A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Mumbai Votes today in Civic Elections to elect it’s Municipal Councillors These days I don’t hear the Greek Definition of an Idiot as someone who did not Vote ! …I suppose this has everything to do with an other stronger Greek Definition emerging that defines an Idiot as a Greek who let his Country go bankrupt ! …
Greece is bigger than Greece !…..it’s not a liquidity issue…it’s a big solvency problem!…and no amount of stimulus can solve a solvency problem ! The debt and deficit figures of several countries indicate doomsday scenarios across Europe…PIGS nations are in HUGE trouble…Portugal,Ireland,Italy,Iceland,Greece and Spain…are facing a doomsday scenario GROSS EXTERNAL DEBT (GED) AS A MULTIPLE OF GROSS DOMESTIC PRODUCT (GDP) ( In …
A young man asked Socrates the secret of Success. Socrates told the young man to meet him near the river the next morning. They met. Socrates asked the young man to walk with him towards the river. When the water got up to their neck, Socrates took the young man by surprise and ducked him into the …