This is a conversation between a student of macro economics and his professor. Student: Sir, you said that tapering of the quantitative easing will pave way to higher inflation because it will dry up liquidity and it is not happening. Why? Professor: I honestly don’t know why? When I made that statement it looked logical….

We live in a strange world. The strength of ISIS is unknown as more and more Sunnis from Syria, Saudi Arabia, Iraq along with the released Sunni prisoner of wars are getting ready to topple the Shia government headed by Nauri-al-Maliki. They already have occupied the city of Mosul, which is the second largest in…

This is an ongoing conversation between Joe and Swami. Joe       : I know that you are interested in analyzing budgets of different countries. What     can you say about the US budget? Swami: The striking future is the size of the defense budget. For example, in 2012 it was 677.852 billion dollars. In 2013, it is…

When there is a crisis like a civil war in an African country  it becomes a part of the last page of a newspaper. But if the same crisis were to happen to oil exporting countries like Iraq it hits the front pages and the entire world watches the development with fear and anguish. Currently…

Mario Draghi, President of the European Central Bank is desperate about bringing the inflation back when the 18 country euro zone is drifting into deflation. First he decided to lend the 400 bln euros to the banks and hoped that this will help. He borrowed this concept from the UK. Bank of England did that…

We Indians are completely out of touch with global reality. Anaemic and faltering economic growth in the US (Q1 GDP growth rate 0.1%) almost certain deflation in the 18 euro zone countries (Mario Draghi is desperately trying to save the deflation in the euro zone), the failure of abenomics in Japan to push its economy out…

The world is slowly but steadily heading towards a crisis. The Sunnis from Iraq along with their counterparts from Syria are in the process of destabilizing Iraq. The election was over in Iraq in end April and Nauri-al-Maliki took over power. He is a Shia and definitely is not acceptable to the Sunni insurgents. In…

We will continue the conversation between Joe and Swami to bring out this important issue which will have far reaching consequences in the near future. The conversation follows. Joe       : Swami, How are you? Can you come on the Skype? I have a set of questions for you Swami: Sure. After a while Joe        :…

We are currently very fortunate to have a leader who openly declared the importance of social inclusiveness and how his government will stay committed to achieve this goal. We know his heart in the right place and with help from our society this goal is achievable. There are two important aspects to this social inclusiveness…