NY Times writes a piece that reads a lot like one would read in Bloomberg. It walks over familiar ground. It is a collection of news developments. There is no story. What Mario Monti said and what Merkel is doing in Germany are significant. One of those rare occasions, when I agree with what Jeremy Siegel says. I have more to say on the likely developments in Eurozone in my forthcoming piece in MINT on Tuesday. Will post it here after it is published.
In the meantime, pay attention to what Dr. Brahma Chellaney has written on the ‘irresistible rise’ of Asia. It is very sobering for the triumphalist camp in Asia.
Mohit Chandra’s brilliant open letter to India’s graduating classes. Spot on.