Tuesday, October 9, 2007

Sucky timing

While the Indian rupee rallies like Marcus Gronholm on the fjords of Finland, expats who set out to build empires, or at the very least comfy two-bedroom apartments, on the back of the foreign currency (in my case, dirham) to rupee conversion are wilting under the loss derivative wealth. That’s how you try to say we in the Gulf are screwed, in a fancy way. And Gronholm is the world rally champion, in case you’re wondering.
I look at the amazing growth of the Indian economy and wonder about my timing when it came to leaving India. It sucks.

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