As the nosediving rupee shatters foreign-education dreams and eats away the country’s much-vaunted forex reserves -- to mention just two fallouts -- Uttam Ghosh takes up pen and paper to outline what the common Indian is feeling.

First up, let us say RIP to India’s fast-sinking superpower dreams!

The government assures us it is in control and that the ship of State is steady.

So why oh why do we feel like passengers on the Titanic?

As our eloquent prime minister has so often said, we must blame the world for our troubles. Remember Vasudeva Kutumbakam?

Welcome to India, where the leaders seem to be blind to the rupee's, and our, troubles. With due apologies to the visually impaired.

Meanwhile, America -- who our leaders seem to trust more than us, the people -- has found another corner of the world to spread democracy to.

There’s never enough money to solve the world’s problems, mind, but never a shortfall of currency for war.

Net result, oil prices surging, rupee falling.