Curious Case of Fitness: Afterburn to Diet..

bruce-lee-bruce-lee-32792002-500-492Hello Everyone this is my first note on fitness.

Many people around the world go to gym for various reasons which ranges from losing weight, to tone body, gain  muscle mass or just vanilla option to stay fit and healthy. As a veteran of fitness i will share some tips and two very important videos including one by Mike Chang of Six Pack Shortcuts.

Before we go to afterburn theory which shows why weight training not only increases your strength but also helps to burn higher calories than cardio exercises, we need to consider one very important aspect. No matter how much you exercise the most important aspect along with training is diet. A high protein diet which includes meat ( for non vegetarians), vegetables including green vegetables, milk, eggs ( the best form of protein) along with whey protein always helps. Rich source of carbohydrates like brown rice and brown bread are a must since you need energy to lift weights. It’s always better to divide your daily meal into small 6-7 meals although it might be difficult to maintain it if you have long hours of work..

But then if there is a will there is a way. 

Let’s begin by watching one of my favourite actors Matthew McConaughey who lost a lot of weight in his Oscar performance in Dallas Buyers Club. 

tom-hardy-15Afterburn theory suggests that by lifting weights with proper form you tend to burn fats for much longer period as compared to cardio in which you burn fats as long as you run. Cardio is very important since it builds stamina and strength, it goes in tandem with weight training.

In end remember you need good Sergio-Olivasleep and rest for your muscles to rebuild since you break them during gymming. Body is after-all a reflection of your mind and a healthy mind build a healthy body.

( Sergio Oliva on the side pic. The greatest bodybuilder of all time in my humble opinion). To wrap up my article, work out your schedule, experiment and see what best suits your body since what works with me might not work with you. If you struggle in the beginning to do not get worried and never give up because its ALRIGHT.. ALRIGHT.. ALRIGHT..

Please leave your comments…alright alright alright

Curious Case Of Defeat of Fascism: Hope Floats For Peace

AAEAAQAAAAAAAAWrAAAAJGI5MjlmYjMzLTkzNDYtNDlmNi1hOWI2LTMwNWRkMDBiZDgzOQThis article is dedicated to world peace and was posted sometime back on my LinkedIn and Facebook. I have added a few lines more about achievements of Japanese people in recent times. This article is not issued to commemorate hate but peace within our world. History still has not taught us that fundamentalism or fascism has done irreplaceable damage  and when are we going to learn…

World War  2 was a lesson for everyone that hate in the end makes you make wrong decisions and cause misery not only to others but also yourself…

War is only fought for economics and not for ideology…

If we look closely World War 2 was never fought for ideology but economics. War is always fought for economics to gain territorial region to bring in more revenues in the form of taxes, raw materials, benefit entrepreneurs esp. in armament industry, steel etc. and  create fear the most primordial trait in people. The Iraq war was never about World Trade Centre attack but oil and armament industry.

China, Korea and Japan 

Second Sino-Japanese War from 1937-1945, is the greatest Asian war of modern era and was fought for more resources and raw materials by Japanese imperialist army…

During this war women from China and Korea were enslaved for sex and prostituted for imperial army of Japan and this issue has hurt Chinese and South Koreans deeply.

WHAT HAVE WE LEARNT???

Hatred begets hatred..

The Issue At Hand 

Present Japanese people are surely not supportive of the war criminals. They are today respected for their technology, management inventiveness like Kaizen, TQM and manufacturing. Japanese cars are the most fuel efficient cars, technological innovative and sturdy. Japan built world class brands like Toyota, Honda and Sony to name a few. Japan revolutionised electronic industry at one point of time and gave the world walkman ( an invention which would change the way we heard music before MP4 came. Walkman did what MP3 later on in technology, it revolutionised the way we hard music. The idea behind the invention came when one of the founders daughter was listening to a tape recorder while partying. This set the idea for a portable tape recorder which was a instant hit in America.

Japanese people built brands to last with names like Sony, Toyota, Honda to name  a few. Japanese people like Germans reinvented themselves, innovated, spent heavily in R&D and built quality products at reasonable prices. Sony defined the way we saw television my making advancements in HDTV, Trinitron television sets etc. Today Japanese people are admired around the world for discipline and ability to innovate by forecasting future trends in technology. Japan were one of the first to invest heavily in robotics, artificial intelligence and other electronic devices. Although Sony now has fallen behind the curve in electronics & technology but i am sure it will again reinvent itself and come out with flying colours.

So what went wrong…

Recap: China, Japan and Korea

If you look at people from North, South East Asia and China they have very similar features.  This is because they have the same genetic makeup also known as  Y-DNA and belong to San race from Africa. Spencer Wells Genetic Odyssey has mapped the whole genome structure and we are all genetically originated from Africa and then went through mass migration which would result in all of us being grouped into different races…

Please refer to the documentary attached…I have posted it many times on my Facebook and here on my

https://www.youtube.com/results?search_query=spencer+wells+journey+of+man

China, Korea and Japan were all created on the philosophy of Confucius, a great philosopher from China. Teachings of Confucius were brought to Japan by China while teachings of Laozi and Buddhism ( brought by Koreans) also flourished in Japan. All three countries have very similar culture, phonetics of language and architecture. Rice was first cultivated in China and South Korea and man became a farmer from a hunter and agricultural skills were brought to Japan by Chinese and Koreans. Japan had limited land resources and hence went for an expansion for raw materials and imperialist conquest.

Way Ahead 

The idea is not to bring the past and develop hatred for inhumane actions by people who are no longer alive. Japanese politicians have in the past apologised with Prime Minister Abe as recently as April 29 in United States but Japanese people have never cemented their acknowledgement  in a decisive manner.

Prime Minister Shinzō Abe has done many right things to boost Japan’s economy including empowering women right’s, restarted the much delayed QE to boost consumption, but paying homage to war criminals will only infuriate an issue which should have been long closed by Japanese people.

Japan should empathise with the sufferings of people and make a step forward towards peace. Japan could open a donation fund, compensate surviving members of people who suffered, open hospitals and colleges in Nanjing, help poor people in China by sending Japanese volunteers, encourage marriages between Japan and South Korea/ China  by giving tax breaks to couples and start joint humanitarian effort globally (this will develop mutual respect among the three countries… this is something we can replicate in India also)

One way forward for Prime Minister Abe would be to hug President Xi Jinping as a brother and say we are sorry for what happened. After all Confucius said solve all problems through diplomacy….

It will be a good idea for Prime Minister Abe to  make a personal visit to China and South Korea, personally meet President Xi Jinping, Premier Li, President Park Geun-hye and Prime Minister Hwang Kyo-ah and say Japan will do whatever to restore the dignity of people especially women who were hurt….meet surviving members of victims, connect with some at personal level and see how best Japan can help………………..

Maybe during the visit in China and South Korea, Mr Abe might feel how close Japan is with both these countries.

Magnanimity is one of the greatest virtues in man. Confucius had said “ Study the past if you would define the future”

This is great  opportunity for Prime Minister Abe to decisively close the issue, make a new beginning  and cement his legacy.

With great power comes great responsibility… Maybe it’s time for President Xi and Prime Minister Abe to create history unparalleled in time and unite Asia, to take a decisive step forward for peace and win a joint Nobel Peace Prize.

I have deep empathy also for the innocent victims of bombings of Hiroshima and Nagasaki and in war it is always the innocents who die. The bombings of both the cities remains one of the greatest tragedies in human life since within a few minutes millions died as well as their progenies.

Salman Khan a prominent Indian actor beautifully said when a bullet kills a soldier, it is the mother who dies first…bombs only kill humanity…

In the last century, Japan became the first Asian economy to become developed, South Korea is already a developed nation and today China is the second leading economy in the world. Life is a circle and Asia is the genesis of presently oldest surviving civilizations and a peaceful Asia is better for economic progress. Going forward a close cooperation with China and South Korea will only help Japan in economic progress. There will be mutual transfer of technology among these countries and would in the end increase GDP and economic value of not only among these countries but world in general.

China, South Korea and Japan can set an example for the world to follow…

Lets begin a new future together…. a future of happiness, peace and harmony

Spencer Wells has scientifically proved that genetically our origin is from Africa. When Americans and Europeans enslaved Africans thinking of genetic superiority they were ignorant that their origin is after all from Africa….. We are all one….today we have science to genetically map people around the world … after all

The article is not to offend any country or community. The idea is to start a new chapter and as an Asian charity begins at home. Hope it will be taken in right spirit. At present world has much deeper problems and i understand Japanese people already realise it. So lets bury the past and start a new chapter …Hope all works out between China, Japan and South Korea

Curious Case of US Deficit: Life of Excesses

In my Curious Case Series i will be discussing about US trade deficit and why US is responsible for  its own trade deficit and not China or any other country.

I start my blog today to explain a key concept in macroeconomics by examining equation of National Savings..

S-I=NX=National Savings.  ( S=Savings, I=Investment, NX= Trade Balance).This is applicable for an open economy since for closed economy S=I. This equation signifies that  trade surplus is due to savings over investment. The for US trade deficit is not becuase of China but because Americans do not save living a life of excesses. President Obama has been one of the best Presidents in US and i greatly admire him since he believes in peace and brought down US participation in needless wars thanks to George Bush. However President Obama did not tell his citizens that the key problem facing Americans is their very low savings rate.

Source: Wikipedia
Although the savings rate is better now as compared to 2008, it is eerily coming down and compared to China which is approx. 51% and India around 32% , USis dismissal low. Although higher savings rate is good but too high in case of both China and India is not good since savings should be invested in capital markets like equity markets and this is why the retail equity participation  is low in both the countries.   Moreover the corporate leverage in US has become government leverage due to excessive quantitative easing.

Source: Market Realist

Quantitative Easing

The asset size of FED is around about USD4.5 tr is due to QE. Quantitative Easing is program through which FED increases money in the system. It is a open market operation wherein FED buys treasuries and mortgage backed securities from corporates like banks, pension funds, insurance companies etc and increases the liquidity in the system by circulating money. QE is done when nominal interest rates are zero and the central bank cannot reduce rates further so it makes it increases the liquidity in the system and makes interest rates negative. This is done so that in a recession banks and asset managers can lend money to corporates and households to boost consumption…

QE certainly did help avoid  a prolonged longer recession ( thanks in part to Ben Bernanke whose thesis in PHD was great depression of 1929)  but it has been it has used for a longer time with interest rates between 0-0.25% driving excessive liquidity again in the system.  If you remember the credit crisis was caused due to excess liquidity in the system: Alan Greenspan two major oversights ( keeping the interest rates low due to 2000 Tech crises/ September 11 attacks and failure to regulate the mortgage market )

And the cycle is repeating again: Although it is not clear how much did QE boost US consumption but it has taken asset classes like bond market, equity markets to astronomical levels.  In end we might be on the tip of another crises which is surely in US Bond market or S&P 500 which is now at all time high.

After the credit crisis Americans should have changed their behaviour and learnt that in economics there is no free lunch..But US is getting away due to its reserve currency status…We will come to it later

US politicians blame China and other economies for trade deficit is unjustified since today it is China which is the largest exporter to US, tomorrow it will another country which will  make cheaper products and cause trade deficit. Moreover Chinese products will slowly get more expensive as the wage growth keeps pace with growth in GDP and productivity and hence will make the products more expensive. A report by WSJ has already stated that BCG has estimated that the labour cost is 5% below US and by 2018 it will be cheaper to produce in US. China should of course focus on making world class brands and increase consumption. Refer to this article below.

http://www.ibtimes.com/chinas-exporters-hope-boost-yuan-devaluation-analysts-say-it-wont-solve-systemic-2050763. 

Yuan Devaluation….

Again the markets have overreacted to Yuan devaluation by only 1.9% which we will see China is justified in doing so. ( Actually IMF welcomes the devaluation as it feels it will allow market forces to greater role in determining the exchange rate.. refer to fig below on yuan).  Renminbi follows a crawler peg to the dollar over the last few years and for the last 20 years China has not intervened in the currency markets. Recent article on Bloomberg has correctly stated that  dollar ( which has been one of the best performing currency in the world) has caused Yuan to appreciate against other currencies. IMF had recently announced that the Yuan is fairly valued  and the recent one off devaluation is at best a correction in the overvalued Yuan. Recent data from the Bank for International Settlements, the Basel-based central bank for central banks, indicated the yuan had become the second-strongest major global currency in the world after the Swiss franc. It calculated that the yuan had risen 26% to June from 2010, according to a measure called the real effective exchange rate which measures its strength against a basket of other major currencies. (Source:http://www.wsj.com/articles/yuan-devaluation-enters-debate-on-whether-currency-is-undervalued-1439307298).

Therefore China has done the right thing in devaluing the currency and a 1.9% is a very small devaluation and as stated by Central bank as one time devaluation.

Inclusion in SDR

China deserves to be included in the basket of reserve currencies called SDR since it is by far the most dominant economy in the last few years. ( Refer my article Curious Case of Chinese Equity Markets). Most important China has made a huge progress  in internationalising its currency.

Look at the chart below 

Source: Bloomberg.com

Moreover Yuan trades in offshore market as CNH in Hong Kong which closely tracks CHY in Mainland China. China also like India helps investors to hedge Yuan by playing in Non Deliverable Forwards Market. China cannot allow Yuan to be free float too soon since the currency market is dominated by speculators and hedge funds and they would drive up Yuan to unreasonable limits. Moreover lately Yuan is more defined by markets than government interference. Look back into history “Plaza Accord “which was one of the prime reasons for Japanese collapse ( appreciated Yen  to a very high level against the dollar).

US is worried that China might replace it as a reserve currency and hence it is trying to delay China’s entry in SDR.

This is really wrong on two parts. First, dollar should be one of the worst currencies due to huge budget deficit and debt to GDP ratio. Dollar being the reserve currency is making Americans have free lunch for their excesses since countries have to buy US treasuries and this makes the dollar stronger apart from that energy especially oil is still bought in dollars. Many reasons for Dollar to be the reserve currency ( one among many is petro dollars). China this year has become the largest importer of energy so it is now more influential compared to US in middle east. Going back to 2008 crises it was China which bought US treasuries and helped stabilize Dollar when the world was collapsing around US. China still holds the largest amount of US treasuries if i am not mistaken..

Second, US corporations make handsome profits by outsourcing work in China. Apple assembles phones in China for USD 300 and sells for USD 900 which in turn has increased the competitiveness of US firms and build huge cash reserves. As a matter of fact Yuan is today one of the most tradeable currencies worldwide. Today China invests more in US real estate ( overtaking Canada) shows Chinese people believe in internationalization of Yuan since it is an outward flow of capital by investing in US dollars…..

If you look over the last two decades most of the crises has come from US right from LTCM crises, Tech Bubble and Credit crises which resulted in countless jobs lost ( which also affected by employment). US has to understand that both US and the whole world will benefit as China rises. China rise will ultimately try to balance  power between US and China since power tends to corrupt and absolute power corrupts absolutely. China’s rise will ultimately lead to better economically resource allocation as well as more technological breakthrough which will lead to healthy competition and lower prices for customers.

Going forward, Yuan should be included as a reserve currency in SDR..

I hope Americans can learn a lesson of their past mistakes especially since they owe China. As a matter of fact the world owes to China in the last few years and otherwise we would have had a very deep global recession. US leads in innovation, has world class education and ability to attract the best talent,was formed on a very holistic principle of equality for all………………………………..,.

As the number one economy US should lead by an example: propagate peace, economic progress and well being among all the countries…………………………..

Nishant also known as Nish can be followed on his Facebook https://www.facebook.com/nish2worldpeace.

Nishant is passionate about global peace and economic growth 

Afternote: Professor Robert Shiller’s cyclically adjusted price earnings ratio — or Shiller CAPE — for the S&P 500 stands at 27.2, some 64 per cent above its historic average of 16.6. On only three occasions since 1882 has it been higher — in 1929, 2000 and 2007. Please refer to news.. S&P 500 is a bubble. I had published this article on LinkedIn on 13 August about the bubble in S&P 500 and US equities.The S&P 500 has fallen more than 5% in last 5 days…..Well more has to come..I made a timely prediction..

I did not mention about Triffin Dilemma an economic theory which describes the basic differences in the objective of a country with reserve currency leading to imbalances in current account. Further you could read more about the topic in a paper by Dr. Zhou Xiaochuan, an eminent economist and the present governor of China who suggested moving into SDR as a global currency ( based on Keynesian concept of Bancor)

Coming up part 2 of this article..Learn something  

Curious Case of Coffee: Starbucks a Cathedral of Creativity

Starbucks, Koregaon Park  is a two storey 12049653_652961554846923_5948716917162238422_nlounge in Pune,India. It is very spacious, with free wifi, courteous staff, amazing ambience and decorum. I consider Starbucks as my office now since i write most of my views & articles here as well as read books.  I do not drink much Coffee since it is a very strong stimulant but then there are so many other options to choose from the wide menu at Starbucks. Initially I found the place to be expensive but as the time progressed i realised the true worth of Starbucks.

Starbucks Continue reading “Curious Case of Coffee: Starbucks a Cathedral of Creativity”

China:The Han Bull

China

“He who will not economize will have to agonize”…Great Confucius

China the mighty Han Empire based on the philosophy of Spiritual leader Confucius has emerged over the last decade as a raging bull and has stormed into the world with its unique business model.China’s rise as the second largest economy in the world on the back of investments and consumption has been remarkable. China is not only the greatest trading power in the world but also one of the largest importers of commodities thus driving the world economy. Continue reading “China:The Han Bull”

Please sign this petition by Malala Yousafzai

Hello Everyone

Please sign this petition by Malala Yousafzai. Malala Yousafzai is the youngest recipient of Nobel Peace Prize and her life is an inspiration for millions of people world wide. She stood up to Taliban for her fundamental right of education and survived an attack by Taliban. I am attaching the link to her petition and  her Nobel acceptance speech. So Malala go, we are with you

https://www.change.org/p/stand-withmalala-for-girls-education?recruiter=52185396&utm_campaign=signature_receipt&utm_medium=email&utm_source=share_petition

 

http://blog.malala.org/post/129566493792/international-peaceday-peace-starts-with?source=fb_092115

Curious Case of Chinese Equity Markets

Curious Case of Chinese Equity Market

Premier Deng Xiaoping “It doesn’t matter if a cat is black or white, so long as it catches mice”
“My name is Benjamin Button, and I was born under unusual circumstances.

While everyone else was aging, I was getting younger… all alone” Brad Pitt from the movie Curious Case of Benjamin Button.

China one of the oldest civilizations still exudes charm and youthful vigor seen missing among some younger civilizations. Continue reading “Curious Case of Chinese Equity Markets”