Sunday, August 12, 2007

Just In Time

Yesterday my term two midterm got over at 1200 hrs.and since
then I have been stuck in assignments . It seems my whole life
has become an assignment to be submitted in a wooden box at
a specific time ( usually 4 AM ). Most of our assignments are due
at 8 AM and most of the box is empty by 4 but full by 8 .We seem
to have learned the much vaunted art of " just in time delivery "
from Toyota already,at least as far as assignment submissions are
concerned.
I have just read an article which states that in the coming years
and even currently it is the central banks of China and India
which are responsible for determining the global monetory
conditions .It states "The days when central-bank watchers could
just focus on the Fed and perhaps the ECB in order to assess
“global” monetary conditions are over. They no longer control
the amount of money sloshing around the world and, as financial
markets become ever more linked, analysts will need to pay more
attention to central banks in the emerging world". A very
interesting article, which makes a lot more sense now , even
after a miserable showing in the global eco. exam , but as they
say in Hyderabad " I am here for the knowledge and not the
grades , only ".

1 comment:

Venkat S Murthy said...

that applies to us-engineering students , also !