1. Suddenly many jobs are being lost: Remember slowing down, closing down are not words that happen only to somebody else! It happens to the best. Only your salary is certain, the variable salary is really variable. I now know of several people who are EARNING about 60% of their claimed CTC. The variable [...]
Most economists you meet or read tell you that the US problem is worse – much worse- than the Euro problem. Many of us think that the Americans have pushed the dollar too far and it has to fail. The American debt, the American bank’s date and the NINJA credit cards, NINJA educational loans, [...]
There are some myths so deeply ingrained in people’s mind, that it is impossible to deal with it. Well it is exhausting to say the least: 1. The elephant is a strong animal: Wrong. It is a big animal. The tiger is strong – and the African lion is far stronger. It weighs about 300 [...]
Well this is the question a NRI is asking…sure Indians are also asking, but face it, they have no choice! Let us look at China. If I had my money there, I would be worried and pulling out. The government has too much money and it does not let the citizens spend – that is [...]
Why do I find so many attractive targets to write about? Just found an article on Rediff.com saying ‘Six reasons why property prices WILL NOT FALL in your city’. Let us look at it reason by reason? “Property prices across the country are unlikely to see significant price corrections of more than 10 per [...]
Well frankly, I do not have an answer… – Domestic growth has slowed in recent months to pretty low levels, and a senior banker saying be happy with 6% growth next year – A fallen and further falling Rupee? -Inflation stuck at double digits – latest is 10%! – RBI’s constant raising of interest rates [...]