economy
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In the last few weeks some of my friends and colleagues have been very busy debating the global economic situation and trying to figure out where we are heading. GO Figure! Eh…. I so wish I could help them and had answers to all their questions. But then on a second thought no harm in
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The message from this global financial crisis is loud and clear; the system that we currently have is flawed, susceptible to produce crises and prone to systemic risk. As a first step, we will have to fully address the SYSTEMIC RISK and the accumulation of excesses in global the economy that tends to build up
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The hope is that the anxious investors looking out of their foxhole and roaring to go back on the hunt understand that it will take time to reconstruct the financial system because the one we had was pretty flawed and was always prone to boom and bust type events. The other important thing that I
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I am beginning to think that the lack common sense is what got all us into this Mega Mess. The problem is that common sense is still missing and I wonder why? The markets are rallying and it’s good but shouldn’t we do a reality check before we get too carried away? I mean the
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To get the “Patient “ i.e. the economy out of intensive care the government in the US has now embarked upon addressing the three BIG issues which it believes are at the forefront of fixing the economy. So what are these three BIG issues? The downturn in the economy, a very sick financial sector and
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