Hi Friends,

Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do. There is just no time to look back, no time to wonder,"Will anyone read these pages?"

With regards,
Hemen Parekh
27 June 2013

Now as I approach my 90th birthday ( 27 June 2023 ) , I invite you to visit my Digital Avatar ( www.hemenparekh.ai ) – and continue chatting with me , even when I am no more here physically

Thursday 1 March 2012

A Greek Tragedy ?


Greeks can be blamed only partially for what is hurting them so deeply now

The real culprits are those who kept on lending money to Greece !

Greek story could have been very different – and far less painful – but for ,


Ø First bailout     ( May 2010 ) ……………….. $  146  Billion

Ø Second bailout ( July  2011 )  …………..    $  157  Billion

Ø Third bailout    ( Feb 2012 )  ………………   $  170  Billion



And here is a list of those “ friendly countries “ and how much money they have lent to Greece :



Ø France  ……………………………………………………$  56.7  Billion

Ø Germany  ……………………………………………… $  33.9  Billion

Ø UK ……………………………………………………………$  14.6  Billion

Ø USA ………………………………………………………….$  7.3   Billion

Ø Italy  ………………………………………………………..$  4.0   Billion

Ø Switzerland  ……………………………………………..$  2.8  Billion

Ø Japan  ……………………………………………………… $  1.6  Billion

Ø Spain  ………………………………………………………. $ 0.9  Billion


A true friend does not serve you ready dinner – no matter how hungry you are !

He teaches you , how not to be lazy - how to fish !


With regards

hemen  Parekh