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How stimulating!

Cup of herbal tea, a little square of chocolate....?  Perhaps a cup of decaf, smooth as milk?
 
Today is Thursday, when the Bank of England and the ECB will issue some statements regarding
the interest rates (which are already at an all-time low) or other measures to stimulate the economies
in Europe.
 
After the recent aggregate £375 Billion pumped into the U.K. economy, Sir Mervyn King has to ponder the question of whether another £50 Billion stimulus would be prudent and necessary.  Are the MPC allowed to open their minds to him? 
 
If I had the privilege of sitting on the MPC (which I would welcome at some point in the future, even gratis), I would suggest looking at it this way:  the recent stimulus of £375 Billion quantifies at around for a population of 66 million, at £5681 per head.  By contrat, the U.S. economy, with a population of 330 million, has had a recent stimulus post-2008 of 3T, quantifying at $9090 per head.  At current exchange rate for cable, that is £6060 per head in U.S., so the U.K. would be justified in doing another £379.60 per head, or....well, simple multiplicaion by 66 million....another £25 Billion or so to bring it to par with the U.S. (who will be probably stimulating further).
 
The British landscape shows a picture of shops which are not too busy, but you can't blame people for not spending what they haven't got.  The average social security payment is between £42 and £92 per week, just about enough to eat some simple food and drinks, so money for buying clothing or beds or curtains and such things is a bit scarce, compared to the bankers bonuses (being awarded from money which the banks are hoarding from the stimulus).  More of the stimulus needs to go to retail customers, either through increase in social net, or through direct lending at sensible rates, so the poor don't become victims of the sharks.
 
An additional stimulus of £25 to £50 Billion would be in order, I believe.  Not only that, to feed in an additional £5 per head may require stimulus of upto £275 Billion in due course, leaving scope for another £225 over the next year or 18 months.  That really would be sufficient to stimulate the economy in England, and make it the green and pleasant land it is, with a landscape of thriving businesses and factories, and restaurants (Chinese, Indian, Italian, Greek, Thai, Lebanese, et al), and proud house-owners and expensive cars being driven at a sedate pace. 
 
Such is how it should be, Sir Mervyn.
 
Kind regards,
Duru-darshan.
 
 
 

25 Years after they became Rich

It is almost a sermon for the times that may be surmised from the reading of two books.
 
There is a chapter in Think and Grow Rich, which tells of a fabulous party at a hotel where eight of the richest and most influential men of those days are assembled.  They transact business deals that make them even richer.
 
You Were Born Rich picks up the thread of the story 25 years later.  Some of these multi-billionaires have died in poverty,  others ended their own lives. 
 
What was motivating and inspiring in one book gives pause for thought in the second.  Not that there is anything wrong in accumulating wealth, but some of these people had overlooked one law of life.
 
According to Bob Proctor, who is a great inspirational writer, such a law is to love humanity, not wealth.  The reversal of that law creates misery. 
 
Surmise what you will from the above, be happy and stay rich, for you were born rich.  So long as money keeps circulating in the system, and doesn't sit there "in a jar", everything should be okay, for not only is humanity born rich, we all are the spiritual wealth of God.
 
As Christmas nears, do as the Good Lord would have us do, and show your kindness to the world.
 
Wish you all a Merry Christmas.
 
Duru-darshan.
 
 

Gurdas Knowledge Action

Last few days people have put search phrases relating to Gurdas Sidhu and Knowledge to Action, and somehow found their way to my website, as I wrote about them in May at the time I attended the Business Show.
 
Since then, I have attended a couple of talks on the Stock Markets and the Forex Markets, held by Knowledge to Action and their new offshoot, Learn to Trade.  Greg Secker, who is said to be a very successful trader, owns this organisation.  His aim is to mentor successful traders.   Gurdas Sidhu is a professional trader, who became a successful trader before he graduated, running a mini Hedge Fund from his student room.
 
I have read through their literature and feel they can teach their method to people, to make money trading.  However, I am not sure if all students have the patience to actually study and then apply the rules they learn.  Nor of course is there any guarantee that if you trade by the rules then your trades will be successful. Market conditions constantly change.  Even the best looking chart formations do not necessarily follow through if investor interest is not there. 
 
Knowledge to Action offer a good course, where would be successful traders and future millionaires can purchase the software, do the immersion training on a Live Trading Floor in Chelsea Harbour for two days, then progress from there with a six month coaching programme, where they can sit at home and learn from a once a week Mentoring programme.  It is close to hand-held training to be a good trader.  It is a good course for people wishing to work in stockbroking or hedge funds or become self-employed traders.  Diligently studied and applied, the rules probably create more winners than losers. 
 
Kind regards,
Duru-darshan.
 
 

Olympics, Prosperity, Hope....

Dear Readers,
Thanks for visiting my website and blogs, I am glad to note that between 125 and 190 readers each day have read my blogs. 
 
List of blogs over last 12 days this month are as follows, as you may wish to read them:-
 
    -  Who competes and how do they win at the Olympics?
    -  Tithe for Prosperity, follow the Scriptures for Rain.
    -  The Olympics Feel Good Factor.
    -  DOW Jones Index going to try for 15,000 by the end of the year?
    -  Olympians training may provide inspiration for UK economic Recovery.
                         (Same could be said for Greece, Spain, India, every nation)
    -  Industrial production slumps in India, but there is hope....
   -  Living the gospel of Jesus Christ.
 
Please do let me know your comments.  I am always glad to hear from my readers.
 
Kind regards,
Duru-darshan.
 
 

Tithe for Prosperity, follow the Scriptures for Rain...

Today it was an energizing and inspiring gathering at the Church in Ilford. 
 
In the chapter on Faith in Jesus Christ (in Gospel Principles), I learnt that to have Prosperity, it is
essential to pay tithes.  It makes sense; money goes round in the wheel of prosperity. 
 
"We want to have rain in due season and to have peace in the land without observing the Sabbath as a holy day and without keeping the other commandments of the Lord," according to teachings of President Kimball, of the Church of Jesus Christ of Latter-Day Saints.
 
These are two important yet overlooked principles.  I hope we can all put these into effect, and then see if God does not answer our prayers. 
 
If God our Heavenly Father who keeps the galaxies moving in perfect timing, should have given certain princples to be observed, then perhaps we ought to see if there is cause and effect by meeting the logic of those principles.
 
All I will say is that my heart leapt with joy when I saw these words, this very clear message.  There should be no loss of time to put it into effect.
 
In the name of Jesus Christ our Savior, who is the Love, the Light and the Way.
 
Amen
 
(written by Durudarshan
Melchizedek priest)
 
 
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Tolstoy would have been as Christ.
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Winds, be thee still.
Wish you a Happy New Year...Prunay le gillon, Oxford and New York.
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With high energy prices, how can British steel industry survive? Yet survive it must.
Work hard, and work for peace....that way may be the noble, dignified way forward.
World Money Show, 8th & 9th November
Worldwide Economic Recovery
Would you borrow from your bank?
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Year of the Monkey.
Yulia Tymoshenko
Zimbabwe - may it continue with fair policies
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