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Tag Archive: Grexit


Investors who think they will obtain clarity after the ‘Brexit’ event don’t realise that it will be followed by Grexit. imageDepartugal. Italeave. Fruckoff. Czechout. Oustria. Finish. Slovakout. Latervia. Byegium.

Don’t wait for western world headaches to end to invest in India.  The time to invest in India is now!

Shortly will share more views ….

 

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There is so much exit thing happening in the Euro Zone, ensuring that the global economic recovery remains fragile. 2014-05-12-e-pa-novice-e-pa-brexit-27047It is very difficult to assess the scenario as the economic policies are more politically driven.

I preferred to read the maverick author than making the analysis of the above and sharing some of them that holds true:

  • The main difference between government bailouts and smoking is that in some rare cases the statement “This is my last cigarette “holds true
  • The difference between banks and Mafia: banks have better legal regulatory expertise,but Mafia understands the public opinion. Or you can say”Give a man a gun and he can rob a bank. Give a man a bank and he can rob the world”

Continue reading

Greece Bailout Yes or No

Ok, So the Greece just voted in a landslide to reject further austerity (Good for them). So nobody knows what’s going blogto happen next. There nothing like a financial crisis to get adrenaline pumping, Might be the chances of Grexit be higher now, but I would not dig in to detail. Would rather move away to the maverick author Nassim Nicolas Taleb who made the points for Bailouts and Prevailing culture in the financial domain

  • The main difference between government bailouts and smoking is that in some rare cases the statement “This is my last cigarette “holds true
  • The difference between banks and Mafia: banks have better legal regulatory expertise, but Mafia understands the public opinion. Or you can say”Give a man a gun and he can rob a bank. Give a man a bank and he can rob the world”

Continue reading

The endeavour below is to – explain a very complicated circular trading (round tripping algorithm) nonsense that 150701124628-greek-crisis-cartoon-exlarge-169became a crisis – in a simple way.

MARY is the proprietor of a bar in Dublin. She realises that virtually all of her customers are unemployed alcoholics and, as such, can no longer afford to patronise her bar – she will go broke.

To solve this problem, she comes up with a new marketing plan that allows her customers to drink now, but pay later.

She keeps track of the drinks consumed on a ledger (thereby granting the customers loans).

Word gets around about Mary’s ‘drink now, pay later’ marketing strategy and, as a result, increasing numbers of customers flood into Mary’s bar. Continue reading

The problems of Greece is not new, long before the financial crisis hits the global economy in 2008-09, Greece was in blogtrouble. The combination of structural economic weakness and high structural deficits were compounded by a culture where tax evasion and corruption are both widespread and, to a large extent, acceptable and Euro became the scapegoat. The Euro is a scapegoat.  Hard currency is not inherently bad.  The real problems are: Continue reading

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