Leveraging has been the basis on which our so called "modern" economy has been built. In the space of a month, the very foundations of the world's financial economy are shaking at it's roots. It appears that not a single industry will be spared. And an unsuspecting world will now pay a very heavy price, for our past consumptive greed.
Has the financial industry misused and abused "leveraging" to the point, that it has now become a bad word.
Has the "Hindu rate of growth" now become a virtuous term! Is India a safer market than most, because of it's past conservatism?
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