Spiegel Online: The Destructive Power of Financial Markets
“Speculators are betting against the euro, banks are taking incalculable risks and the markets are in turmoil. Three years after the Lehman Brothers bankruptcy, the…
In The News
This Blogger’s Sentiment Goes Mainstream
Lately I have been writing a lot about rising income gap in America, revolutions, pitchforks and torches etc. The Tea Party folks are delusional in…
Economic Growth – is it possible?
A lot of debate currently going on reducing the deficit and it is being shown as a problem that is orthogonal to economic growth, which…
Chiru Joins Congress Party
From Times of India: Chiranjeevi, who leads the Praja Rajyam Party in Andhra Pradesh, filled up a form seeking primary membership of the Congress and…
Jon Stewart: World of Class Warfare – The Poor’s Free Ride Is Over
Look friends, I am no defender of welfare. By all means those able bodied who depend 100% on government welfare throughout their lives are…
Update (Aug 18, 2011): Panic Hits World Financial Markets. Again.
5:00 PM Update: “Must read” articles on Fed getting Concerned about European bank liquidity problems. WSJ: Fed eyes European banks FT Alphaville: Should the New…
Afternoon Update: 2011-08-15
Happy (Indian) Independence Day! If I were a stock, you could have sold me short last week and made a lot of money. 🙂 Seriously….
Vaniti Fair: Of the 1%, by the 1%, for the 1%
I am sick and tired of a vocal minority calling the US as or becoming a socialist country. These loud mouths are controlling the debate…
Sri Kumar: A More Authentic Take on US Markets
The other day a listener asked me where do we find reliable information. The answer is to listen to those who will tell you what…
Evening Update: 2011-08-10
Aw.. What a day.. Again! This morning Europe was down big. DOW down 520, S&P 500 down 52 and NASDAQ 100 down 102. SocGen denied…
Q&A on Unfolding Financial Crisis (Aug 8, 2011)
సోమవారం, ఆగష్టు 8 , 2011 నాడు DOW 635 పాయింట్లు పడ్డతర్వాత, ఆ రోజు రాత్రి అనీష్ చేసిన ఇడ్లి బర్గర్ కార్యక్రమంలో ఆర్ధిక సంక్షోభం మీద శ్రోతల ప్రశ్నలకు నేనిచ్చిన జవాబులు….
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Morning Update: 2011-08-10
This can’t be good (another RED ALERT): The much awaited bounce from extremely oversold conditions has happened yesterday. I was going to say that it…
Mark Faber: The Best Feds Can Do is “Collectively Resign”
Faber says: “I think right now the technical picture is so horrible that I would use a rebound as a lightning up opportunity. I think…
Ratigan’s Rant Again – I Love it
The title says it all. Visit msnbc.com for breaking news, world news, and news about the economy
Mohan on TV9 – Aug 8, 2011 (Updated)
I have been busy all day and didn’t get to follow most of the day’s developments. Wow, what a day on world stock markets. At…