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Alcoholism can't be treated with alcohol similarly the problem of excess debt can't be treated with more sovereign debt. World should prepare to spend couple of painful years in rehab.
All these bailouts can only defer the problem, it can't cure the problem.
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6 comments:
very apt! ... how have you been Neeraj, seeing your post after a very long time :)
Hi Sanjay, Its been long time. Where r u these days? I am with Hiranandani group - building a 2500MW gas based power project
Wow, that sounds very interesting (bcoz i am a Electrical (Power) engineer :-))! when did you leave Reliance? I am doing fine, still with the same company but will leave soon to go for an MBA programme later this year.
I left RIL in Sept last year. Where r u going for MBA?
Hey Sanjay, I tried visiting your blog. I believe its by invitation only. Pl send me a invite
i don't update my blog anymore, i left it quite some time ago :)...i am going to Cranfield, UK.
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