Tag: income.

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! →

The Atlantic Magazine Calls This “The Everything Is Weird” Economy! Do You Feel The Same Weirdness Around?

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 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? →

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 →

Putin Threatens Europe with a “Winter From Hell”!! China Implodes, And The US is Hopelessly Divided!! A Crisis By Christmas??

Crisis by Christmas

Are we stumbling into a crisis of historic proportions by Christmas?? As Putin threatens Europe with a "winter from hell" by using oil and gas as weapons and the United States, wracked by internal divisions, looks poised for a "fractious" Midterm elections in November, and worse, with China amid a "slow motion" implosion, it certainly … Continue reading Putin Threatens Europe with a “Winter From Hell”!! China Implodes, And The US is Hopelessly Divided!! A Crisis By Christmas?? →

Shock Doctrine!! How The Double Whammy Shocks Of Pandemic And Putin Can Lead To A Global Reset, Or, More Anarchy And Chaos

Anarchy

Anybody who has not returned from another planet would have noticed the scenes of anarchy and chaos streaming from our neighbour, Srilanka, which has not only declared bankruptcy but is also close to complete collapse. If this were not enough, there is every chance that several other countries, especially in the developing world, or, what … Continue reading Shock Doctrine!! How The Double Whammy Shocks Of Pandemic And Putin Can Lead To A Global Reset, Or, More Anarchy And Chaos →

What If The Endgame For The Present Zaniness Is That There Is No Endgame And More Zaniness?

Zaniness

How to make sense of the present "global zaniness" that defies rational explanations and answers based on logic and facts. Why does the world seem so confusing and puzzling to decipher? On the one hand, the West W(the United States and its European allies) "provoked" Russia to such an extent that Vladimir Putin took the … Continue reading What If The Endgame For The Present Zaniness Is That There Is No Endgame And More Zaniness? →

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 →

If A Fourth Wave Arrives, It Would Send The Indian Economy Into The ICU

Pandemic

The Indian economy which is just now recovering from the catastrophic impacts of the last two and half years of the pandemic risks a relapse into depression if the anticipated Fourth Wave of Covid-induced crisis strikes the country. Indeed, for much of the last two and half years, the Indian economy has been in a … Continue reading If A Fourth Wave Arrives, It Would Send The Indian Economy Into The ICU →

Elon Musk Has A “Super Bad Feeling About The Economy”!! Maybe, That Is Why Musk And The Ultra Rich Want To “Escape” To The Moon !!!

Elon Musk

Elon Musk, the tech overlord and master shenanigans artist, has a "super bad feeling" about the economy. Musk, who can "make or break" the markets with a single tweet, is not done "playing around" with Twitter, after "forcing" Jack Dorsey to "give in". More so, even when he "orders" Tesla's staff back to the office, … Continue reading Elon Musk Has A “Super Bad Feeling About The Economy”!! Maybe, That Is Why Musk And The Ultra Rich Want To “Escape” To The Moon !!! →