What happened to the world economy after 2008.
First it was the American mortgage crisis.
We hadn't come out of it, the European Debt crisis (ireland, greece, ... now spain) started.
That wasnt enough :-(
India is suffering from fiscal deficit, inflation, a weak currency, .......
Rise up Mr. Finance Minister....
I remember in 2008 an article was published in NYT where MBA Finance graduates were thrashed and downgraded... There was a lot of repercussion of this article.. Some geniuses in India used their minuscule interpretation of the article by wiping the MBA Finance grads/openings from the public sector and almost from the private sector....
But since then the situation has worsened, instead of improving ... I think the time has come to call back the real disaster-managers...the MBA Finance grads... they know how to run the show... they may not know economics fully, accounting fully, psychology fully,.... but they know JUGAAD. Thats what is required and thats what runs the world. Remember "NOTHING IS PERFECT."
