BL Today - On Economy; GOD, et al

  7th July

Debt traps India Inc as profits fail to cover interest outgo | Business ...

"....as profits fail to cover interest outgo"

A queer rather preposterous way to reveal the underlying worrisome realities. Saying or suggesting that profit failed , hence interest outgo not covered, and that led to the debt trap faced, is, to borrow a Latin phrase, - suppressio veri, suggestio falsi

The true culprit at the bottom of it all is reckless attitude leading to deficiencies in the very fundamental exercise - ‘budgeting’; and lack of experience and expertise in the whole lot of attendant functions - comprehensively, ‘corporate governance’.
MaY it please Experts to ponder and help to dilate!

 COMMENT (4)   

• A QUACK
  

  "....as profits fail to cover interest outgo" Reaction of a common man : A queer rather preposterous way to reveal the underlying worrisome realities. Saying or suggesting that profit failed , hence interest outgo not covered, and that led to the debt trap faced, is, to borrow a Latin phrase, - suppressio veri, suggestio falsi. The true culprit at the bottom of it all is reckless attitude leading to deficiencies in the very fundamental exercise - ‘budgeting’; and lack of experience and expertise in the whole lot of attendant functions - comprehensively, ‘corporate governance’. May it please Experts to ponder and help by dilating !

  a day ago

@http://latin-phrases.co.uk/terms/legal/

<Earlier

On a prayer

Etiquette in the time of information overload

& I-T Dept may make 'date of birth' proof mandatory for PAN card 20 hr. 47 min. ago

  Link.

Govt plans to introduce DTC Bill in monsoon session 23 hr. 27 mi

&Is the one on top a real life road side photograph depicting the perspective observation all around or specially faked for the purpose!

One is provoked to rush into the public road outside own abode and run shouting- eureka !  Looks all  a part of the  game of merry go round  our men in governance have a special charm for , verging  on an addiction to ; a mind teasing vicious circle !
Does that mean, the ubiquitous  aadhaar,  till y’day regarded an  identity or address proof enough, is going to be pushed to the last seat or  row ; that too, after having expended millions of public money  in giving birth to the idea and still striving to project it as a well conceived  foolproof one?

 

Why this slowdown is here to stay ? (???????)

"Will it be a V, U or the dreaded W?......Extricating the economy from it is also likely to prove much more difficult than it did in 2008-09. Here is why."

Reaction (not to be mistaken it to be in a lighter or Jugular vein :

To toe the line of thoughts filled to the brim with profound pessimism, with no answer or solution one can prudently , much less honestly, venture to offer at this late stage,- IS it not high-time  for the economy to chart the x-shaped recovery , leaving open for the nonce whether or not economists would love to talk about, or prefer to keep musing  on a fresh imponderable poser -Will it be a X, Y or the dreaded Z ?

Calling God   !!!!!!!!

 <Having exhausted all their options, including various types of agitation, the People’s Movement Against Nuclear Energy in Idinthakarai near the Kudankulam nuclear plant has directly approached God. >

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