Tuesday, September 16, 2008

The Road to Perdition

PUBLISHED IN MINT ON SEP 17, 2008

A short commentary on the recent events of Lehman bankruptcy and Merrill take-over by Bofa. Ultimately, the events of the last few weeks have signalled the definitve beginnings of what is going to be an extended Economic Depression for the US. Much similar to the 1930's with the added problem of skyrocketing consumer prices.

Sunday, September 07, 2008

Inflation - Rocky Years Ahead

PUBLISHED IN "INDUSTRIAL ECONOMIST" - AUG 2008

Explaining why Inflation is going to stay in double-digits for the foreseeable future. In fact, I find it surprising that Dr.Reddy is saying that "his analysis" indicates that inflation will moderate over the next 6 months.

Well, his "analysis" did not predict double-digit inflation, his "analysis" did not predict rising food and energy prices etc. So what is the reason why his "analysis" will be correct this time around when it has been consistently wrong all along?