Keynes, FM & Budget …
The world remembers British economist John Maynard Keynes regularly in cycles. In a crisis, no economic discussion is complete without acknowledging him. Keynes argued in the 1930s that governments could…
The world remembers British economist John Maynard Keynes regularly in cycles. In a crisis, no economic discussion is complete without acknowledging him. Keynes argued in the 1930s that governments could…
As the Union Budget is round the corner, excitement and trepidation are all palpable. Let us break it down - Budget expectations are basically of two types. The first is…
As we end this calendar year, the battle against the pandemic seems well set to continue into 2022. According to early reports, Omicron, the latest variant of the COVID-19 virus,…
It was an era of excesses. With the US Federal Reserve considering slowing down bond purchases faster than before due to rising and stubborn inflation, it could be a beginning…
There are only two things wrong with money: too much or too little. Charles Bukowski, a German-American author whose literary work revolved around the poor in America, said that in…
There emanates from superlatives a destructive force. Elias Canetti, a Nobel laureate for literature, probably said that in the context of the second world war. In financial markets, a lot…
The dreaded inflation demon continues to raise the head. The consumer price inflation in America is perhaps the most-watched number in the financial markets around the world. It sets the…
The 2008 global financial crisis or GFC was called a Black Swan event. It hit the global financial system like never before. A marquee bank like Lehman Brothers does not…
Terms like ‘Tsunamis’, ‘pandemics’ and ‘contagions’ have become a regular feature in Asia over the past few decades. According to estimates thrown around, the Chinese real estate developer ‘Evergrande’ owes…
The main protagonist of this story is Evergrande, a systematically important real estate developer of China. Many of us would not have heard of this company in our part of…