Category: Your Money

It seems that the West is suffering from informed pessimism and the East from un-informed optimism. Meanwhile, the Euro saga rages on…

The Puritans want pain. Only suffering cleanses. (Telegraph)

India exports more than €40 billion of goods and services to the EU. (EC) What would European austerity entail? We are already seeing a slowdown in growth.

North African economies are closely tied with that of Europe. And guess where the bigs were headed earlier this year? And where do Indian banks get more than half of their funding?

Burying your head in the sand doesn’t make the problem go away…

Image via Wikipedia

Oh wait! The rich don’t create jobs?! Raise Taxes on Rich to Reward True Job Creators

Is 2012 the new 2008? (Goldman Sachs)

Is Germany the victim or are they engaged in a mercantilist conspiracy to subjugate and milk southern Europe?

The real too big to fails: Army run businesses. (ET)

A good week for the markets: NIFTY +4.7% Jr NIFTY +1.7%

Something to wake you up this morning.

The world financial system not only isn’t functioning, it’s on the brink of collapse – Soros

Are we headed towards  a cluster of sovereign defaults? Kyle Bass

Tired of Europe? Try the Chinese on for size: tightening credit and higher costs.

Here’s something that should keep INFY fans awake: low-cost cloud services will cannibalize up to 15 percent of top outsourcing players’ revenue. (Gartner)

The US muddles on: November manufacturing rose and retail hasn’t collapsed.

TGIF!