Please take a good, long and hard look at the table below . India’s total defence budget outlay has risen 8 fold in the last 25 years ( $11 billion to $91 billion) while Iran’s has risen only 3 times (from around $3 billion to $8 billion in the same period). In 2001, India andContinue reading “Has India’s budget spending on Defence and National Security been as smart and wise as Iran’s turns out to be today ?”
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Macroeconomics they never taught me at university : “The Zelensky Effect”
One of the important lessons in modern economics they never formally taught me when I was at university is that when faced with impending woe and imminent recession, the two most effective policy-measures a nation’s leaders will resort to while trying to dig themselves out of the hole they themselves in the first place dugContinue reading “Macroeconomics they never taught me at university : “The Zelensky Effect””