The author analyzes the reasons for indida’s ailment, its misguided rupee policy, how weaker rupee hurts the economy and foreign investment, damaging measures taken by SEBI, RBI, Finance Ministry in hurting the rupee and their own economy. One of the finest essay on the Indian economy.
The author evaluates possible reasons for Islamic Banks’ avoidance of derivatives that saved them. Islam prohibits the living one’s life on earnings from Interest of any source. What is the significance and how this stricture of Islam saved the Islamic Banks from global routes
The Author addresses investor’s basic needs at the heightened stage of market stress. He provides comprehensive guidance to almost all Investors – personal to professionals -how to handle their portfolio at this point of time. He narrates in very simple language when to invest new money, and until such time, how to rebalance their present portfolio with existing resources. He also provides tool such as Excel spreadsheet with demo examples. No Author has ever provided such guidance ever. The Author has 40 years of rich experience in banking, stocks, bonds, currencies, commodities in international market.
The Author implies that if some standard or dogma does not work out for a long time, then it is time to abandone that standard. We carry hundreds of old beliefs that low interest rates promote the growth, GDP but ask Japan, did it work for them for 14 years in spite of having near Zero interest rate? Ask United States – did it work for them either for over 7 years during which Alan Greenspan brought down the interest rates on its knees without yielding any tangible result. Low interest rates fostered the derivative trades and toxic investment products that neither seller nor buyer understood. Author not only evaluates the reasons but also provides uncoventional solution to the present problem, Read the article which is written in very simple English without any jargons, in convincing and logical manner. Offer your comments, howsoever small, if you really liked the article. Other articels are found on the side bar. if you wish to download, use the download box for well formatted PDF files.
This is investigative article searching for basic cause for rise in $ vs fall in Oil Prices, euro, yen, GBP and other currencies in utter disbelief. Who is buying $ under such precarious conditions? Something is really wrong. The author describes how the oil and dollar prices are possibly rigged in futures market, in similar fashion in the days of Enron. The author believes that this time, the scandal will be nearly 20 times larger. Read this interesting article and post your views if you can.
The article deals with the second round of efforts of the US administration, Mr. Paulson and Mr. Bernanke to get the bill passed authorizing unquestionable authority to spend $700 Bln. This time the Senate has been approached. Should it be passed or rejected again. read further…
The article analyzes the reasons for rejection of Paulson Plan and fall of Dow by 778 points. It discrinminates what is right and wrong and how the rejection will go a long way to cure the ills.
This article is written just after tentative agreement reached between Congress and the President. It squarely deals with the potential fall out in the market and the streets. it also shows how irresponsibly a person like Paulson having 36 days of political life (unless renewed) to spend $700 billion by legalizing the illegal and parallel economy created by the banks and brokers
Dear Readers, I was overwhelmed by the strong response and support shown by the readers on my first blog. I have seen several comments for which I could not reply individually. There were some comments where the readers have posed some questions. Unfortunately, I could not figure out the “reply” button or other system with…
The author thoroughly invesigates the Paulson’s game plan that seeks to blow up $700 billions of American Tax payers. The author informs that taxpayers may lose $700 billions overnight to finance the securities having zero value. He also asks why American taxpayers should pay for the obligations of off-shore obligations of some American corporations? A master piece and very informative that answers many questions in the minds of today’s intellegentia and common men alike.