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?

India@75: An Aspiring Powerhouse Or A Middling Power, Plodding And Muddling Along?

India@75

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?

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

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

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

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!

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

Recession

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!

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!