US Demographics – Glass Half Full or Half Empty?

First of all, I should apologize for readers for probably the longet hiatus ever on this blog. I am still trying to balance a busy day job with having time to pen blog posts. I am sure that I will manage to get a nice rythm going at some point.

As such, I . . . → Read More: US Demographics – Glass Half Full or Half Empty?

Try This On For Size

The N.Y. Times (the New York freaking Times!) defends the big banks:

BANKS aren’t always popular even in the best of times, but the anger of recent years is unprecedented. The anger, while understandable, has fueled the misguided idea that we should break up the nation’s largest banks. The argument is simple and sound-bite . . . → Read More: Try This On For Size

The perils of European debt crisis: divergence, retreat or decline?

Recent debacle at the summit of Brussels in the midst of the political intervention of the EU leaders to facilitate the institutional agreement between the European countries towards the formation of the European fiscal union has caused not only a long-standing dissolution of the “core countries” of the Eurozone and the UK but, more . . . → Read More: The perils of European debt crisis: divergence, retreat or decline?

Recruiting the right MD for the IMF

The recruitment of the IMF MD has turned into quite a controversy. For an interesting set of views, see this page on the website of The Economist. In a remarkable development, the EDs of India, China, Russia, Brazil and South Africa came out with a clear joint statement on the silliness that is afoot.

. . . → Read More: Recruiting the right MD for the IMF

Shuttling wealth through a crisis

Quote from FOFOA’s latest post:

That’s right, gold is not at its highest and best use being spent (circulated) as a currency during a hunger crisis. Instead, if you are one with PLENTY of net worth, gold is the very best way to shuttle your wealth THROUGH a crisis to the other side. If . . . → Read More: Shuttling Wealth Through A Crisis

The Economic Future of Ireland

The economic and financial crisis of 2008/2009 hit Ireland heavily. The asset price bubble and the subsequent deflation have added to the uncertain macroeconomic outlook. How did the country went from the times of the “Irish miracle” to the prolonged economic slowdown? Following the beginning of the 2008/2009 economic and financial crisis, Ireland was . . . → Read More: The Economic Future of Ireland

Random Shots for October 5, 2010

The Eurozone has its “does not compute” moment

First, it was there, then it left and then suddenly the Spanish prime minister Zapatero assured us that it was gone, but somehow the lingering European crisis of confidence in relation to the status of sovereign and private debt sustainability in key membership economies never seem . . . → Read More: Random Shots for October 5, 2010

Looking Back at Late 2008

P. Vaidyanathan Iyer has a great first draft of history, in the new Sunday magazine that goes with the Indian Express, telling the story of what happened in India in late 2008.

This was a difficult period with 6 shocks hitting us in a short time period:

The Lehman failure, The crisis on the . . . → Read More: Looking Back at Late 2008

Is There a Crisis of Capitalist Democracy?

Richard Posner’s recent book, ‘The Crisis of Capitalist Democracy’, is mainly about the global financial crisis, how it came about in the US, the lessons that the author thinks we should have learned from it and what governments should do to prevent similar crises in future. According to this distinguished author the crisis came about . . . → Read More: Is There a Crisis of Capitalist Democracy?

Q&A on Asian Economies and their Place in the World

The good folks at Icfai University Press and specifically the editor of the magazine The Analyst have queried me to answer some question on the Asian economies and their ascend to the top position (or not) of the global economy and what this means. They have shipped me some questions, given me a deadline . . . → Read More: Q&A on Asian Economies and their Place in the World