Tag Archives: sub-prime

The next financial crisis is already emerging

The world economy has not even recovered fully from the excesses of Wall Street in the sub-prime mortgage crisis, and these fellows are all set to seek out the next opportunity in financial speculation. A report today in mint describes … Continue reading

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Marriage in the time of recession

or 7 ways to cut corners and trim costs during your marriage As with any kind of investment, marriages have also taken a hit during the recent financial crisis. Couples are likely to postpone their wedding plans more than ever. … Continue reading

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From funeral to funeral

Nassim Nicholas Taleb in his book, “Fooled by randomness” writes, “It is said that science evolves from funeral to funeral. After the LTCM collapse, a new financial economist will emerge, who will integrate such knowledge into his science. He will … Continue reading

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You’ve come a long way baby

It is often repeated in global business circles that when the US sneezes, the rest of the world catches a cold. But have you ever wondered what happens when the US catches a cold? Judging from recent events, this is … Continue reading

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Is it time to worry yet?

An article I was reading on ZD-Net had this to say about the effect of the global financial crisis on Indian IT firms. In fact, Premji, one of India’s richest men by virtue of his share in Wipro, apparently practices … Continue reading

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