Thursday, August 22, 2013

Comedy by Economic Times

I read a interesting piece of view in Economic Times editorial few days back.After shedding crocodile tears about the fall in Indian currency in few sentences the newspapers says that

' we knew about this (collapse of rupee and markets) much earlier. But not to make people panic we did not write this in our newspaper. we have ethics blah..blah..blah..'

My comments

Most idiotic statement has come from times. We know times is interested party in propping up the bubble . The own artha property and are neck deep into real estate business also. Be informed that this newspaper always paints a rosy picture about the economy and had a huge role in propping up the real estate  bubble in the country. Many insuspecting news readers would have fell for the advertisements and recommendations given by the paper.

Remember with every monetary easing, this newspaper is used to write 'your home loan rate is coming down' even though the benefits are not passed on by banks. Now they are taking credit on both sides. There is a saying in tamil.

பேய் ஆட்சி செய்தால் பிணந்தின்னும் சாத்திரங்கள்...

No comments :

Post a Comment