Today, we woke to the disturbing news that the dollar-rupee exchange rate is the highest it's been for a long while; it opened at 62.30 today, with no indication of when the nosedive will be arrested. In fact, many analysts are gloomily predicting that the century might be up in a few years, at this rate.
So why exactly is our economy steadily weakening, as compared to that of the US? Of course, there are lots of reasons that the financial pundits will tell you, but we bring you the secrets no one else will even dare utter. Here is why the exchange rate has become worse and worse;
1. There's hardly any match fixing in the US: Every year, the IPL in India is two months that completely consume our minds, hearts and wallets. And, this year, we saw a lot more of its ugly underbelly than we wanted to. With our loss of interest in the IPL, our economy suffered. And there was no similar problem in the US - the Super Bowl seems to be squeaky clean.
2. The US invades every oil-rich nation: And therefore always has enough oil both to satisfy its citizens' needs, and to sell to other countries. Whereas India has a chronic oil shortage - most of our oil is on our children's heads, instead of being in oil wells and tankers. Just compare petrol prices to understand the magnitude of the problem!
3. We don't appreciate Sherlyn Chopra enough: For most of us, Sherlyn is someone who has a twitter account that we check twice a day for the latest scantily-clad picture. But for the US, she is someone who can appear on the cover of Playboy, or wow the audience at Cannes with a breathtaking skin show. So they gain revenue from her, while she gains only twitter followers in India. US economy - 1, Indian economy - 0.
4. US TV is more interesting: We don't have enough that's Indian and worth watching on TV. Everything that's good ends: Sarabhai, we're looking at you. Whereas US TV has always fascinated us - we watch new episodes the minute they are released there, and fill up the time between new episodes with reruns of 90s sitcoms.
5. Our politicians suck more blood: If one thinks of politicians everywhere as mosquitoes (with due apologies to the mosquitoes), those in the US mostly don't bite, and are old, boring and well-meaning. While those in India suck blood, money, and the life out of all of us. Sadly, their scams have also sucked the life out of the Indian economy, which grows weaker and weaker.
When do you think the dollar will bring up its long awaited century against the rupee? Tell us in the Comments Section!
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