Global Unemployment The phenomenon of growing unemployment across the world has become a regular feature across daily news stories. This is not restricted to one nation or region but seems to be happening across all countries. Higher structural unemployment has become an accepted fact. Some countries like Greece, Portugal and Spain are seeing depression like […]
As India grows more prosperous and more citizens get educated, the country is facing a major problem. While every country would kill for millions of graduates passing out every year, India is finding them to be a problem. The reason is that India is seeing jobless growth with a paucity of decent jobs on offer. […]
QE3 The recent announcement by the US Federal Reserve to buy US treasuries and mortgage bonds worth $40 billion a month, led to positive gains in the stock market indices around the world. The phenomenon also termed as Quantitative Easing 3 or QE3 resulted in heavy gains around the world, especially the Indian economy where […]
During the 1st version of quantitative easing, the US Federal reserve bought around $1.45 trillion of mortgage-backed securities and other agency debt. This entire activity took place during the 14 month long stint of QE1. Also securities worth around $600 billion were bought during the 8 month period of QE2. Read more What QE Infinity […]
Quantitative Easing by USA The US Federal Bank announced to unlimited Quantitative Easing at the rate of $40 billion a month, surprising the market which at the most was expecting a one time QE3. This sent the prices of all risk on assets, rocketing higher. While even the Indian stocks joined the rally, the long […]
Globalization It has been said time and again how Globalization has led to increasing prosperity around the globe with free movement of capital and trade. But what has been not been emphasized enough is that how the easy movement of capital has exacerbated loot and plunder on a global scale. Tinpot dictators and cronies have […]