Tags » Charles Ponzi

The great Indian govt Ponzi scheme is here to stay

 

Vivek Kaul

In the budget speech that he gave in July 2014, while presenting his first budget, the finance minister Arun Jaitley had said: “My Road map for fiscal consolidation is a fiscal deficit of 3.6 per cent for 2015-16 and 3 per cent for 2016-17.” Fiscal deficit is the difference between what a government earns and what it spends. 1,008 more words

Analysis

March 3 in history

473 – Gundobad (nephew of Ricimer) nominated Glycerius as emperor of the Western Roman Empire.

1284 The Statute of Rhuddlan incorporated the Principality of Wales into England. 892 more words

History

Book Review Thursday: Dreamers and Deceivers

I am a fan of Glenn Beck’s books and his innovative ideas.  The man is a born storyteller.  This book is billed as a work of nonfiction, but with a twist of sorts.  253 more words

Book Review Thursday