Category Archives: Economy

U.S. Credit Rating Downgrade: A Dead Serious Wake-Up Call!

  For U.S. policymakers, what happened on the 5th of August 2011 was a power punch thrown at them by Standard and Poor's (S&P) in a form of a downgrade for U.S. sovereign debt from triple A (AAA) to double A+ (AA+) rating. The said downgrade obviously gave the technorats a “tickling feeling” causing them to panic and get out of their awesome cubicles to explain any cloud of doubts and obscurities on the country's present economy. The said downgrade issuance was quite a surprise to them as seemingly there had been exchanges of communications prior to the announcement between … Continue reading U.S. Credit Rating Downgrade: A Dead Serious Wake-Up Call!

The Land Of The Rising Sun: Now In Crisis Due To “Triple Threats”- Tips and Thoughts*

Who would have ever thought that Japan, located in the Far East and tagged as the land of the rising Sun could be facing the opposite direction, the west side horizon, where the Sun normally sets? Who would have ever imagined that an industrialized and developed nation like Japan would experience a catastrophic incident which could have impact on its economy or even the global economy for that matter? As mentioned, Japan is one of the wealthiest and the most technologically advanced nations in the world. It has all the high profile and state-of-the-art technology as far as electronics, hard … Continue reading The Land Of The Rising Sun: Now In Crisis Due To “Triple Threats”- Tips and Thoughts*