If you can find it in yourself to ignore the accent and grasp the content, you will find the delivery an eye-opener. Enjoy. I did.

http://video.google.com/videoplay?docid=4343898391323537541

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If you have a gun, you can rob a bank.
If you have a bank, you can rob everyone.
- Bill Maher

accent is totally understandable.
but some deadly theory he is promulgating.
shud write a book.
however, this was in Feb.
anyway, let's see how it all unravels. my opinion is that the US will come out of this ruling still as all other countries are still weak in comparison

the USD since '71 when Tricky Dick delinked it from gold lost ground against the yen.
In 1970 one USD bought about Y300. It now hovers around Y100.
Since 1989 when Japan's stock market starting taking a dive the yen held its own oscillating around Y100 upto +-15%. despite it being in the doldrums since almost 2 decades it hasn't depreciated nor appreciated much vis-a-vis the USD, much less go back to Y300.
Also the Swiss franc was at SF 3 to I USD at that time and now stands at about 1.2.
The british pound was at USD2.40 to the pound. It is now around USD1.50
Interesting thing is that when the dollar was being dumped in the late 70's early 80's along came two gun kid in the form of 'Raygun' and from there his 'Raygunomics' and the USD almost hit parity with the British Pound. Iron Lady Thatcher was then in charge of UK.
During all this Indian rupee declined steadily at first and then dramatically agnst USD.
The Singapore dollar also gained agnst the USD- I am sure the gentleman who spent 13 years there will corroborate this- though there is always the internet.
During the Raygun era the HKD (Hong Kong dollar) lost ground from about HKD 5 to HKD 8 and then they finally decided to peg it at $7.8 to USD.
Most currencies in the world incl Lagos Naira, French Franc, Spanish peseta, even the CAD lost value during the Reagan era.After the fall of the USSR the ruble also crumbled from more than IUSD to I believe now at around RUB 27.
Anyway, the point here is that wherever you go in the world it is still the mighty buck agnst which the local currency is valued and that isn't going anytime soon much less the 50 days Venkatesh finished his speech with.
I have been listening to how the USD has outlived its isefulness as a world currency since the 70's and even though I feel that finally the USD will lose its lustre, that ship ain't about to leave port just yet. Only when certain other countries gain enough clout and gain the confidence of the world and use the Madison Avenue type propaganda (and not propagandhi) the US is famous for and showing off its glitz and its opportunities for anybody to excel, only then will the US lose its magnetism and that is like a long and winding road for all the other countries.
In the meantime the US buck rules.All commodities and even those in import/export business will know that quotations come in USD from all over the world. If the USD fails now the world economy goes down the toilet as nobody in the world has confidence in any other currency. Japan can't rule, the Euro is buttressed by fragmented countries that bitch against one another another and the UK pound? I don't think the world will give back that power to them.
Forget the CAD, AUD, Yuan, HKD, Singapore dollar.. they just don't count nowhere except in their respective countries and maybe some countries in their immediate surroundings
The buck still rules and will for many years to come.
Maybe 'Obombanomics' will pull us out of this sad situation of affairs we are currently in.

Arre ! another TAMBRAM at work !.

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Sunny Leone a true Canadian DESI now back in India !.

He is from Swadeshi Jagran Manch and reflects his org's views. Here's another member of this Manch. Also heavily accented, but very well articulated views in this audio presentation. You'll have to download the speech.

http://www.theuniversalwisdom.org/india/indian-economy-is-feminine-gurumurthy/




Here are also some of his newspaper articles:

http://www.gurumurthy.net/




....and some youtube videos on social, religious, economic and political views:

http://ca.youtube.com/watch?v=rqslweUIDLQ
http://ca.youtube.com/watch?v=Jy_Gg4CF_dQ&feature=related
http://ca.youtube.com/watch?v=-Ae5hNR_5aI&feature=related

Hey Investpro - Thanks for your write up. I concur with you.

But I liked his theory about how saving the USA has now become the entire world's problem. Evident but well articulated I thought. It is not even funny how true this is...some of the information he gave on oil being traded only in two exchanges was new to me. Any idea why? Doesn't his theories about that make you wonder at least?

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If you have a gun, you can rob a bank.
If you have a bank, you can rob everyone.
- Bill Maher

Another interesting article.

http://in.rediff.com/money/2008/oct/06bcrisis1.htm

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A Delhite in Toronto