First Global Crisis of the New Millennium: Are We Chasing the Wrong Dogs?

How did the bottom fall off and the heaven break loose? What happened in this first decade of the New Millennium, which began at the turn of a historic boom that rode on the back of a revolutionary technology, the Internet? Have a look at the following chart that maps the market performances of Dow […]

Posted at 4:51 am on October 5, 2008 | Leave a comment | Filed Under: Economics | Tagged: , , , , , , , , | Continue reading

Random Thoughts

Derivatives are in the news once again! This time they are threatening the stability of a country – Greece. And perhaps Germany and a few other European economies that have loaned Greece money! I wonder whether it is the stupendous greed of the creator of these “creative” financial instruments that is raking this havoc world […]

Posted at 1:19 am on February 27, 2010 | Leave a comment | Filed Under: Economics | Tagged: , , , | Continue reading

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