Thursday, March 5, 2009

1 in 5 Mortgages "Underwater"

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:


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 ?