Creative Cribbing

How did we reach here ? probably in rush....world is moving so quick , everyone is trying to catch-up with whatever they can but no one knows where we are headed to 😊 Industrial revolution followed by 3rd wave 20th century growth focused always on growing year on year. When we take a brief pause and look back we see that in the process we have created huge imbalance between the haves and have nots.  World ecology has taken a dramatic hit. Our current actions doesn't seem rationale from a economics standpoint when we ask a simple question how do we get Infinite growth with finite resources ? With our current approach it doesn't  really work for too long. I chanced upon a brilliant perspective by Kate Raworth on how to handle the 21st century economy where the economic elements feed on each other and are renewable. A brief intro on what is Doughnut Economics. Do read her latest book "7 ways to think like a 21st century Economist".

we all believe the whole world is highly connected and all economies are interacting with each other. is this phenomenon happening as expected or is there any side effects or any under currents to it ? Check this video to get a new perspective on globalization from Nobel prize winner Joseph Stiglitz.

DOW is having its ride..and yet another day in its stride...keeping aside the mixed signals of the indicators of economy, I firmly believe therz so much of volatility in the commodities which is making investors to search for direction. for instance yesterday crude market episode made Dow go read but itz back up in the teen green as I say :) Thanks to the necessities of existence I mean the commodities :) few indicators of various hot ticker symbols from one of my favorite sites. Day Trading Stock

This video is simple to the point,you never know you might make it look simple :)

Seeing Goldman Sachs shares up more than 400% from its lowest dip. Its a no brainer that Warren Buffet was right last year...while sharing his wisdom to all investors... "Be Fearful when others are greedy and greedy when others are Fearful" Read one on One interview by the Oracle of Omaha... Click here Watch the interview of Buffet,Bill & Melinda Gates with Charlie rose on the big day when Buffet gave away a sizable amount of his fortune for Bill & Melinda Gates Foundation Click here

Yes we are definitely sailing through one of the most happening times in history. It all started with the mortgage crisis in 2006 and as things worsened took few of the gigantic financial houses into it. Where is Lehman? What happened to Merill Lynch? Want to understand and hear comments from no less than Bank Of America CEO Ken Lewis. Tighten your belts to journey through the compelling times In what is believed to be one of the greatest economic meltdown after the great depression...... Video:Needs 60 minutes Breaking The Bank Video here..

The biggest ponzi scheme which costed investors $65 billion. how on earth did it happen? Do you have 56 minutes...if the answer is yes...then join me in unravelling the Madoff mystery By the way It reminds me of one quote I remember from my childhood You can fool few people some time,some people all time but not All People All Time :) You will agree with me fervently after seeing this video. Check here Madoff Mystery...

We have seen Bear, Lehman and Merrill perishing. Freddie, Fanny, AIG have just been rescued in time however it seems the help is still required for these companies to sustain further. Huge Financial houses known to man are under threat. It seems like sooner or later every institution would get engulfed before the scope of the impact can be realized. The latest talk of the town being Citibank. When Citi announced job cuts of 53,000 cutting down costs by 20% annually it send shocking waves into the market. Given the mammoth number it was more than a natural reaction for each employee to have questioned “Is it Me” or “Is it You”. But this question perished in 2 days with Citi stock value dipping 20% on an average consecutively and saw itself at “3.77$”. The question has got drastically changed with this scenario. Its no more Me or You. Its “US”. Though they are literally few options in these scenarios the coming week starting with Nov 24th shall definitely will be a tough & challeng...

The great depression, credit crisis, the meltdown, recession, global financial turmoil, market crisis what ever may be the name whole thing boils down to increased chaos and uncertainty in terms of financial sector operations and all associated sectors which leaves very little scope for imagination. Given the crisis world leaders, economists, analysts, high net worth individuals, venture capitalists all people from all streams are struggling to see the end of the tunnel. One unanimous decision ever anybody could arrive was cutting down on expenses until things look ok. Operating costs have become a huge overhead when businesses are not meeting new customers & investors taking the capital out with lack of confidence. Markets mood is quite pessimistic and in many a cases over reaction is pulling the chords further. I see nations cutting down on spending drastically. Interest rates being cut which helps cash ridden hungry markets a breather. Common man also has to adhere to Austere ...

Highly Informative....recommend it...to chance upon... You can read my casual draft on Onus to save US is onus... The above video is definitely a great support to my small writeup.

After the World War II US Dollar has become the most favorable trading currency. US the only nation, which allowed convertibility to its dollar during the turbulent times of World War II, faired well in establishing itself as a reserve currency replacing Pound. Total trading volumes in US dollar was more than 48% placing it far above than any other global currency. The formation of Euro has been a historic decision in global Currency market. Euro came into existence in 1999. Since its inception in 11 countries it has been a strong contender to USD. It’s pegged currently by 10 currencies. The growth of Euro was steady and gradual. Total trading volumes in Euro rose to 34%, which is, still less to USD trading volumes globally. With weakened dollar values triggered by credit crisis Euro has been gaining a greater confidence. Euro zone currently consists of 15 countries with many more nations in the pipeline to join. A single currency across the member countries marked by lower interest ra...

It was not long ago when 80+ year Bearsterns vanished away from WallStreet. Big financial houses were in the same falling spree. Good samaritan act by Fed has prevented Freddie Mac & Fannie Mae repeating a similar act. Lehman Brothers showed symptoms that it was brewing up with credit problems...until last weekend it had to sink in to file a bankruptcy. It was pathetic to see a 158 year old instictuition crumble to pieces. The mood in Wall Street touched bottom low and investors are helplessly seeking shelter in chaos.World markets are trying to shield the negativity to penetrate further. Hoping this can get better with right measures in place. As the saying goes Time & Tide wait for none.....The Fall in NY wouldnt stop...................and yeah This Fall will definitely miss...BearSterns & Lehman Brothers.... Thanks Lehman & Bearsterns....for your visions and path breaking innovations in world finance they shall be treasured. Sateesh reporting for GTIP......from NY......

It seems with the turmoil in the wall street things are looking bleak in the US markets. As this is not sufficient to make situations worse...huge financial instituitions are brimming with no better situation.. At this point what is that we learn out of this crisis? What happened to the so called risk management? The amount of risk that has been thrown open into the markets Was it completely ignored and unhandled? Haha since the system failed...everybody can bull it...for no credit... Well the best thing about any crisis...is if we all come together...we can find a solution to fight... Funding needs to come in all directions to stop overspreading panic... Bank of England & European Central Bank are pooling in 50+ billion emergency fund.Letz hope things get better with some results yet to be declared by Morgan Stanley & Goldman Sachs.. The onus is on every one of us...to be more responsible as a decision maker..lest negative ripple effects are a indispensable feature.. Sateesh r...