Yesterday a few people were screaming on Times Now….volume was down – I was watching cricket – so just saw a glimpse. I recognised Kiran Bedi..none of the others. It looks like Indians are losing patience with the government – and the government is not bothered. Be it the arrogance of Kapi Sibal, Pranab Mukherjee, […]
Will the US default? Well it makes no sense for the US to default…it has enough money to pay. The President knows they should not default, so let us hope that they do not. However if you are tracking the US economy there is a huge…3 digits billion dollar default happening or about to happen […]
Well nothing new in this post..we all know that Indians are good savers (hear hear…why banks in India are so profitable that even PSU banks make a profit)…well here is a study which was has been reported by Wharton…about India and China..nothing new, but presented in good style by Wharton’s magazine.. http://knowledge.wharton.upenn.edu/india/article.cfm?articleid=4578
It is still a White Man’s World. And risk perception is decided by the White man. So if he says risk is in emerging countries, well it is time we told the White Man that risk is to be priced that is all. Frankly the Western World is in denial about the Greece problem. There […]
If there is one China lover, it is Marc Faber. Yes Marc Faber the author of the Gloom, Boom & Doom Report says China is overdoing it. “it does not make sense for China to build more empty buildings and add to capacities in industries where you already have overcapacity. I think the Chinese economy […]
If you have wondered how the ultra-rich manage their money, welcome to the world of Family offices! Family offices are private advisory firms that serve ultra-rich clients. When a client has a large amount of money to be managed and needs a full fledged infrastructure to do that – a banker, a Chartered Accountant to […]
Ok the jury is still out on this. Once the Pound was the main currency of world trade, then it slipped. It took a couple of world wars, a depression, huge geo-political changes – big parts of the world shifted out of the Pound’s control…and the dollar became the King. However it was not easy […]