Category: Your Money

Sunder’s List

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…

Sunder’s List

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!

“I told you so”

“So although we didn’t join the euro…and, frankly, it’s showing to be a bit of a mess, the break-up of it would be very bad for Britain. So I spend a lot of my time putting pressure on other European leaders to come up with a solution that will actually make sure that there is stability and growth in Europe,” – U.K. Prime Minister David Cameron. (WSJ)