It is always easy to predict – especially if you have nothing at stake! The world is today very worried about the Euro problem – because it is much bigger than the US problem. In fact the situation is so bad, that US has even decided to teach Europe about coping with the crisis…LOL. […]
Money is a Coward. When it is scared it Runs away from the place of Crisis. – Ayn Rand in one of her books where she says Money is ONLY for people who respect Freedom and Democracy. It is happening in Europe. Money will run out of Europe. Either from the main door (long lines, […]
You have heard this so many times, but just once more -Tough times do not last, tough people do…. Not sure if it is the right thing to say now! Times are really tough. There are no clear signals. The rupee is weakening – BJP says it is because of the deficit and poor management […]
I have been hearing from friends about good real estate deals in US and UK. Not that real estate there is a good deal or a bad deal, but when you compare it to Indian prices, it surely looks attractive. It may also be some kind of a protection for people investing only in India. […]
First of all, I hate predicting – especially if it is about the future! Having said that it is necessary to look at some of the over optimism that is there in the market and at some of the problems too. So today let us look at the issues: A stagnating Europe and USA will […]
USA is a rich, big, innovative country which does not get into any financial mess. This is what we were taught in school. Obviously things have changed. What is the implication of Greece problem for the US? 1. Well first of all the Euro is getting weaker. This looks like good news, but it means […]
Bankers in Europe did not behave like this when they were paid moderate salaries. By the time they were in their 50s and could retire they still had to worry about their partnership in the bank to be sold. Indian, Japanese and some other East Asian bankers are not in the same set as the […]