Monday, August 27, 2007

USA - The Caboose of Global Growth

Published in Business Line on Aug 28, 2007

Explains why a Dollar Collapse is "Great News" for the rest of the world -- atleast for most of the Rest of the world. In the very short-term (a few days to a few months), there could be some disruptions, but eventually the rest of the World would start enjoying a higher standard of living at the expense of the US.

Monday, August 13, 2007

Spirit, Gone With the Wind



Published in LiveMint on Aug 14, 2007

Why Nasscom's plea for RBI intervention in the currency markets is based on plainly incorrect data and faulty economic thinking.
One small correction to the headline of the article -- Nasscom's complaints about the impact of the Rupee's appreciation on National (not "Industry" as is given in the paper) Competitiveness is baseless.