The amount of borrowing that the ‘West’ – including US and Europe have as of today is scary! The US and Japan will need about 5 and 3 trillion respectively in the next year (2012) – to remain where they are. Funny that the same countries who were telling the EAST -( in 1997) are […]
There are many comments and emails asking me why I am against gold and against real estate. Well I am not against gold, and neither against real estate. However what do you call a market which is completely dependent on new investors bringing their fresh money. Well some people call it a Ponzi scheme. I […]
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 […]