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“In India, companies may fall sick, but promoters rarely do!”

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Economy

Domino Capitulation of the SENSEX…The Countdown Continues 10..9..8..

Domino Capitulation !…Following Global Indices our  Sensex too plunged 11% to close below 9000 at 8701.07, down 1071 points As I blog this,the Dow has opened 5 % down in New York….if the Dow closes weak today, you know the fate of our own Sensex on Monday !…”Dow”n with the Dow !  Alright so we’re …

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The World is becoming a Scarier place across all disciplines…Will the US $ become just Tissue paper !?

Let’s take a multi disciplinary view of the Global Financial and Economic Crisis…It’s Scary Economics,Sociology,Politics,Sciences,Geography,History,Religon…take any Discipline and you’ll find  how Earth and it’s over six billion citizens are being impacted tragically   I’m scared…for all of us…..I fear the next generation,my children, will have to pay too for the excesses of our generation and the previous ones …

The World is becoming a Scarier place across all disciplines…Will the US $ become just Tissue paper !? Read More »

Pakistan on the verge of defaulting on Servicing it’s Foreign Debt

Pakistan needs an urgent inflow of US $ 4.5 billion to stave off defaulting on it’s foreign debt committments… It’s current reserves of US 6 billion are enough to just service imports for the next month and a half It’s really quite amusing to note the Full Name of one of Pakistan’s Stock Exchanges… Islamabad …

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It’s 21 years today since Black Monday on Wall Street…October 19,1987

Exactly 21 years ago on Monday,October 19,1987 the Dow Jones Industrial Average sunk 508 points or 22% in just one day…Black Monday The Genesis was the Easy Money and Junk Bonds to create leverage to buy out Companies and the rampant Insider Trading prevalent…an era of Greenmailers Nobody ,and I mean Nobody, has consistently predicted …

It’s 21 years today since Black Monday on Wall Street…October 19,1987 Read More »

US $ 1456 Billion stashed away in Swiss banks by Indians !…and our Government does not want to know who they are !

Of course we always knew this….that many Indians have been stashing away black monies in Swiss banks for decades…but when one hear’s the Quantum from the Horse’s Mouth itself it has to invoke anger Just read today’s Express Buzz coverage of  the Swiss Banking Association Report of 2006 that reveals that India topped the List of Countries with it’s citizens having deposits  …

US $ 1456 Billion stashed away in Swiss banks by Indians !…and our Government does not want to know who they are ! Read More »

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