How to prevent inflation
Than Attacking Working People With Higher Interest Rates’ A deafening silence defines ‘debates’ among US leaders about stopping or slowing today’s inflation. Alternatives to the Federal Reserve’s raising of interest…
A capitalist supernova?
Excerpted: ‘Are We Heading Towards a Capitalist Supernova?’. Global debt – of households, private firms and governments – reached a staggering $305tn (254tn GBP) in 2021, up from $83tn in…
Mind your distance
Man is a social animal. Social isolation causes depression. Human interaction can never be replaced with machine interaction. Facebook can never substitute face to face. Virtual is not real. Human…
China’s elite tighten their belts as crackdown bites
China's big spenders are reining in overt shows of wealth, shelving shopping trips in Hong Kong and Macau gambling sprees in the face of the Communist Party's anti-corruption and frugality…
Reducing inequality
As reflected from Asian Development Bank outlook 2012, Asia despite becoming a centrifugal force attracting entire world economy in its fold in recent years, its growth is likely to be…
Chinese whispers
TO paraphrase Oscar Wilde, to lose one recently appointed senior cabinet minister could be construed as a misfortune; losing two seems like carelessness. China’s defence minister, Li Shangfu, was late…
Army and the rupee
An old Indian friend, editor of an international newspaper in the Gulf, asked last week if it was alright to run a story suggesting that “Pakistan’s military does indeed exercise…
Experience vs inexperience
As the curtain has fallen on the PDM government, it is time to review their performance in managing the economy, in particular to compare their management of the economy compared…
A tragic flaw
The wise have always advocated moderation in every task one may undertake and every plan one may envisage. The problem, if any, is not as much as in what one…
Long-feared corporate debt woes start to hit home
The spectre of rising corporate debt defaults exacerbating a global economic slowdown has for months been largely brushed aside by resilient credit markets. Now, long-feared corporate debt woes are starting…
