Tuesday, October 4, 2011

Good Morning 05102011

Afternoon saw some shocking news trickling in. India's largest lender has been downgraded in terms of its financial strength. This is going to affect the country a great deal.

And soon we might see India going
through some tough times. How I wonder, our government is going to tide over this? And they are showing no intent as of now. And the policies are only good enough to deteriorate things.

And there are things brewing up in Wall Street. That's what NY Times says. Americans are growing more restive of tax cuts and outsourcing. A few years ago, this would've been unpredictable even to the wise men and many made dough out of it.

Dreary mornings coming up

1 comment:

BK Chowla, said...

How can we expect security to the common man or to his money when the Govt is at loggerheads with its partners?