VEMBU BLOG

I write my first blog post at a time when I feel the economy is reaching its state of equilibrium which is to say that I consider the credit induced boom across the globe in the last few years as abnormal and unsustainable and it is indeed good we will be returning to what I consider normal and sustainable economic growth.

First some background. I am no economist and I admit my brain power is limited in a way that I cannot give you a logical analysis of what all was wrong with how the world economy was being managed. … Read the rest