But how to sift through a current set of problems (or benefits for that matter) perceptible on the ground and neatly package them as the result of sig (X1, X2, X3....Xn) in some precise way to actions of (A1, A2, A3...An)?
Very sophisticated, dear Sir, if you remember who the original sophists were.
Of course everything is interconnected; we need not fall back onto hoary old chestnuts from science fiction classics about the impossibility of changing a single event in the past without drastic, unpredictable effects on the present. The nice thing about arguing for this essential unity of all existence is, of course, the ability to declare ourselves guilt-free, and innocent of the impact of our actions. We can't be blamed; it is all tied up in everything else, and how do you know what accounts for which? I shot the sheriff; I knew no better, I had a socially deprived upbringing, pulling a Peacemaker was supposed to be cool, why blame me?
Not an unfamiliar argument, trust me. Only that smidgin less used than the classic, "Befehl ist Befehl."
Lot of the NBFC problems have their largest genesis in the UPA administration and its addiction to hot money + pushing this through for lending at all levels (instead of doing the wiser thing and instituting reforms and/or improving business parameters so such money can flow into cold capital)....combined with its over reliance on demand side gross subsidy transfer.
Of course, it was somebody else's fault.
"Wrecked among the poor, cash dependent classes".....explain to me how that happens (esp this far downstream in time) if ~ 99% of the money was returned?
Once you suck out the money and sequester it, is the restoration automatic and immediate? Remind this stupid old man about the time velocity of money, and how it is magically suspended for Chhappanincheswar.
If the corrupted sector of a hard disk amounts to just 1%, how would turning it off and on make a huge difference in its larger operation once the RPMs are whirring and the OS is loaded again?
Not the best analogy, is it, dear Sir? Let us remind ourselves - or, tell you what, you can do the reminding, and take the pulpit - of the difference in time scales between an electronic device and an economy. The same economy that declined to 4% of the world economy in 90 years - by some accounts, 190 years - from 25%, and has got nowhere those figures in a subsequent 70 years.
Again...(it is my opinion) the larger NBFC distress comes from actual structural leveraging stasis (by bad conduits on how this credit was made available and where it was deployed without proper referencing) and its cascade with time that is only now starting to bottom out. Demonetisation needs a proper larger time scale to monitor what the tax compliance numbers result in.
Of course. We must make these little sacrifices in the name of science and for the sake of completeness in demonstrating the effects of a radical change made. We cannot make an omelette without breaking eggs. I cannot help reminding you sardonically that Dr. Mengel might have used the identical arguments (please, that is not the equivalent of calling you Dr. Mengel; it is only a parallel being presented, perhaps with some added bitterness and some greater force).
The recent economic survey was quite good read. From the previous one before, was this little tid bit from (previous) Subbu about what I am going on about tax compliance:
https://www.financialexpress.com/bu...on-impact-narendra-modi-arun-jaitley/1034096/
This needs term 2 data...and also to gauge w.r.t the coming higher-expansionary cycle (i.e the more crucial overall tax revenue size) given the bottoming-out cycle has the multi-variable related slow-down at play when talking about its tax revenue decline (while ITRs+compliance increased).
Have you heard the (previous) Subbu in his post-Mengel phase? He sounds rather different.
So good to see you around Blain. You, fatman, Muradk were some of posters that i used to follow. Anyways getting back to topic
with regards to people killed ! Indians do not know the names of casualties and as such Intelligence Agencies cant even verify. These are all expendable souls ! They might have very well had their funeral prayers - but it might have been passed of as a road accident. 200 - 300 road accidents across Pakistan on different days is not a difficult thing to pass of as. Anyways - these are conspiracy theories. The point - # of casualties cannot be established. Strategically Balakot raid achieved its objective.
PAF would have done nothing of that sort. PAF's only objective was to placate its domestic audience. It was serving and is still serving its primary master which is the Army. PAF and Army was under tremendous pressure to act to contain domestic feelings. After all PAK fazaia ka izzat ka sawal hain. So in all reality it cooked up the response. On the contrary the fact it did not bomb Indian command posts - goes to show that it was vary of Indian response. Alternative theory is that - It genuinely missed the targets due to the Mig 21's which suddenly came into the picture. One will never know
Reason is above. PAF achieved its objective. Objective was to make domestic audience think that it had evened the score and achieved parity. Thereby reducing the pressure and itself and the Army. Clearly it achieved the objective - so why should they press on !
Please publish the ELINT of IAF Su30 MKI kill. The only record is from Kaiser Tufail who was acted as an unofficial record keeper for PAF. There has not been a single official display of any radar images from PAF. Also further - Tufail himself edited his official record couple of times after it was pointed his fallacy behind crediting Su 30 MKI kill. IAF to its credit - never backed down from its story. It always maintained right from day 1 a consistent story. Whereas (thanks to talented Gafoor) there are so many versions to PAF story. I am not even sure where to start. Coming to think of it - you guys clearly value Mig 21 more since the pilot who shot down Mig21 received a higher award than the pilot Su 30 MKI pilot - ohh wait ! I forgot the second pilot received the award for imaginary kill
ISI is actually quite good.
Your points are illogical at best. You should perhaps read how operational pilots prepare for war time sorties. Its the same thing world over
The bold part i agree. Other than radar images, ELINT, recorded conversations - Indians do not have anything to show for it. Like i said - Truth will come out. Two planes went down - Only one was IAF. It is such a sad state of affairs for a pilot who was martyred but never was recognized !
Like you said discussions are counter productive. We both are going to stick to our interpretation of things. So lets hope for best.
While I have my own views on this subject, I just wanted to say that you argued this particular point of view very well. I am here on this thread by accident, btw.
time to generate a ignore list.
LOL.
Yes, Sir.
It still stings a bit to include a fellow-Indian on it.
