A few days ago I mentioned that fiat money’s march towards M0 is classic outcome of a deflationary economic cycle. The following news confirms my worst fears. [Via UK’s Telegraph] US money supply plunges at 1930s pace as Obama eyes fresh stimulus The M3 money supply in the United States is contracting at an accelerating […]
I often compared debt ridden students of “for-profit” colleges like U of Phoenix to sub-prime borrowers. I have been writing about this sector on this blog as a big house of cards which could implode any time. Now I have company. A notable short-seller, no less. [Via Mother Jones] Steve Eisman, the outspoken investor whose […]
Hugh Hendry is a hedge fund manager from UK. He is one of those “evil short-sellers” that the establishment (read politicians and the banks) love to hate. However, but for the short-sellers, the truth would not have come out in this increasingly manipulated and intervened market. Hendry was among the few who saw problems in […]
Apple Dethrones Microsoft As World’s Biggest Tech Company [Via Huffington Post] SEATTLE — Apple has surpassed Microsoft as the largest technology company in the world by market capitalization. Apple’s move comes as the company’s iPhone, and now its iPad tablet computer, have taken on more of the personal computing tasks once handled by computers running […]
I am not going to say anything about Veturi’s writing genius. Just some personal observations and musings. I heard that Veturi attended Kolluru ZP high school in Guntur Dt. He is about a couple of years younger to my father. My father completed his SSC from the ZP High School in Donepudi, a neighboring village […]
When Sri Krishna Deva Raya took to the Vijayanagara throne in 1509, the empire was in a significantly weakened state. The entire coastal Telugu areas were occupied by Orissa. Similarly, the Kannada and Tamil regions have also raised a flag of revolt. 24 year old Sri Krishna Deva Raya was determined to put things in […]
BP oil spill in the Gulf is now humongous and is slated to surpass all human-made environmental disasters. How can Obama escape the consequences of this is beyond me. Here are a couple of more AP Photos: For even more jaw dropping pictures, visit Boston Globe.
I mentioned about Mr. Rao on this blog some time ago when I talked about quants. I caught-up with Rao to make sense out of the Euro crisis. Even though Rao is retired and claims that he is not in touch with what is going on in the markets lately, he is as sharp as ever. This 40 min long interview sheds light on a number of fundamental reasons for current state of world’s financial mess. Those who followed me on my Teluguone Radio show or read my articles on various blogs might find that my views are eerily similar to his views.
Podcast: Play in new window | Download (9.2MB) | Embed
Subscribe: RSS
Legendary Telugu cine song writer Veturi Sundara Rama Murthy is no more. He passed away yesterday 05/22/2010 in Hyderabad. I am a big fan of his songs. He has the range from class to down right mass. What do you think of him ? [Via Eenadu]
Mr. Rao Chalasani was a veteran Wall Street economist who retired in 2000. His long career included stints as the chief economist at Everen Securities which later became First Union Securities. Currently FUS is a unit of Wells Fargo. In the 90s he was frequently quoted in the Wall Street Journal. He was one of the straight shooters on Wall Street and one of the few whom I respected and I paid a lot of attention.
Podcast: Play in new window | Download (7.7MB) | Embed
Subscribe: RSS
Chetan Bhagat’s speech at Symbiosis Following is the speech by Chetan Bhagat given at the orientation programme for the new batch of MBA students at Symbiosis, Pune. Good Morning everyone and thank you for giving me this chance to speak to you. This day is about you. You, who have come to this college, leaving the […]
I caught up with Dr. JP during his recent visit to USA. In this interview Dr. JP detailed the purpose of his visit, clarified his stance on the Telangana issue. The crux of the conversation is on his message of ‘change.’ I asked him about the changes he would like to bring about in the four pillars of democracy: polity, administration, judiciary and perhaps in the Fourth Estate.
Podcast: Play in new window | Download (Duration: 26:44 — 11.0MB) | Embed
Subscribe: RSS
Okay, Teluglobers watch the video to see what this new Google TV is all about. If you are interested in knowing more about the event, I posted the Engadget liveblog below for your reading pleasure. This event happened yesterday May 20, 2010. The Google TV truly is a great package. Many companies attempted similar concept […]
Brian Williams makes all those appearances on comedy shows, makes people laugh and still maintains his dignity. Clever way to gain young viewers for his newscast.
