & in Government Services.
The Ant is fined for failing to comply with POTAGA and having nothing left to pay his retroactive taxes,it's home is confiscated by the Government and handed over to the Grasshopper in a ceremony covered by NDTV.
Arundhati Roy calls it 'A Triumph of Justice'.
Lalu calls it 'Socialistic Justice
'.
CPM calls it the ' Revolutionary Resurgence of the Downtrodden'
Koffi Annan invites the Grasshopper to address the UN General Assembly.
Many years later...
The Ant has since migrated to the US and set up a multi-billion dollar company in
Silicon Valley .
100s of Grasshoppers still die of starvation despite reservation somewhere in India...
As a result of loosing lot of hard working Ants and feeding the Grasshoppers, India is still a developing country
!!!
The Ant works hard in the withering heat all summer building its house and laying up supplies for the winter.
The Grasshopper thinks the Ant is a fool and laughs & dances & plays the summer away.
Come winter,the Ant is warm and well fed. The Grasshopper has no food or shelter so he dies out in the cold.
Modern Version
The Ant works hard in the withering heat all summer building its house and laying up supplies for the winter.
The Grasshopper thinks the Ant's a fool and laughs & dances & plays the summer away.
Come winter, the shivering Grasshopper calls a press conference and demands to know why the Ant should be allowed to be warm and well fed while others are cold and starving.
NDTV, BBC, CNN
show up to provide pictures of the shivering Grasshopper next to a video of the Ant in his comfortable home with a table filled with food.
The World is stunned by the sharp contrast. How can this be that this poor Grasshopper is allowed to suffer so?
Arundhati Roy
stages a demonstration in front of the Ant's house.
Medha Patkar
goes on a fast along with other Grasshoppers demanding that Grasshoppers be relocated to warmer climates during winter.
Amnesty International and Koffi Annan criticizes the Indian Government for not upholding the fundamental rights of the Grasshopper.
The Internet
is flooded with online petitions seeking support to the Grasshopper (many promising Heaven and Everlasting Peace for prompt support as against the wrath of God for non-compliance).
Opposition MPs stage a walkout. Left parties call for "Bharat Bandh" in West Bengal and Kerala demanding a Judicial Enquiry.
CPM in Kerala immediately passes a law preventing Ants from working hard in the heat so as to bring about equality of poverty among Ants and Grasshoppers.
Lalu Prasad
allocates one free coach to Grasshoppers on all Indian Railway Trains, aptly named as the 'Grasshopper Rath'.
Finally, the Judicial Committee drafts the 'Prevention of Terrorism Against Grasshoppers Act'
[POTAGA], with effect from the beginning of the winter.
Arjun Singh
makes ' Special Reservation ' for Grasshoppers in Educational Institutions & in Government Services.
The Ant is fined for failing to comply with POTAGA and having nothing left to pay his retroactive taxes,it's home is confiscated by the Government and handed over to the Grasshopper in a ceremony covered by NDTV.
Arundhati Roy calls it 'A Triumph of Justice'.
Lalu calls it 'Socialistic Justice
'.
CPM calls it the ' Revolutionary Resurgence of the Downtrodden'
Koffi Annan invites the Grasshopper to address the UN General Assembly.
Many years later...
The Ant has since migrated to the US and set up a multi-billion dollar company in
Silicon Valley .
100s of Grasshoppers still die of starvation despite reservation somewhere in India...
As a result of loosing lot of hard working Ants and feeding the Grasshoppers, India is still a developing country
!!!
Thursday, September 6, 2007
Realistic laws...!
Realistic laws that Newton forgot to state....
LAW OF QUEUE: If you change queues, the one you have left will start to
move faster than the one you are in now.
LAW OF TELEPHONE: When you dial a wrong number, you never get an
engaged one.
LAW OF MECHANICAL REPAIR: After your hands become coated with grease,
your nose will begin to itch.
LAW OF THE WORKSHOP: Any tool, when dropped, will roll to the least
accessible corner.
LAW OF THE ALIBI: If you tell the boss you were late for work because
you had a flat tire, the next morning you will have a flat tire.
BATH THEOREM: When the body is immersed in water, the telephone rings.
LAW OF ENCOUNTERS: The probability of meeting someone you know
increases when you are with someone you don't want to be seen with.
LAW OF THE RESULT: When you try to prove to someone that a machine
won't work, it will!
LAW OF BIOMECHANICS: The severity of the itch is inversely proportional
to the reach...
LAW OF QUEUE: If you change queues, the one you have left will start to
move faster than the one you are in now.
LAW OF TELEPHONE: When you dial a wrong number, you never get an
engaged one.
LAW OF MECHANICAL REPAIR: After your hands become coated with grease,
your nose will begin to itch.
LAW OF THE WORKSHOP: Any tool, when dropped, will roll to the least
accessible corner.
LAW OF THE ALIBI: If you tell the boss you were late for work because
you had a flat tire, the next morning you will have a flat tire.
BATH THEOREM: When the body is immersed in water, the telephone rings.
LAW OF ENCOUNTERS: The probability of meeting someone you know
increases when you are with someone you don't want to be seen with.
LAW OF THE RESULT: When you try to prove to someone that a machine
won't work, it will!
LAW OF BIOMECHANICS: The severity of the itch is inversely proportional
to the reach...
Friday, July 20, 2007
Some Doubts
1. When dog food is new and improved tasting, who tests it? (to be given a thought)
2. If the "black box" flight recorder is never damaged during a plane crash, why isn't the whole airplane made out of that stuff? (very good thinking)
3. Who copyrighted the copyright symbol? (who knows)
4. Can you cry under water? (let me try)
5. Why do people say, "you've been working like adog" when dogs just sitaround all day? (I think they meant something else)
6. Why are the numbers on a calculator and a phone reversed? (God knows)
7. Do fish ever get thirsty? (let me ask and tell)
8. Can you get cornered in a round room? (by oneseyes)
9. Why do birds not fall out of trees when they sleep? (tonight I will stayand watch)
10. If corn oil is made from corn, and vegetable oilis made from vegetables,then what is baby oil made from?
(No comments)
11. What should one call a male ladybird? (Nocomments)
12. If a person suffered from amnesia and then was cured would they rememberthat they forgot?
(can somebody help )
13. Can you blow a balloon up under water? (yes u can)
14. Why is it called a "building" when it is already built? (strange isn't it)
15. If you were traveling at the speed of sound and you turned on your radio would you be ! Able to hear it?
(got to think scientifically)
16. If you're traveling at the speed of light and you turn your headlights on, what happens?
17. Why is it called a TV set when theres only one? (very nice)
18. Why do most cars have speedometers that go up to at least 130 when you legally can't go that fast on any
road?
19. If drink & drive is not allowed why the hell they have parking in Bars?
2. If the "black box" flight recorder is never damaged during a plane crash, why isn't the whole airplane made out of that stuff? (very good thinking)
3. Who copyrighted the copyright symbol? (who knows)
4. Can you cry under water? (let me try)
5. Why do people say, "you've been working like adog" when dogs just sitaround all day? (I think they meant something else)
6. Why are the numbers on a calculator and a phone reversed? (God knows)
7. Do fish ever get thirsty? (let me ask and tell)
8. Can you get cornered in a round room? (by oneseyes)
9. Why do birds not fall out of trees when they sleep? (tonight I will stayand watch)
10. If corn oil is made from corn, and vegetable oilis made from vegetables,then what is baby oil made from?
(No comments)
11. What should one call a male ladybird? (Nocomments)
12. If a person suffered from amnesia and then was cured would they rememberthat they forgot?
(can somebody help )
13. Can you blow a balloon up under water? (yes u can)
14. Why is it called a "building" when it is already built? (strange isn't it)
15. If you were traveling at the speed of sound and you turned on your radio would you be ! Able to hear it?
(got to think scientifically)
16. If you're traveling at the speed of light and you turn your headlights on, what happens?
17. Why is it called a TV set when theres only one? (very nice)
18. Why do most cars have speedometers that go up to at least 130 when you legally can't go that fast on any
road?
19. If drink & drive is not allowed why the hell they have parking in Bars?
Tuesday, June 26, 2007
Theory and Application
Theory:
Kirchoff's Current Law (KCL):
At every node, the sum of all currents entering a node must equal zero.
Kirchoff's Voltage Law (KVL):
The voltage law says that the sum of voltages around every closed loop in the circuit must equal zero.
Application :
Please apply Kirchoff's Current and Voltage laws to the following figures.
*
*
*
Picture[1]
Picture[2]
:)
Kirchoff's Current Law (KCL):
At every node, the sum of all currents entering a node must equal zero.
Kirchoff's Voltage Law (KVL):
The voltage law says that the sum of voltages around every closed loop in the circuit must equal zero.
Application :
Please apply Kirchoff's Current and Voltage laws to the following figures.
*
*
*
Picture[1]
Picture[2]
:)
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