Recent reports suggested that 1 in 5 Mortgages in US are "underwater". In Nevada, more than half of all mortgage borrowers are upside down.
The following is a chart that shows the typical human behavior in these circumstances:
Source:
http://www.businessweek.com/bwdaily/dnflash/content/mar2009/db2009033_306801.htm
Thursday, March 5, 2009
Wednesday, March 4, 2009
India: Money & Politics
See for yourself where the best, and the biggest democracies are on this chart. India is off late trying to compete Globally - for permanent seat in UN Security Council, for inclusion into the Nuclear circles - that the top-5 industrial nations are privileged to.....
Shouldn't India work towards better disclosure rules as it relates to it's people's representatives ?
Source: http://www.economist.com/research/articlesBySubject/displaystory.cfm?subjectid=7933596&story_id=13171700
Shouldn't India work towards better disclosure rules as it relates to it's people's representatives ?
Source: http://www.economist.com/research/articlesBySubject/displaystory.cfm?subjectid=7933596&story_id=13171700
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