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Showing posts from August, 2009

A study of past recessions

http://www.nytimes.com/interactive/2009/01/26/business/economy/20090126-recessions-graphic.html A very informative link which studies all the major recession(in US) since the great depression! The theory of keynes's (keynesian economics) in combating recession which supports the circulation of money by goverment (bu buying or reducing rates) was titled not pragmatic as it virtually had no effect during the recession in 1960 till the economy recovered, was again endorsed in 1980 when Reagan reduced the regulations and introduced tax cut which increased the spending and it(increased spending) led to recovery the very next year.(In 1960 it had taken a lot of time to have effect). The credit crunch in 1990 caused by the tight monetary policy (to combat the rising inflation) was again restored when Alan(then fed Chairman) cut the federal funds rate several times(sometimes boldly as Glen Hubbard puts it :) ).It was the same story(in combating) in 2001 when GDP falls though this tim

[Movie Review] Love aaj kal-review.

Here comes August 1.What do u think?yet another month?No yet another movie :)...Well, it just happens to be a new month.Actually its a saturday,another weekend and after silent rumination I could not help but consent my hearts avid desire for (yet another) a movie.It may even even sound asinine (to some of u) how I still have not lost interest given the trite or banal nature of these films.But thats the way my heart goes and thats the way I go... :) Cogitating over the options available I sieved '17 again' and Love aaj kal(a hindi movie).'17 again' sounded like another teen/romance sort of a movie with Zac Effron effect which would make most girls scream[atleast in their hearts :)... and girls,if this is not you dont bother] while 'Love aaj kal' sounded like yet another feel good soft romantic movie and guess what i chose? Ya, am not gay!(just for laughs,no offense) So here I am,yet another week end,yet another movie.The movie opened with ostentatious Deepik