Financial Tsunami - Hurricane Lehmann
Following the reports of last few weeks regarding the financial Tsunami which is sweeping America and also the other parts of the Interdependent world, I was wondering how "coupled" we are with other parts of world. Probably this tsunami/pralayam might be good example of Chaos Theory which Kamalhassan tried to explain in Dasavatharam. There was a good article on ET by Mr S Iyer terming them whether this is the end of the beginning / most likely beginning of the end of US economical supremacy. Even though India has not fully opened up its markets (thanks to Left Front and few other political Geniuses), I fully understand the implications of this crisis which might have an impact on India as everybody understands except India's FM (with continuous rebuttals and playing safe with Media on the crisis). Even though i observe markets from the India's point of view, the first major symptom which shook me of was the sale of Bears and Sterns. 6 months later, we saw the fall of...