Year: 2010
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The Dog Days – Forbes.com
A good article in Forbes about how US, UK and Germany are approaching economic recovery. Germany and UK have put forth fiscal sustainability (read spending cuts) at the top. Other countries like Spain and Greece had to do it by force. US, on the contrary, opted for massive spending with no plan for spending cuts.…
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Turbocharged Germany
Turbocharged Germany is a relief to the faltering EU economies. At a time when the Europe debt crisis is threatening the economic recovery, Germany posted their strongest growth since unification – backed by strong demand from emerging economies for heavy machinery and luxury cars. Although the optimism is not shared by all countries, especially Greece,…
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MNCs are in for a long haul in rural India
Knowledge@Wharton came up with a report about how MNCs are doing in rural India. For starters, rural India is complex, fragmented, diverse and with shifting consumer tastes. In this market, MNCs have the difficult task of designing customized products and selling them at wafer thin margins. But on the positive side this is the heart…
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India is not alone in higher fiscal deficits
An interesting graphic from NYTimes shows the risind debt levels in Euro zone. India currently has a debt-to-GDP ratio 80%. Luckily, close to 85% of the debt is domestic and hence has less exposure to currency risk or recall risk. It turns out that Euro zone is doing equally bad. The debt-to-GDP ratio, is more…
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The Sandra Bullock Trade – Relationship between money and happiness
The relationship between money, personal relationships and happiness is at the center of our society. The story of Sandra Bullock is a recent example. As our income starts growing the marginal gain in happiness from money tends to decrease. It is no flimsy or philosophical argument but is proved by research. There may be some…