False Dawn Or Bright Spot? Is India “Shining” Amidst Global Turmoil And Economic Gloom, Or, Is This A Mirage In The Desert Of The Unreal?

India Shining

Is India a "lone bright spot" amidst global turmoil and economic gloom, or is it too premature to announce its "arrival" on the world stage? Sure, the Indian Economy is the "world's fastest-growing major economy", and its geopolitical heft and influence have grown with the Ukraine war, where Modi can "hold its own" with Putin, … Continue reading False Dawn Or Bright Spot? Is India “Shining” Amidst Global Turmoil And Economic Gloom, Or, Is This A Mirage In The Desert Of The Unreal?

Putin Orders Partial Mobilization, Biden Vows To Defend Taiwan As Xi Flexes His Muscles! Are We Headed To A “Nuclear Winter”?

Nuclear Winter

The latest news from Russia is that Vladimir Putin has ordered "partial mobilization, " meaning that any Russian adult can be called upon to enlist in the army to serve the nation in its wartime efforts. While this falls short of conscription, this latest move goes far beyond what Putin has been doing. The announcement … Continue reading Putin Orders Partial Mobilization, Biden Vows To Defend Taiwan As Xi Flexes His Muscles! Are We Headed To A “Nuclear Winter”?

Here’s Why Global Markets Have Been Gyrating Like Junkies And Behaving Like Drunkard’s Walk!

Global Markets

As global markets gyrate wildly, with "euphoric" gains one day and equally depressing falls the next, one wonders what investors are smoking as they go long and short in their positions. Moreover, this zig-zag behaviour of global markets reminds us of a "Drunkards Walk" where investors are unsure about their movements, let alone able to … Continue reading Here’s Why Global Markets Have Been Gyrating Like Junkies And Behaving Like Drunkard’s Walk!

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 $5 Trillion Economy? India@75 Can Unlock Hidden Wealth In Its’​ Physical, Human, And Social Capital

$5 Trillion Economy

A $5 Trillion Economy? Pipe dream or possible? As India celebrates its 75th year of Independence, the air is full of optimism and hype over its future. Among the many "goals" set forth, the most mentioned target is that of the Indian Economy to become a $5 Trillion Economy. While India@75 can boast of many … Continue reading A $5 Trillion Economy? India@75 Can Unlock Hidden Wealth In Its’​ Physical, Human, And Social Capital

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

Recession

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

Indian Renaissance? India@75 Has Discarded The Begging Bowl, Though, Challenges Remain To Achieve A $5 Trillion Economy!

India@75

India@75: We Have Come A Long Way, Yet, Miles To Go For The Indian Renaissance Indian Renaissance at India@75! I was born in 1975, during the time of The Emergency. Though I was too young to remember, the years after my birth presented the nation with political, economic, and social challenges. As I grew up … Continue reading Indian Renaissance? India@75 Has Discarded The Begging Bowl, Though, Challenges Remain To Achieve A $5 Trillion Economy!

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