Note on Aditya Naik | Personal Website

Tue, 24 May 2022 13:33:57 +0200

Klarna, the swedish payment giant, is laying off some ( seems like 10% or so ) their workforce, and apparently there were some hiccups in the process.

Klarna was one of the shining examples of new age Swedish unicorns and this news will adversely impact the local valuations and fund raising plans for others following in its footsteps towards growth.

This confirms that the global tech salary bubble has now burst, along with growth stock valuation bubble.

Wed, 18 May 2022 10:28:49 +0200

There is rising inflation in most of the countries. Printing money and reducing rates to stimulate economy during COVID and some severe supply chain disruptions, has led to oversupply of money and shortage of goods.

Due to war in Ukraine, there is massive impact on wheat, fertilizer and oil supply chains
Due to ongoing COVID restrictions, there are strict lock downs in China, further impacting supply chains
Due to adverse weather, grain production is going to be adversely impacted across the world.
Most countries, (apart from China) do not have huge stocks of grains to survive through the year without taking a huge hit on the economy.

It is going to be a painful year.

Mon, 16 May 2022 20:22:07 +0200

It was fascinating to talk about personal roots and awareness of mortality today.

We all (or most) want to belong to a tribe. It could be ideological, familial, political, athletics fans or whatever else.
It would a feeling of profound loss, if you have been connected to an ancestral place that was settled for many generations, and then you uprooted for better life and opportunities. Specially if you have been to the place and can find a personal connection.

Also certain milestones and events make you think of mortality of oneself or close connections, and sometimes we take some action to capture part of a person that we fear we will lose.