The leading and lagging economic indicators…

What are these indicators and how ordinary people perceive them? Increase in demand and production are considered leading economic indicators while employment is generally considered a lagging economic indicator. This is an established measure and I do not have any dispute on that account. What I would like to add is that consumer confidence is [...]

When do we change the name of ‘Indian Ocean’?

Why did we have to change the name of the ‘Indian Subcontinent’ to ‘South Asia’? Then why should we not change the name of ‘Indian Ocean’ to say ‘South Asian Ocean? Better still, we could change it to ‘Chindian Ocean’ since China is going to rule the world in any case. But then what happens [...]

China is emerging as a major “loudmouth” of Asia

China would never match the erstwhile Soviet Union; forget about emerging as a world-power. The United States of America always needs a rival to compare its prowess and for that reason they first hype-up a potential adversary and then go all out and demolish it. China is too dumb to understand this simple superpower game. [...]

Thomas Friedman is a smart man, but misinformed!

Tom Friedman wrote an editorial this morning in the New York Times titled, The Green Revolution(s), on the Iranian crisis. The point that Friedman is trying to make is that the autocracies like Iran are sustained because of petro dollars. He believes that if America stops consuming the Middle East oil, the theocracies of the [...]

Iran is unlikely to plunge into a civil war

The fight in Iran is between Islam v/s Islam, it is a family feud. The west and the rest of the world is nothing more than silent spectators. Their values are in line with the rest of the Muslim world but not with the world. Neither side is either progressive or conservative, they are both [...]

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