jul 22nd, 2008
a well written piece by a former harvard business school professor.
http://www.businessweek.com/managing/content/jul2008/ca20080714_683791.htm?link_position=linkxtra
the same is getting to be true of india: prices way up, return on funds way down, real estate bubble losing its fizz, and i am sure there will be job losses soon in export oriented industries. india is less frozen because of the enormous amount of petty corruption greasing the wheels.
a well written piece by a former harvard business school professor.
http://www.businessweek.com/managing/content/jul2008/ca20080714_683791.htm?link_position=linkxtra
the same is getting to be true of india: prices way up, return on funds way down, real estate bubble losing its fizz, and i am sure there will be job losses soon in export oriented industries. india is less frozen because of the enormous amount of petty corruption greasing the wheels.
1 comment:
Depressing article. But you can see the decline everywhere and its hitting hard.
Hope you are doing well now Rajeev.Was wondering why you were not posting the past few days.
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