Tag: Debt

Several sources have reported that Russia is defaulting on foreign debt for the first time since the Bolshevik Revolution in 1918.
With The Destiny of Civilization: Finance Capitalism, Industrial Capitalism or Socialism, Michael Hudson, one of the world’s leading independent economists, has given us arguably the ultimate handbook on where we’re at, who’s in charge, and whether we can bypass them.
The Sri Lankan government has announced that citizens should not wait in line for petrol as the crisis-hit Sri Lanka defaults on debt and runs out of fuel. 
With Russia slipping out of their hands, the eyes were set on an unfathomably resource-rich country, which even after thousand years of non-stop plunder and looting still captures the imagination of one and all, thugs, thieves and robber-barons alike...
Euro was created as a common currency initially among the first twelve European nations and then expanded in to others. The efforts for the European common market currency started post 1950 as an effort by the marginalized European colonial...
Why only the Rupee falls? Why should it fall close to 20% of its value? Why should this fall coincide with the passing of FDI bill when investors are lined up to bring dollars into India? Does this Rupee...
Ex1 - Ex2 = In1 - In2 The mathematical equation you are viewing is probably one of the most feared one in the world—so feared in fact that it led to the removal of this famous American economist Irving Fisher's...