Posts

Showing posts from June, 2016

What is the US and India fiscal deficit trend lately?

The U.S. Treasury reports the federal budget balance on a monthly basis.The deficit for the first 11 months of the U.S. fiscal year was $589 billion in 2014. The deficit reached a peak of $1.4 trillion in 2009. However, it has been improving since then. The deficit as a percentage of gross domestic product (or GDP) has been declining.For June 2014, the deficit as a percentage of GDP was only 3.1%. This is a comfortable level—compared to the 9%–10% levels in 2009. The deficits continue to accumulate. They keep getting added to the U.S. federal debt. The federal debt has exploded since 2008. A steeply increasing deficit is concerning in the U.S.However, the situation is getting better. The deficit is manageable.  Beating its own financial target, the Indian government has contained the fiscal deficit at 3.99 per cent of GDP in 2014-15 to Rs 5.01 lakh crore. 

What is the difference between Parallelism and Concurrency?

What is the difference between parallelism and concurrency? Concurrency is when two or more jobs are being performed at the same time. One is 'paused' for a short duration, while the other is being worked on. Parallelism requires that at least two "workers" actively performing jobs in parallel. This means that you require at least two 'processors' for parallelism.

What is BREXIT and what will it mean to everyone?

Last year this time we were all talking about GREXIT now we are here a year later talking about the four letter E word and this time it is BREXIT. For the uninitiated, BREXIT is the referendum Britain is going to have at the end of June for either Staying or Leaving the European Union. 1973 was when Britain joined EU and they did not even join Euro so at the very beginning they were not comfortable of clubbing everyone in Europe with them. Now they are contemplating to leave EU again and in the short term it may have some risks. Some of them that come to my mind are below. People internally are divided in Britain in terms of staying or leaving. EU is bigger than US in terms of GDP. Business confidence may be affected and it may lead to a recession in business investment. Pound Sterling may lose value a bit.  US companies may have a tough time selling in Europe and that may lead to US slowdown. One risk is that Scotland may want independence from UK even more now since they are really w