Optimists say that the global slowdown will put a lid on inflation, but they are being too optimistic. Inflation is…
The announcement that Fannie Mae and Freddie Mac, non-banks not even involved in sub-prime mortgages, will have access to emergency…
The world?s largest banks are no longer posting losses just for their exposure to sub-prime mortgages, but also for their…
Bubbles are found at the intersection of two things, a belief system which argues that something is or has become…
One of the reasons why I am a long-run optimist about India is it?s demographics. India is just moving into…
I am bullish on the Indian economy in the medium run. In the near-term, a deterioration in global economic conditions…
Reserves held in excess of insurance needs might be invested alternatively, but this is too easily said. The temptation to…
