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Why American and European banks failed but not Indian banks yet?
American and European banks are already developed. Also, the bulk of companies/financial institutions that have gone under are American: Fannie & Freddie (the bank where this crisis started), Washington...
2 commentsBig picture investing
My big play is totally based on the long term play in the emerging markets and Asia. This play is exactly what it says, it is a process that will probably take decades to unfold. Those that have a long term...
0 commentsSelf Bank Mobile Make Money Online Free Account plus Sign up Bonus of $100
SelfBank is a worldwide person to person (p2p) mobile banking & payment system that is truly personal & social. Instantly send & recieve money, or buy & sell goods with your mobile phone, anywhere, anytime...
0 commentsCan India bail out America and rest of the world from economic crisis Part-2
India can bail out America from its present economic and financial crisis. How can it be done? Indian economy is the 6th largest in the world.Its 250 millions middle class population are the most potential customers. Indian people are great investors with a an income/ saving ratio of 35%. Skilled workforces, educational and healthcare institutes of India are world class. Given the oppurtunity it can bailout....economic crisis and financial problems.
20 commentsThe Sad State of our Banking System
It is hard to believe, no, it is well beyond that. Who would possibly believe this could be happening? But it is true. My client went into default on his home two years ago. He understood that he could no...
0 commentsJohn Kenneth Galbraith on the Central Federal Reserve Bank
-- John Kenneth Galbraith From his last book The Economics of Innocent Fraud : The Fed, for all its power and prestige, effectively does nothing, says Galbraith. In his view, America's Federal...
1 commentBimetallism: on the origin of the Gold Standard
In the old Ages, money consisted simultaneously of silver and gold coins. As fiduciary money was introduced, Governments specified their value in terms of weights of either silver or gold. Some adopted both...
3 commentsBanking In Egypt
The banking system in Egypt is made up of fifty-seven stated-owned commercial banks, including 28 commercial banks, 26 investment banks, and three specialized banks. Of the investment banks, 11 are...
0 commentsNelson Aldrich: the Rockefeller's Middle Man who crafted the Income Tax and the Central Federal Reserve System
"There are two distinct classes of men...those who pay taxes and those who receive and live upon taxes." -- Thomas Paine (1737–1809), pamphleteer and revolutionary "You know, gentlemen, that I do not owe...
0 commentsGovernment Bonds and your Taxes and the difference between Bonds, Notes and Bills
Government bonds represent debts securities (contracts) from loans granted mostly by their Central Bank or by the World Bank or the IMF in the case of developped countries (see "Confessions of an Economic Hit...
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