Eurozone Debt Crisis – Part 1 of 3 – Explaining the Crisis and Paving way for the new Tsars of Europe – Sarkozy and Merkel!

Read the other two parts of this story at the following links:

Do you know what the Eurozone crisis is?
Of course it’s got to do with debt – but what’s the real story?

I know that a lot of people have tried to explain the Eurozone Crisis and have attempted to simplify it – but frankly, it’s just too convoluted to explain – unless of course, you use an analogy…or tell a story to explain the whole thing. I believe storytelling is the coolest way to explain anything to lay people like us. So here I go.

For Richer and For Poorer
(A Short Story – a Fictional Parallel of the Eurozone Crisis)

In the City of Plenty, there once lived a family. There was a man and he had many wives, and his wives had borne him many children. Some of them were daughters who were married off and were happy with their husbands, but others were sons. In the City of Plenty, there was never a problem of resources, and so all these sons were able to fend for themselves and their families; they lived in the city, they met one-another often, and they were happy.

Now three of these brothers worked hard, saved some money, invested wisely, and ensured that their families too did the same. So these brothers prospered more than the other brothers, who weren’t all that organized and whose families didn’t really follow many rules – in fact, some of the other brothers even gambled were always in debt. This went on for a while, but then the lenders became wary of them – so while the credit-rating of the three prosperous brothers was good, and whenever they needed some extra cash, people would happily loan it to them without even asking them for any interest, some of the other brothers would find it really difficult to borrow.

The father and his wives fretted about those other brothers…and so they came up with an idea and played upon the emotions of the prosperous brothers.

“Why don’t you all stay together, in the same house?” asked the father.
“But why?” asked one of the prosperous sons of this father.
“Don’t you know? If all of you live together, you’d be stronger and more powerful, and nobody would ever dare to mess with you,” answered the shrewd father.
“Okay, but why would they want to stay with us, won’t their families disapprove?” asked another of the prosperous sons.
“No. They’ve got something in it for them too,” answered the mother of one not-prosperous son.
“And what is that?” asked the most cynical of the three rich brothers.
“Well. People aren’t keen to loan them any money. If they stayed with you, people will assume that you are a family, and so they’d get the credit – and then they’d use that credit to do some business, and then they’ll become as rich and affluent as you are,” said the dad.
“Will they?” asked the wife of the most prosperous son.
“Of course, they would. They are as smart as you are – if they were given a chance, they’d prove it.”

Now one of the three rich brothers wasn’t convinced about the idea, so he said he’d wait and watch. The other two rich brothers agreed to it, and they all started staying together – in one big house, and they presented a united front to the whole city. The other brothers suddenly found themselves flush with funds. People would give these brothers money asking for little or no interest. People believed in the strength of the three rich brothers.

Unfortunately, those other brothers didn’t know what to do with the money. They hadn’t had such easy money before. So, one of the brothers took his family on a cruise, another bought a lot of apartment complexes hoping to sell them for a profit, and so on and so forth. They enjoyed the money until it was there, and then one day it was gone…and then one of the brothers defaulted on the loan that he had taken.

This wasteful brother went to the richest of all brothers and asked him for help. The rich brother helped, hoping that the brother would mend his ways. He didn’t. And then…in a few months…some of those other brothers defaulted on their payments too.

All hell broke loose when one of the rich brothers wanted some loan for a project, but he was shown the door by a lender who earlier believed in him. He was told that the city had lost faith in the family. The family now faced a collective crisis, with no simple solution in sight. Breaking up the family would result in loss of face and credibility for everyone, and financing the debt-ridden brothers would drain the resources of the rich brothers. After all, they had their own families to take care of, their own obligations to fulfill!

The richest brother who ran a tight ship, be it family or business; knew that his family will have to pay for the families of the other brothers, and he wasn’t happy about it. He was of the opinion that if the family got together and raised more debt, there had to be some sort of security that the other brothers would change their ways, work hard, be frugal, and start earning…but the other brothers felt that if they were made to do all this, they’d never have enough energy to start earning any way! Thus there was a deadlock…but then the other rich brother who had stayed in the family managed to broker a deal – whether the deal would work or not, is yet to be seen.

Now, here’s a quick quiz for you. If this story was about the Eurozone crisis, then:

  1. What’s the name of the family?
  2. Who are three rich brothers in the story?
  3. Who’s the brother who took him family on a cruise?
  4. Who’s the brother who bought the apartment complexes?
  5. What would be the name of the brother who bailed out the wastrel who took his family on a cruise?
  6. Which rich brother stayed out of the whole deal?

Here are the answers all jumbled up.
Ireland, Greece, Germany, France, Britain, the Eurozone

Important Note:

This is a fictitious story written to bring out the highlights of the Euro-crisis. I must state that the Eurozone crisis also has other roots. For instance, during 2002-8 credit was wonderfully easy to obtain, during the same period the world experienced the real-estate bubble burst (and it affected Ireland in the worst possible way), and recession hit us all – All this exacerbated the issue…and I have not drawn analogies for them in my story.

Read the other two parts of this story at the following links:

Toony Pretzels Cartoon – Essentials of Asset Evaluation by Shrew and Shrewd!

Toony Pretzels by Shafali - Cartoon of a Nagging Wife and a Cheating Husband - The Shrew and the Shrewd and some Asset Evaluation

If you haven’t done your share of Asset Evaluation, here’s a quick definition to get you going.

Asset Evaluation is the process of determining the current worth of a portfolio, company, investment, or balance sheet item. (Source: Investopedia here.)

I don’t know why but this cartoon reminds me of “The Trump Card,” a twisty tale on the matters of fidelity.

And if you aren’t touchy about the issue of fidelity (or infidelity, for that matter) enjoy some cool jokes about cheating at the following links.

Caricature/Cartoon of Ajit Ninan – The Great Indian Cartoonist.

Presenting Ajit Ninan, the Indian Cartoonist who breaks all established standards of quality in cartooning.

Caricature, Cartoon, Portrait, Sketch, or Drawing of Ajit Ninan, the Great Indian Cartoonist (Times of India.)

I foraged the web to ferret out some information on Ajit Ninan, but returned empty-handed. I don’t know when he celebrates his birthday, I don’t really know a lot about his early life, and except for a few details, I know nothing about his professional life.

So what does the Caricaturist do when faced with a blank page?

She closes her eyes and lets her thoughts travel into the past, where she sees a young boy with a dimpled smile, who would become the Ajit Ninan whose drawings tell her that there are people who refuse to kill their skill – come what may.

Here’s the story of this little boy, who became one of the two Indian Cartoonists who’ve made me experience both pride and joy in equal measures.

The Caricaturist concocts a story:

Leave the Roses and Embrace the Thorns

He loved the afternoons. Hyderabadi afternoons were scathingly hot during this time of the year but the heat didn’t deter him from enjoying them. He’d walk back from school with his friends, feeling under the hot glare of the Sun on his brow, his arms, and his spindly legs only half covered by the shorts of his school uniform; but he always looked forward to the afternoons. They were his to do whatever his heart desired. Deep inside he felt that whatever he might end up doing all his life – these afternoons would remain etched in his memories forever.

This was one of those unforgettable afternoons. Ajit had returned from school, and after a quick snack of Idiyappam that his mother had made for him, he was now lying on his stomach, with his feet up in the air – letting the coolness of the marble floor seep into his body. His sketchbook lay open in front of him and propped upon his left elbow, he drew in it feverishly. He had wanted to finish the drawing of that toy car before his father arrived home from work. He looked over his shoulder to check the clock in the living room. It was past four already!

He returned to his drawing, and then drew away to look at the whole picture. What should he do with wheel? Should it be a little bigger? Would it look funnier if he made it bigger…a lot bigger than the other one?

Thoughts swirled about in his mind, blocking everything else…reducing the sounds around him to an unrecognizable medley – the slight hum of his mother’s voice in the kitchen, the distant din of the vendors in the street, even the creaking sound of the door opening…

So when he heard his name being called in his father’s loud but stern voice, Ajit almost jumped out of his skin. The drawing pencil shot out of his hand and landed under his table that was set near the window, and his sketchbook lay open on the floor – the proof of his being a wayward son.

“What are you doing?”
“Nothing, Father.”
“Doesn’t look like nothing to me,” his father took a step forward. Ajit shrunk away. He wished he had listened to his intuition, but then his father never came home early. What was different today? And then it clicked. His parents had to attend a wedding today! While Ajit’s revved-up mind was busy figuring out all this, his father had picked up the sketchbook.

Ajit held the edge of the table to steady himself. This was going to be one of those days.

“You made all these?” His father asked.
Isn’t it obvious? It’s my sketchbook, isn’t it? Ajit thought.
“Yes, Father,” he said.
“You think that these scribblings would get you a job?”
“…
“You think that I am spending on your education, so that you could become a painter?”
“…
“How many marks did you get in Math last year?”
“…
“How many? I am asking you a question. Answer it.”
“45,” quaked Ajit.
“45. 45 out of 100! How you’ll ever make it into Engineering is beyond me.”

“Tell me. How will you ever become an engineer, if you go on neglecting Math for these…these…” his father struggled to find the right word.
“Drawings?” Ajit couldn’t stop himself from supplying the word, but regretting it immediately after.
“Drawings. Yes. You are good at making these – and this skill will help you a lot when you study engineering. These tractors, these jeeps, these pumps…” he continued as he flipped through Ajit’s sketchbook, while Ajit waited for the tirade to end.

It ended, as always, when his mother intervened. Oh, how he loved her. She was the only one in the whole family, who truly supported his love for drawing – but even she fretted about his future. If only he could prove them wrong.

Later that evening, as Ajit sat at his table near the window, absently trying to resolve those improper fractions into proper fractions, random pieces of conversation floated in from his parents’ bedroom.

“He takes after you…all these feminine habits.”
“He takes after both of us.”
“I never got 45 in Math.”
“But he’s as stubborn as you are.”
“I am telling you…he’s got this stupid thing for drawing! I am telling you, I don’t want him writing letters to the black sheep of our family.”
“I don’t think he writes to him.”
“I don’t know. Who knows anything about what that boy does? You have to ask him.”

Ajit turned his attention to his notebook. Those fractions kept changing into cartoon characters. Why? Didn’t 2 look almost like a serpent and the number 8…he found himself doodling two meshing gears into the 8! The “black sheep” of the family. That had to be his uncle Abu Abraham. He worked for this American Publication called the Guardian, but he was shortly returning to India. Abu’s atheism and the way he thumbed his nose at traditions had ensured his symbolic ouster from the family.

His whole body tensed up in anticipation as he waited for them to leave. Ajit’s parents were going out for a Punjabi wedding, which meant that they’d not return until late in night. He could now look forward to many hours of unadulterated drawing pleasure.

Ajit Ninan’s Nonexistent Biography

I couldn’t find his biography, so I tried to glean whatever information I could from a variety of sources, especially from this post by Abhijit Bhaduri.

Here’s the sum total of my learning.

Ajit Ninan was born in Hyderabad in 1955. His parents were from Kerala though. Ajit studied at Hyderabad Public School where he manipulated his way into the library, so that he could go through the Cartoons in magazines. When he was young, he prefered to draw mechanical drawings, which I presume, must’ve made his father believe that his son wanted to become and engineer when he grew up. Fortunately Ninan wasn’t good at Math (I say fortunately, because had he been good at it, he’d have ended up becoming an engineer; which would mean that India would’ve lost one of its few great cartoonists,)so he studied political science, and became a political cartoonist.

Ninan published in first cartoon in Shankar’s Weekly, a magazine that his equally illustrious uncle Abu Abraham also drew for.

Ninan’s Inspirations include Mario Miranda, James Thurber, and Arnold Roth (he used to spend his precious out-of-class-in-the-library hours poring over the drawings of JT and AR.) Ajit Ninan worked with India Today as a Cartoonist and an Illustrator. He then moved to The Indian Express. He currently works with The Times of India as their Group Art Consultant.

Here are some interesting links for you to follow.

What this caricaturist has in common with the Great Ninan?

Believe it or not, I have the exact same lamp on my table that Ninan has on his. I had bought it 15 years ago. I wanted to buy another of the same kind, but failed :(

A Blog Carnival for Bloggers – Tell the Story-in-the-Caricature – April 2011 – Edition 8!

Header for Story in the Caricature Blog Carnival Contest for fiction writers

Dear Bloggers,

Welcome to the new edition of the Story-in-the-Caricature blog carnival. Call it a storytelling festival or a spark of inspiration for the writer within you – but write a story that wows your readers!

Here’s the caricature to inspire you :)

Cartoon caricature of three people in discussion for the story in the caricature blog carnival for fiction or story writers

The rules haven’t changed – but I should repeat them for the new storytellers.

Here are the Rules for the Participating in the Storytelling Carnival

1. Write a story, small or big, about this caricature.

2. Publish the story on your blog, along with this caricature.

3. Leave the link to your post, as a comment to this post here.

4. The festival ends on April 30, 2011.

The Four Rewards for this Story Carnival

1. All the story links added for stories published along with the above caricature, until the last date, will be published on this blog in May 2011, along with your blog-address, and a link to the About Page of your blog.

2. The blog addresses of the participating bloggers will find way into my “The Storytellers” blog-roll.

3. We will also request all the story-writers to publish the links of other story-writers in a blog-post on their respective blogs. This will help the story writers find more readers – but of course, this would be voluntary.

4. The first blogger to do everything right (publish the story on his/her blog with the caricature, and then leave the link of the story against this post) will get the opportunity to name one international celeb that he or she would like to see caricatured.

Important Note:

Pornographic/Obscene Language won’t work:) so keep it clean.

Happy Writing:) I’ll wait…as I always do:)

Caesar’s assassination, his heart-broken guilt-ridden scribe, and his Caricature!

Julius Caesar has been haunting my dreams…

(Memoirs from Another Life!)

At about 2 AM, I woke up…bathed in cold sweat, with my throat so parched that I could barely speak, let alone scream.

Thankfully it was a dream, and so I couldn’t be held responsible for what happened…but not everyone thought of me as blameless, especially not Mark Antony. Here’s what happened.

It was March 15, 44 BC, and Caesar was rushing to address the Senate. He was wearing his toga and looking as charismatic as ever. I was right behind him – a scribe who definitely didn’t look like a woman, and I know this because I caught my reflection in a pond that we passed on our way to the Theater of Pompey. I looked worried and rushed, but what was my rush beside Caesar’s need to be immortalized. I had been chosen to be his ghost-writer. It was a great honor, as you can see, but the task was fraught with dangers, and the gravest danger of all was Caesar’s anger. Caesar knew that many Romans were plotting to have him assassinated, and he was dictating me something on this topic, when I heard hurried yet hushed footsteps behind me.

From the corner of my eye, I saw Mark Antony hurrying behind us. He looked worried and I knew that he wanted to say something important. Suddenly I saw him raise his index finger to his throat. Before I could understand what it all meant, Caesar asked me if I were listening, and I had to turn my attention to my notes. I wrote as we walked. A difficult feat indeed. We must have presented quite a picture. Caesar in the front, followed by me hurrying along to be on his side, and the ink-bearer behind me hurrying along to be on my side.

Just before we arrived at our destination, the clatter of Mark Antony’s wooden sandals stopped. I looked around, but I could see him no more. I could see many other Roman Senators because we had almost reached the theater, the arena in which the Roman political games took place. I was not allowed any further, because the proceedings of the Senate were not for me to record.Caesar stopped and looked into my eyes.

“You are doing a good job. Have you checked on that lazy artist who was commissioned to do my portrait for the cover-page?” he asked me. I had checked, and our Caesar was looking terribly handsome in it. I nodded my head and told him that it was ready.

“Good. I’d like to see it this evening,” said Caesar, dismissing me. He then turned, climbed the steps and disappeared inside the Theater of Pompey.

I and the ink-bearer had just turned for returning to Caesar’s villa, when we heard the commotion from within the theater. Something had gone wrong. The senators were always noisy, but the scream sounded ominous, and the voice that screamed sounded like it belonged to…Caesar.

I turned to see Mark Antony – his eyes accusing me of something. …Something?!

And then it all fell in place with a deafening crash. The gesture that he had made with his index finger flashed in front of my eyes…he had asked me to warn Caesar. I didn’t do it! And he was way-laid by another Roman who was an accessory to the crime…so he couldn’t warn Caesar either.

But what was done was done.Caesar was dead, but he wasn’t yet free to ascend to the heavens. He had an unfulfilled wish.

He wanted to see his Caricature!

He haunted me the whole night, and I bet that he’s haunted me through all those centuries that have passed by – but being the forgetful person that I am, I don’t remember. Nevertheless, this haunting has to stop…and although the India-Sri Lanka match for the Cricket World Cup Finals is beckoning me…I have to publish Julius Caesar’s Caricature before I go to bed tonight!

Blog Carnival, Some Reflection, Future Direction.

Blog carnival story telling story writing story in the caricature

NEW, IMPROVED?!

Dear Readers and Visitors,

I’ve been thinking about the “Tell-the-Story-in-the-Caricature” blog Carnival and though I tried very hard, I couldn’t let myself euthanize it. There’s a lot of life and promises left in the Carnival, but I guess I haven’t been able to do justice to it. So I took an off from the Carnival this month, and did something that artists are never given credit for doing. I chucked the pencil, sat down, and thought. Here’s what came of it.

1. The Carnival lives but it doesn’t stay confined to this blog. It moves. The writer who posts the first link gets to take the Carnival to her/his blog and then it remains there for that month. I’ll still do the caricature, but I send the caricature to the writer and she presents it on her blog. I’ll do a post promoting the carnival.

2. I’ll be able to bring the Carnival back by being the first to post a story for a caricature, and believe me, I have no qualms bringing it back:)

3. Oorvi won’t be writing any more stories for the Carnival. She tells me that she wants to write dog-stories, and I have told her that I don’t want to do dog-caricatures…so we are likes cats and dogs now – and we don’t see eye-to-eye.

My takeaway would be the happiness of seeing my caricature on your blog:) What do you think?

‘guess that’s about it. I’ll be posting the February 2011 Carnival soon and see if we can work with its New Improved Version.

Ideas for improvement would be appreciated, as long as they don’t include doing Free Caricatures because I don’t really have the bandwidth for it. I work about 14 hours a day, and the only reason I do caricatures is because I appreciate the freedom of doing what catches my fancy.

Will set the ball rolling if I get at least five votes in. More are appreciated:)

Another interesting idea (for the Artist Visitor of this blog) is brewing in my overworked mind…it’ll spillover shortly:)

Best Regards and Thanks for visiting and commenting.

Shafali the Caricaturist who wants to DRAW TO SMILE!

Update on Feb 02, 2011:  The idea got just one vote in the last three days :( So…crish…crash…crush…idea balled up…and here it goes sailing into the waste-basket! More on this later. Ajay, thanks for your kind support:)

December 2010 Story Carnival – “Walking in Circles” – A Short Story by Oorvi

Well…well.

Finally my dog shook off her sloth, got out of her bed, and posted her story.  You know how lazy she is…and so it shouldn’t surprise you that she’s posted her story as a .pdf.  The good news is that the .pdf also includes the caricature, and so if you click the download button, you’d get something more than the WiseK9′s Twisty Tale “Walking in Circles”!

Do read the story to figure out why you can’t control everything, and why Sid keeps walking in circles.

That’s all for now…

And yes, please let me know if you’d like the Blog Carnival to continue…because I am not sure :(