Change, change and change

So the prophesies of certainly, theoretically future has been belied again. GS predicted BRIC after china had silently risen already...it lasted for few years when Next 11 came. Now another twist. When obituaries for Europe was being written, it is emerging more of a solid block. So the customary power is back. And eternally optimistic Indians will be dis-heartened after reading this.

So this leaves the world in contrasting 3 blocks: US, Europe and China. Capitalistic (still), socialist and neo-communist. It is the game of Keynes, free market and state control...new theories are being tested. Hopefully the 2nd wins.

Meanwhile, it also means that big money-makers, in absence of new productivity, can manufacture money by increasing its speed (currency). No wonder we are living in so fast forward yet decadent world.