Sudip Bandyopadhyay’s Blog

Lord Mervyn King, Governor of Bank Of England crisply summed up the dilemma of the Governments across the globe when he said that… global financial institutions are global in their life, but national in their death. Each nation has to take steps to ensure that failure of foreign institutions does not disrupt its domestic markets.
Indeed,one [...]

“To believe that there is no way out of the present crisis for capitalism is an error” said Mr. Vladimir Lenin exactly 90 years ago, in March 1919, faced with another economic crisis, While discussing the dire straits of capitalism, he made the aforesaid comment and was  unwilling to write an epitaph of capitalism. That [...]