Neo-Socialist Per-Capita Economics Ganga Prasad G. Rao http://myprofile.cos.com/ The prophets of doom have spoken. And for once, the financial meltdown did turn those prophecies true. The stock markets, banks and financial institutions fell like nine pins (and with them, the thick volumes of budget and five-year plan documents) when the big daddies pulled the plug on the bourses. They knew better than to expect 50% returns year after year. ( Now is not the time to speak of the small investor who lost his house and family to the crisis by following the 'invest and hold long' strategy. Sucker!!!!!) With the threat of an economic collapse following the financial crisis still in the air, and with the upcoming global warming negotiations already casting their long shadow on the industry, the governments of the world are groping for ideas to grow their economy. Like? Keynesian Economics? Neo-classical laissez faire? Neo-Keynesian Economy? Been there done that! So what's new? Macr
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Showing posts from January, 2009