Vulnerability to the environmental toll

There is a lot of vulnerability in the markets now especially after the recent bull run of the Dow Jones index. The head winds are metaphorically and literally of 'tsunami proportions'.

There are many unknowns and many analysts are still only beginning to factor in the serious impacts of not only the actual tsunami in Japan but the after effects that may be even more chronic and severe from the fall outs of the nuclear plant effects.

I see a big role for policy makers of the environment protection and preservation in the next 10-20 years. If they don't do a good job, we are all going to face increasing threats to our ways of life. Count the environment cost!

Comments

Post a Comment

Popular posts from this blog

4.5% - 30 year mortgage?

Is 4.5% interest rate on a 30 year mortgage possible? That's what some experts like the Dean of Columbia Business School, Glenn Hubbard has suggested that the US government should temporarily peg at, to alleviate the foreclosure crisis in the US. I am not sure why this is very difficult especially given the government intervention at multiple levels to prop up the housing and the economy. Some critics have cited such a move would bypass the market economics of supply and demand. But correct me "If everything in capitalism was based on supply and demand then there would have been absolutely no need to bail out failing banks and mortgage companies in the first place". Did I miss something?
Read more

A really simple idea for a global economic revival

Eurozone is crumbling, Italy and Greece in sovereign debt crisis, France no better, high unemployment, low consumer confidence, flat incomes, increasing costs, etc. all of these no doubt is the perfect recipe for a pessimistic outlook of the world. IMF chief Christine Lagarde warned today about a lost decade for not just the developed world but for the whole world if wealthier nations don't intervene referring to the Germanys and USs of the world. These are sobering days of the times we live in. Here is atleast one simple solution, that is certain to increase housing demand and thereby can most certainly increase the confidence in the economy. We are at 9% unemployment in the US, which means more than 90% are still with jobs. These people need to be encouraged to spend more. Since the biggest investment for any family is their home, why not start from there. Almost all houses have lost their values by atleast 15% to 50% for no fault of the ordinary people. We ...
Read more

From Race to the Riches to Race to the Ditches

In my recent visit to India, I was more disillusioned than delighted to see the rate of the civil society changing. Numerous people, presently, in my estimate 6 out of 10 have leaped out of deprived riches and money in the last 4-5 years. They have just been bestowed with this sudden wealth that can pale what people have in developed economies! The wealth-building is good but there are collateral damages to society. One of the most disturbing trends I noticed was that there is a terrrible decline in respect, decency and moral values in civil society. I call this phenomenon "PEOPLE'S RACE TO THE RICHES LEADING TO A MORAL RACE TO THE DITCHES". I can identify three reasons: 1) Indians are hard working, and take care of their family to the fullest possible extent, but, this has eroded, because money is easier to come by than before. Hard work and little money has given way to easy work and fast & big bucks, sometimes even at the cost of (extrended) family's wel...
Read more