Wednesday, June 30, 2010

review:eternal sunshine of a spotless mind

Many times we complain of our lives being strangled and choked by our relationship and express our strongest desire to come out of the labyrinth but then we sit back and realise that how much we grow as a human being because of that other person and how little we appreciate this fact.We tend to go virulent,abusive,insulting,maniacal,interrogative but then again our heart feels incomplete without that other person.This is because sometimes we fall in so much love with that imperfect,deformed vision of love that we no longer need the perfect form.But as humans we get deeply entangled into wildness,verbal abuse and character assasination that we hurt our own soul mate but the ironic part is that the best heal for the wounds is found in the same person...
This is a movie for anyone who has been or is in a relationship and has felt the fluctuations in their behaviours but found themselves still helplessly in love with the same person.
Ok...it is hard to believe that 'Joel' has been stupendously played by a certain Jim carrey who is vastly (and thankfully!) different from a certain Jim carrey of Ace Ventura and the likes.
I've met people like Joel. Unsocial, lonely, middle-aged guy who are no stranger to failing relationships, and people like Clementine. Strung out and depressed girls, with wavering hormone levels that invoke the devil in them, who are just looking for an outlet to express themselves.Eternal Sunshine requires great concentration but not laborious concentration although the subject matter can get a bit weighty when examining the metaphysical questions that the film raises. While the movie appears disjointed, it untwists itself to reveal a masterful story that has very few obvious holes other than the fanciful idea that memories could be selectively erased.


We begin in the apartment of Joel Barrish (Jim Carrey) as he awakens, seemingly deliriously, and begins his day -- Valentine's Day. On his way to work, he finds that his car has been dented, allowing the audience to relate to his character instantly. He's a brooding, self-effacing 30 something who's quite amiable when engaged but withdrawn. Impulsively, he decides to call in sick and hop a train to the beach. Of course, the beach is frigid, and, for that reason, is deserted save for a girl in a bright orange sweatshirt, Clementine. As the only two crazy enough to visit the beach in February, they seem to have an instant connection although their personalities are diametrical: Joel is an introvert, and Clementine is an extrovert. Clementine engages Joel, and they begin a firecracker relationship that begins with a visit to the Charles River.


The sanguine to his melancholy, Clementine seems to breathe life into the boring Joel, but just like that, she's gone. After a fight, Joel tries to reconcile the situation, but Clementine acts like she's never met him before. Confused, Joel seeks the advice of his friends, one of which, informs him that Clementine has had all of her memories of Joel erased by a company named Lacuna. In disbelief, Joel visits the "clinic" only to have his fear confirmed: Clementine has indeed erased Joel from her memory. Joel decides that he too will have the procedure because it's too painful for him to remember her. During the procedure, Joel is forced to reflect on his memories of Clementine, and he realizes that there were a lot of good times, great times. Joel has a change of heart, but the procedure has begun, and there's no turning back. Fighting to keep his memory of Clementine alive, we embark on a strange, imaginative (figuratively and literal) journey that evokes the full gamut of emotions. We're forced to confront how we conduct ourselves in and out of relationships. Ultimately, we see the best and worst sides of human nature, from the manipulative to the purely altruistic, and how they play a role, for better or worse, in a relationship.


For me, I was floored. It spoke to me. You will likely either love it or will find it hyped. I had to watch it again, and it flies by the second time. I could watch it over and over again because there are so many different takes on the message. It's a must see for anybody who's ever been in a relationship.

Thursday, June 24, 2010

a look at bubbles and busts

The Economists like to be fancy with pedantic terms and cliches and presumptuously impose on "less economic times and more TOI" junta like me with horrendous mathematical figuses that baffles and belittle us.So I decided to give a closer(and a less boring look) on the bubbles and busts concept
With the recuperation from the greatest recession after the Great Deprsession in progress,it becomes important to analyse what went wrong.I decide to analyse this by taking pieces of jigsaw and scrutinising it....
1.so,what is a bubble and a bust?
It is a speculative mania that is charaterised by trade in high volumes at very inflated prices.The term "bubble", in reference to financial crises, originated in the 1711–1720 British South sea bubble, and originally referred to the companies themselves, and their inflated stock, rather than to the crisis itself. This was one of the earliest modern financial crises; other episodes were referred to as "manias", as in the Dutch Tulip mania. The metaphor indicated that the prices of the stock were inflated and fragile – expanded based on nothing but air, and vulnerable to a sudden burst, as in fact occurred. Some later commentators have extended the metaphor to emphasize the suddenness, suggesting that economic bubbles end "All at once, and nothing first, / Just as bubbles do when they burst,though theories of financial crises such as debt-deflation and the financial instability hypotheses suggest instead that bubbles burst progressively, with the most vulnerable (most highly-levered) assets failing first, and then the collapse spreading throughout the economy.
2.what causes the bubble?
A prime cause is liquidity that is indusced by banks by creating inappropriate lending rates.According to the explanation, excessive monetary liquidity (easy credit, large disposable incomes) potentially occurs while fractional reserve banks are implementing expansionary monetary policy (i.e. lowering of interest rates and flushing the financial system with money supply). When interest rates are going down, investors tend to avoid putting their capital into savings accounts. Instead, investors tend to leverage their capital by borrowing from banks and invest the leveraged capital in financial assets such as equities and real estate.In short,too much money chasing too few assets.
Greater fool theory
Popular among laymen but not fully confirmed by empirical research,this theory portrays bubbles as driven by the behavior of a perennially optimistic market participants (the fools) who buy overvalued assets in anticipation of selling it to other speculators (the greater fools) at a much higher price. According to this unsupported explanation, the bubbles continue as long as the fools can find greater fools to pay up for the overvalued asset. The bubbles will end only when the greater fool becomes the greatest fool who pays the top price for the overvalued asset and can no longer find another buyer to pay for it at a higher price.
other causes can be:
Extrapolation: projecting historical data into the future on the same basis; if prices have risen at a certain rate in the past, they will continue to rise at that rate forever.
Herding:the fact that investors tend to buy or sell in the direction of the market trend
3.Net Result of a Bubble:The one true constant with all bubbles is that they create excess demand and production. Once the bubble deflates, which it always does, a contraction or consolidation has to occur to alleviate the excess. Two perfect examples are the Dot Com Bubble and the current Housing Bubble. In both cases there were huge consolidations, bankruptcies, and deterioration of asset values.
4.the biggest bubbles of all time:apart from the recent Dot com bubble(1995 to 2000) and the real estate bubble,the history of the bubble dates back to as far as 17th century...
Tulipmania (1634-1638)
The Mississippi Bubble (1719-1720)
The South Sea Bubble (1720)
The Bull Market of the Roaring Twenties (1924-1929)
The Japanese "Bubble Economy" (1984-1989)