Sure you must have heard your parents reminisce about their golden days when they used to have 10p as their pocket money and how even that money was sufficient to fetch them, what was considered to be a sumptuous meals then. Thanks to inflation, coins are a rare sight now a day. And from barter system to present scenario, change has been continual except for some irregularities in the latter part. continue reading…
Since it is so easy to sit back and analyse now, let me go ahead and do the same. It all started when Alan Greenspan had sex with Ayn Rand. But in all seriousness it did!!!
If a strong dollar is vote of confidence in the US economy then why did the dollar climb up while increasingly negative economic indicators were coming out every week? The obvious answer is demand and supply, but who is creating the demand for dollars and who are willing to supply them those dollars. continue reading…
“ Read this or feel forever out of loop” said the back cover .Well the loop stopped looping an year later when dot com companies started crashing and the caused a recession and many people had a sanity check.This book was written just before all that happened and Michael Lewis makes an absolute fool of himself. continue reading…
