The voluble ex-RBI (Reserve Bank of India) governor and now academic Raghuram Rajan believes that the "road to prosperity" runs through "strengthening liberal democracy". Speaking at an event yesterday, Rajan had some words of "advice" both for the Modi Sarkar and the legions of "experts" who often laud the Chinese growth miracle as having been … Continue reading Raghuram Rajan At It Again! Bats For Liberal Democracy If India Has To Realize Its “Dream” Of A $5 Trillion Economy!
Welcome to the Brave New World of Work! Where the likes of Elon Musk "order" staff back to the office, leaving them with little choice, and where Millennials quit their jobs en masse, in what has been dubbed as The Great Resignation, a trend that leaves business honchos alarmed and employers worried. On the one … Continue reading As The Smokestack Era Ends, And The Digital Age Beckons, Welcome To The Brave New World Of Work!!
The Fintech firm and digital payments pioneer, PayTm, was reported to have been hit with a data breach in 2020, affecting 34 Lakh users. Email ids, phone numbers, location, demographics, and other details were leaked by hackers and could impact the users and PayTm. Though the firm denied the data breach, asserting that all of … Continue reading The Alleged PayTm Data Breach Is Just The “Tip Of The Iceberg”! Indians Are Lax At Data Security And Here’s Why India Needs A Strong Data Protection Law!!
There is much that is strange and weird about the times we live in now. Right from the post-pandemic "blues" where corporate professionals are "rebelling" against back-to-office mandates to the very bewildering The Great Resignation, or the trend of Millions of Americans (especially the Millennials) quitting their jobs without a clue on what they would … Continue reading The Atlantic Magazine Calls This “The Everything Is Weird” Economy! Do You Feel The Same Weirdness Around?
Is the Global Economy "resilient" enough to withstand another 2008-like Lehmann Shock? For those of you who are too young to remember, I am talking about the bankruptcy of the American Investment Bank, Lehman Brothers, on September 15, 2008, which "triggered" the Great Recession and almost "took down" the Global Financial System. For those old … Continue reading Is The Global Economy Resilient Enough To Withstand Another 2008 Like Lehman Shock To The System?
Is Big Tech's "dream run" over? If recent developments are anything to go by, it looks like Big Tech is getting its comeuppance, and deservedly so. Sample this! Mark Zuckerberg of Meta (the parent company of Facebook) has "almost" given up on WhatsApp as there is not much "juice" left in it from a revenue … Continue reading Big Tech’s Recent Travails Remind Me Of The Dotcom Crash! Long Overdue, Yet, Value Creating In The Longer Term
Is Vladimir Putin going for broke? The breaking news out of Russia is that its gas monopoly, Gazprom, is "cutting" natural gas supplies to Europe to a fifth of what it normally supplies to the continent. While the ostensible reasons being cited are turbine maintenance and the non-arrival of them after repairs from Canada, which … Continue reading Is Putin Going For Broke? Using Gas And Grains As Weapons, Russia Raises The Stakes In The War With The West
India is poised to overtake China to become the most populous nation in the world. This means more youth need education, jobs, and livelihoods supported by world-class infrastructures such as schools, colleges, universities, and physical infrastructures such as civic amenities and healthcare services. While most of these facilities take time to build and maintain, … Continue reading 5 Policy Suggestions For The Modi Sarkar To Address India’s Jobs Crisis As It Overtakes China As The Most Populous Nation
Ok! Donald Trump said it first! The Global Economy is headed into a New Great Depression! At a rally in Arizona last night, Trump "predicted" that the US Economy is approaching levels of distress not seen since the 1930s when the Great Depression eviscerated the nation. While I do not intend to debate the merits … Continue reading Ok! Donald Trump Said It First! A Moron’s Guide To The Looming Depression Ahead For The Global Economy.
Are we in a "race to the bottom" world?? Is the Global Economy structured so that only the Top 1% succeed and the rest are expected to be their serfs? Is the pandemic the first of the many crises in the coming years where the "useless eaters," i.e. the vast majority and the "teeming millions" … Continue reading Only The Top 1% Win In The Present Race To The Bottom Global Economy