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Showing posts with the label 2008 Global Financial Crisis

Why my parent stay away from stock markets

The previous generation, our parents, often shied away from investing in the stock markets. Their apprehension was not unfounded, given the financial scandals and economic crises that have rocked the investment world over the years. Here's a closer look at some of these events and their implications: 1. The 1992 Harshad Mehta Scandal: In 1992, (I was in class 12)  the Indian stock market was hit by a colossal scam orchestrated by Harshad Mehta, amounting to 4000 Crore. This scandal caused the stock market to plummet by more than 50%, shaking investor confidence to its core. Example: Imagine an investor who had put their life savings into the stock market before the crash. The value of their investment would have halved almost overnight, causing significant financial distress. In response to this scandal, the Indian government passed the Securities Laws (Amendments) Act in 1995, granting the Securities and Exchange Board of India (SEBI) the authority to regulate depositories, Foreig

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Root Cause Analysis: 2023 Las Anod conflict

 Hello there!  So, I've been looking into the 2023 Las Anod conflict and wanted to share with you what I found. According to various media reports and sources, it seems like there's a root cause analysis we can do to better understand what happened. Oh, did you know that Las Anod has been under Somaliland's control since 2007? They actually kicked out the Puntland army from the regional capital with the help of local militia. Oh wow, it's been reported that the security situation in Somaliland has gotten worse. According to the Raad Peace Research Institute, around 120 important clan and community leaders have been assassinated in the city between 2007 and 2022. So in December 2022, there were a bunch of civil demonstrations and unrest happening in the Sool region. People were feeling like they were being left out of the political process in Somaliland, and that's what was driving all the commotion. Oh, did you hear about the pro

Binders that are useful for making cow dung bricks

           Discover the secret to making sustainable cow dung bricks with these good binders.                                                                                 Using binders to create bricks out of cow manure is an impossibility for obvious reasons. Cow dung or gobar, in and of itself, already possesses a binding quality. That, however, is not sufficient for the production of bricks that may be utilised in construction work that bears a load. However, in order to guarantee that these bricks will remain sturdy and long-lasting over the course of time, it is possible that a binder or various naturally occurring binding materials will be required. As a result, in this post, we will discuss the significance of binders and the various types that can be utilised while fabricating bio bricks. Before the cow manure is compressed into bricks and exposed to the sun to dry, the standard procedure calls for the addition of straw to the manure from the cows. Rice, wheat, or another ty

The Power of Reflecting back: How it can Improve Your Thought Process

Yes , my reflections on my own life ...  The adage "age is just a number" is frequently used to characterise people who have achieved much in life despite their elderly years. 🎉 I take comfort in this proverb as I approach my midlife crisis; it serves as a constant reminder that I am not limited by my chronological age. ⏳ I've spent a lot of time thinking and reflecting on how to improve my actions and routines over the course of my life. 💭 While I have had some success in this area, I estimate that 80-90% of my deliberate endeavours have failed. 😔 I've been unable to find happiness in life due to several undesirable behaviours and characteristics of my own. After giving it some thought, I've come up with a few causes for my difficulties. My inability to get things done quickly, for example, is due in large part to my lack of self-discipline and procrastination. 🤦‍♀️ The fact that I'm too chicken to explore traditional things has also stunted my developmen