Tuesday, June 21, 2016
Rajan leaving RBI
In a very competitive world you can only succeed if you do not mind the color of your cat. That was how Deng led China to succeed but the post-Deng leadership in China today seems to be beginning to develop their own self defeating ways as well. This is a much bigger story for another time.
Good luck to India, always so adept at shooting themselves in the foot.
Update: June 23 9.00 am
The greatest enemy of the Indians are themselves such that they often have to leave India to do well. India is fortunate many are willing to come back and contribute but they might regret that move as we saw in the high profile example of Raghuram Rajan.
Posted by PengYou at 5:57 PM