Tag: china

The Great Unraveling! How Five Decades Of Economic And Financial “Excesses”​ Have Reached A Tipping Point And Threaten Our Collective Future

The Great Unraveling

Ever since the United States unilaterally pulled out of the Gold Standard, thereby "delinking" the creation of money underpinned by a physical asset, the ensuing neoliberal economic model of ordering societies has held sway over not only the West but also in large swathes of the developing world. While the merits and demerits of whether … Continue reading The Great Unraveling! How Five Decades Of Economic And Financial “Excesses”​ Have Reached A Tipping Point And Threaten Our Collective Future →

The Global Economy Is Now In A “Slow Motion” Collapse! Don’t Expect Big Bang Fireworks! Likely End In A Whisper

Global Economy

The global economy is currently in a "slow motion" collapse. Unlike The Great Recession of 2008, where the bankruptcy of the American Investment Bank, and Lehman Brothers set in motion a "near death" of the global financial system, this time around, it is "death by a thousand cuts" for the global economy. We can see … Continue reading The Global Economy Is Now In A “Slow Motion” Collapse! Don’t Expect Big Bang Fireworks! Likely End In A Whisper →

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 →

Lest We Forget! 5 Pandemic Lessons We Learnt About Work, Life, And The World We Live In!

Pandemic

Pandemic Lessons As the saying goes, time is the greatest healer. With the pandemic receding from the public consciousness, it is easy to forget the trauma, the suffering, the incalculable loss of lives, and equally calculable disruptions to livelihoods caused. Indeed, more so when nations worldwide have almost accepted the Coronavirus much like the common … Continue reading Lest We Forget! 5 Pandemic Lessons We Learnt About Work, Life, And The World We Live In! →

Chaos Point! How The Global Elite’s Utopian New World Order Degenerated Into Global Disorder

Chaos Point

How did we come to this? Let me tell you a story! Once upon a time, in the early 1990s, when the Berlin wall came down, and the erstwhile Soviet Union had imploded, the Global Elite (read White Western) decided that "history had ended" and it was now time for a Utopian New World Order, … Continue reading Chaos Point! How The Global Elite’s Utopian New World Order Degenerated Into Global Disorder →

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 →

As The West Targets Xi, And Woos Modi, China’s Loss Should Become India’s Gain!

Modi

Xi's Loss Can Be Modi's Gain India is the "flavour of the month". With world leaders wooing Modi and targeting Xi, it sure looks like "our moment under the Sun" has come. The reasons for this newfound "love" for India are many. They include a West that is both weary and wary of China's rise, … Continue reading As The West Targets Xi, And Woos Modi, China’s Loss Should Become India’s Gain! →

Raghuram Rajan At It Again! Bats For Liberal Democracy If India Has To Realize Its “Dream” Of A $5 Trillion Economy!

$5 Trillion Economy

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! →

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? →