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?
Is India@75 an aspiring economic powerhouse or a middling power "plodding along" and "muddling through" a steady stream of crises, unable to reach its potential? Well, one would undoubtedly believe the former if one were to go by the media spin and the propaganda unleashed almost hourly and amplified by the many "cheerleaders" in all … Continue reading India@75: An Aspiring Powerhouse Or A Middling Power, Plodding And Muddling Along?
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!
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 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? 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
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
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!
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
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!