The last few weeks have introduced several new terms like “subprime” & “liquidity crisis” to the global markets. I shall attempt to demystify the issue using layman parlance. I am not an economist by training, maybe a closet one, therefore I interpret this from a layperson’s point of view. The issue at hand is not [...]
Archive for August 30th, 2007
Subprime, Liquidity and why it affects you
August 30, 2007Maiden Voyage
August 30, 2007It took me a long while before deciding to write a blog. A late adopter of trends and a firm believer of the Old Economy, I initially viewed blogs as an utter waste of time. However, I have been humbled by the sheer power of this simple yet effective medium to
1) unleash creative and destructive [...]
