Archive for August 26th, 2013

From USA to ISA?? (Indebted States of America)

August 26, 2013

An interesting piece by Steven Malinga, senior editor of City-Journal.

He shows how several states in US have piled on debt using fancy accounting tricks, fancier bonds, circumventing law and so on. An interesting tale of states:

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Please get the rupee depreciation math right..

August 26, 2013

A much needed piece from Samir Arora. There is a need to keep looking at basics.

He says plenty of suggestions are floating to correct rupee depreciation. Apart from  many suggestions, what is irritating is the different figures one gets on rupee depreciation  for even similar periods. He says the problem is with the math:

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