Ours is not to ask why

Last Saturday, a friend—a businessman 34 years of age, Indian, resident in India—called out of the blue and among, other things, said, “Oh, I forgot to tell you, I am buying a plane.”

Yes, you read that right, a plane, an aeroplane. It’s going to cost Rs 34 crore.

Ours is not to ask why; ours is just to wonder what’s the EMI.

Which is a nice way of introducing you to the “Guns to Caviar Index”. The Economist newspaper of London has the Hamburger Index, by which it measures global prosperity by comparing the price of a MacDonald’s hamburger across the world.

The Guns to Caviar Index, the brainchild of Richard Aboulafia, an analyst at the Teal group, does something very similar. It measures the state of the world using by comparing how much money the world spends on fighter jets (guns) versus how much money the world spends on private business jets (caviar).

Which should explain why a 34-year-old Indian businessman is buying a plane.

Read more here.

3 Comments

  1. boringjournalist

    Why do you bother about EMI, as long as you have enough to throw around.
    The plance culture is the latest to catchup with the mine owners in Bellary, who are wallowing in wealth. After having brought the political patronage, they are now eyeing speedier transport. One mine owner turned MLA has it already and others are in the queue. They can comfortably fly in and out of Hospet Bellary, without being bothered about the environmental degradation caused by the mining activities.,

  2. laksmi

    Hi KP,

    I have a problem with the way you drop names.

    All your friends are rich, famous and powrful. You keep talking about them, but you never name them. Please name them in full from now on. Let us all really know how well connected you are. And learn to drop names well.

  3. RAJU1987

    Hello Kp,

    Has any of your friend bought a ship. I would like to read about it. Please log the blog.

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