"It should not escape notice that gold and silver after circulating in every other quarter of the globe, come at length to be absorbed in Hinduston"
Subprime is the cause of USA Economy slow down. It is the very popular news among everyone and it is become very serious then expected. It caused more damage to all the industries especially Banking, Insurance and Automobile sectors. Subprime crisis caused big loss to the banks and now it is affecting the other industries like Auto Mobile companies (GM, Ford, etc.). In this blog I will write about what exactly is the Subprime crisis and why USA banks created such a big mistake in their era. ...
Now the on-going major economic problem that india is facing is not the inflation, as we got used to that, but it is the depreciation of rupee. I think I don’t need to explain who will benefit more with that and who will lose more. For those who don’t know, in simple terms, if a currency value is depreciated the importers will suffer more and the exporters will gain more. I just wanted to discuss the indian rupee devaluation history before getting into the current depreciation of rupee a...
LOST DECADE… I heard this term for the first when Raghu Vasu, CEO of trandyne technologies asked us about it. I was the one among the several numb people who didn’t know what it deals with. So I searched for it and gathered some data. The following article is related to the LOST DECADE of JAPAN.
Here we go,
The period from 1990-2000 of Japan economy is considered to be a lost decade. Sometimes the decade of 2000s also referred to be a part of lost decades. To understand why it is called...
THIRD WORLD DEBT CRISIS, I think many haven’t heard of this as I didn’t till last week. It is not the 3rd debt crisis that the world has faced (to be precise facing), as the name suggests, but it is the crisis of the third world nations. Seriously, there is a very interesting story, at least I felt it is interesting, behind the world debt crisis. We need to go back to the Second World War time to get good understanding about the roots of this crisis.
The story begins…..;)