The global economy's fundamental weakness

When Lehman Brothers declared bankruptcy ten years ago, it suddenly became unclear who owed what to whom, who couldn't pay their debts, and who would go down next. The result was that interbank credit markets froze, Wall Street panicked, and businesses went under, not just in the United States but...

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A critique of VS Naipaul: An apologist for colonialism

I was travelling from the beginning of August for about six weeks. During my travel I came across the news of the death of VS Naipaul at the age of 85 (August 17, 1932 - August 11, 2018). He is a well-known travel and fiction writer. As an author he...

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