The Dangers of Neo Liberal Economics

The Dangers of Neo Liberal Economics

For years, criticism has been mounting against the Neo Liberal Economic principals espoused by the International Monetary Fund (IMF), and applied on all countries that stumble economically and seek the IMF’s help.  Continue reading “The Dangers of Neo Liberal Economics”

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Volvo Switches to Electric Cars

DAILY BASKET – NEWS COMMENTARY

Volvo Switches to Electric Cars

MARSAL COMMENTS: As off 2019, Volvo will phase out petrol engines and produce electric cars. All the other big manufacturers are already in different stages of producing electric cars (pure or hybrid). Tesla, the US electric car manufacturer, will face serious and increasing competition from the big boys armed with economies of scale, marketing muscle power and deep pockets. Continue reading “Volvo Switches to Electric Cars”

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Bunnies Are Good For Your Old Age!

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Bunnies Are Good For Your Old Age!

MARSAL COMMENTS: This is in response to a dear reader’s comment that most of our articles are alarming and gloomy, and suggested that: “We need happy headlines, something with bunnies  and sunshine  “.  Continue reading “Bunnies Are Good For Your Old Age!”

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Air India for Sale

DAILY BASKET – NEWS COMMENTARY

Air India for Sale

MARSAL COMMENTS: The Indian government is planning to sell its “white elephant”, Air India. It continues to make losses and had to be bailed in 2012 with $4.5 Billion of government money. Despite that, it still has $ 8 Billion of debt. Not a very appetizing Continue reading “Air India for Sale”

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US Steps on Chinese Toes

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US Steps on Chinese Toes

MARSAL COMMENTS: The US announcement that it will sell Taiwan $ 1.42 Billion of weapons has China hopping mad. This is not what Trump tacitly agreed with Xi, China’s leader.
Taiwan is a red line for China, and using it to pressure China whether on North Korea, South China Sea or world trade, is rather crass of the US. It seems diplomacy has been put to sleep. Continue reading “US Steps on Chinese Toes”

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US Trade War?

DAILY BASKET – NEWS COMMENTARY

US Trade War?

MARSAL COMMENTS: President Trump seems determined to “Make America Great Again”. One obvious step is to reduce the trade deficit with the world. The US imports far more than it exports. The simple and fast way to do that may be to levy import tariffs on products from the main US trading partners; China and Germany. Continue reading “US Trade War?”

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Is Privatization The Solution?

Is Privatization The Solution?

There is a prevalent misconception of privatization. On one hand, the concept of privatization is diverse and hence complex, with no universal consensus on why and where it may be applied, what it exactly entails, how it is to be implemented and what are its actual historical outcomes. On the other hand, heavy doses of public relations cosmetics have been applied to Continue reading “Is Privatization The Solution?”

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North Korea: Bluff, Show-Biz Or Both?

North Korea: Bluff, Show-Biz Or Both?

Trump’s powerful “armada” ordered to the North Korean coast seems to have splintered. On April 19th, it was reported that part of the fleet had veered off in the opposite direction towards the Indian Ocean, another towards Australia. The Press was aghast. It expected a mini Armageddon Continue reading “North Korea: Bluff, Show-Biz Or Both?”

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The Village Building


The Village Building

Once upon a time, there was a rural village that lay beside a beautiful serene lake. The villagers were envious of the city dwellers, and wishing to emulate their perception of civilization and modernity, decided to build a multi-story building that houses a supermarket, offices, and apartments Continue reading “The Village Building”

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