Tag: economy
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Everyone loves a debt- but only till it’s not defaulted!
Vikram is an ambitious man. He is doing great in his small business of manufacturing shoes with an annual turnover of Rs. 20 crores and earnings of about Rs. 2 crores per annum. But, Vikram wants to grow his business and doesn’t have enough capital for that. So, he goes for taking loans from the…
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Stepping into unchartered territory of future….
The future has never been so uncertain and unpredictable in the history of humanity, as it is now. This may seem a little exaggeration to some of you, but don’t rush, it will be clear to you in a few minutes if you are ready to be patient. Earlier, the pace of change throughout human…
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Kota coaching industry- the collapsing bubble!
We live in the times of many bubbles, especially the technology has accelerated the growth of financial bubbles which can burst anytime! There are many bubbles like the stock market bubble, cryptocurrency bubble, real estate bubble. One such bubble, although lesser known, also formed in the mecca of coaching industry i.e. Kota coaching industry. Since,…
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Self-reliance and self-sufficiency: The bane to world economy
A prelude to GDP vs GNH debate Sometime ago, I read a beautiful analogy of the economic activity and the associated circulation of money. Let me share that with you. The economy of the world, in general, and the economy of a country, in particular, wants you to buy a car instead of a bicycle!…