A Recession By Any Other Name Is Still A Recession! Here’s Why The Global Economy Is Entering A Downturn

Global Economy

Is the US Economy in a recession? Depends on whom you talk to. While there have been two-quarters of contraction in economic activity, the Biden Admin is loath to call it a recession, fearing it might hurt the Democrats in the looming Midterms in November. On the other hand, in a "surprise" of sorts, the … Continue reading A Recession By Any Other Name Is Still A Recession! Here’s Why The Global Economy Is Entering A Downturn

The Great Derangement Is Here! How Markets “Divorced” Themselves From Economic Fundamentals!

Global Economy

The Great Derangement is here! Markets are increasingly "divorced" from the underlying economic realities, and the popular explanation for this is that traders are now in what is known as a "Drunkard's Walk", where there is a "euphoric" bull rally one day, followed by an equally "dire" bear crash. So, how to make sense of … Continue reading The Great Derangement Is Here! How Markets “Divorced” Themselves From Economic Fundamentals!

Here’s Why The Indian Economy Is Fast Becoming A “One Pony Trick”, Powered Largely By The Services Sector

India Services Sector

The Fortunes Of The Indian Economy Depend On Its Services Professionals The Indian Economy is fast becoming a "One Pony Trick"! India's GDP (Gross Domestic Product) growth is powered by the services sector, which accounts for more than 50% of the total GDP. It has generated a tad more than a quarter of all jobs … Continue reading Here’s Why The Indian Economy Is Fast Becoming A “One Pony Trick”, Powered Largely By The Services Sector

Another Recession Looms! Yawn! Deja Vu! And Why It Would NOT Be “Different” This Time

Recession

Another recession is on the horizon. What's new, one might say, especially when booms and busts are regarded as capitalism's "natural" trend cycles, which keep repeating. For the last five decades, "everyone and their dog" have put their faith and money in the neoliberal way of ordering economies and societies. So, it is not fair … Continue reading Another Recession Looms! Yawn! Deja Vu! And Why It Would NOT Be “Different” This Time

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!!

Data Breach

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!!

Is The Global Economy Resilient Enough To Withstand Another 2008 Like Lehman Shock To The System?

Global Economy Resilience

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?

Big Tech’s Recent Travails Remind Me Of The Dotcom Crash! Long Overdue, Yet, Value Creating In The Longer Term

Big Tech

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

Only The Top 1% Win In The Present Race To The Bottom Global Economy

Race to the Bottom

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

Why I Believe That The Coming Downturn Is A Bottomless Recession

Recession

Are we on the cusp of a "bottomless" recession? As everyone and their dog predict a downturn in the coming months, it is useful to consider how we got here, why we got here, and what the way forward is. To start with, we are now witnessing an "unwinding" of decades of "easy money" brought … Continue reading Why I Believe That The Coming Downturn Is A Bottomless Recession

No Matter The Spin, Dark Clouds Are Looming Over The Indian Economy In What Can Be A Monsoon Of Storms

Darkened Economic Climate

A cursory look at the GDP (Gross Domestic Product) figures for 2021-'22 reveals much more than they hide. For instance, the Indian Economy was supposed to have grown at a blistering pace where the reading for the last Financial Year came in at more than 8%. This led credence to the oft-repeated phrase that India … Continue reading No Matter The Spin, Dark Clouds Are Looming Over The Indian Economy In What Can Be A Monsoon Of Storms