Indian banking sector is opening up?
I quote a Bloomberg news report of 8 December 2020 that the unprescedented takeover of a private Indian bank (Lakshmi Vilas Bank/ LVB) by a foreign competitor (DBS India) signals that the Indian banking sector is opening up- Nirmala Sitharaman. ( Indian Finance Minister). I disagree with that opinion. Let us be absolutely clear....
Hope from the battle of Grandpas
One of the key issues that was used against US President-Elect, Joe Biden is the fact that he’s old. As at the time of writing, Mr. Biden is 78-years old and when he’s inaugurated on 20 January 2020, Mr. Biden will be a good nine years older than the previous record holder for oldest man to take office, Ronald Regan, who...
Wake Me When Davos Is Over
If you read Adam Smith in the "Wealth of Nations" you will find that he recommends to be careful of the capitalists when they get together in clubs: they all conspire to rise the prices of their goods. He wrote that "People of the same trade seldom meet together but the conversation ends in a conspiracy against the public, or...
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