tag:blogger.com,1999:blog-2258603882855795195.post8152755098868391227..comments2023-09-27T17:03:56.843+05:30Comments on Mangoman Musings: Car sales continues to rock :)Mangomanhttp://www.blogger.com/profile/00091941691188942489noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-2258603882855795195.post-52979756317751290532013-04-05T17:19:33.685+05:302013-04-05T17:19:33.685+05:30Kumar, you are spot on.
Crisis of sort has indeed...Kumar, you are spot on.<br /><br />Crisis of sort has indeed come from Asia. But funnily it is Japan which is trying to expand the balance sheet which causes money to flow from all EMs to Japan.<br /><br />I am not sure about china meltdown. That cannot happen. They can manage their economy.<br /><br />The real trouble is for India.Mangomanhttps://www.blogger.com/profile/00091941691188942489noreply@blogger.comtag:blogger.com,1999:blog-2258603882855795195.post-41497127689569887042013-04-04T15:14:00.700+05:302013-04-04T15:14:00.700+05:30I agree that we do not have the political will to ...I agree that we do not have the political will to see through such a crisis.The next trigger for the crisis could come from Asia.Shadow banking in China is a real issue.A china meltdown is areal possibility in 2014.With gold falling and property prices at astronomical level there really is not a safe place to park the money.<br />KumarAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2258603882855795195.post-76484873134593244982013-04-02T21:09:48.494+05:302013-04-02T21:09:48.494+05:30so far such a scenario is not anticipated. But the...so far such a scenario is not anticipated. But these are difficult times. India has never been in such situations before and I sincerely feel we dont have the discipline to wade through this.<br /><br />That worries me a lot. We need to see the triggers. If you keep your money in private banks, move that first to public sector banks such as SBI etc.Mangomanhttps://www.blogger.com/profile/00091941691188942489noreply@blogger.comtag:blogger.com,1999:blog-2258603882855795195.post-21312724586446580612013-04-02T09:18:59.074+05:302013-04-02T09:18:59.074+05:30I meant "Bank Run"I meant "Bank Run"Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2258603882855795195.post-23280682133718959582013-04-02T09:17:34.864+05:302013-04-02T09:17:34.864+05:30Then signs are certainl worrying.As someone with s...Then signs are certainl worrying.As someone with subtstantial cash deposits in the bank,I am getting worried whether we will have a Cyprus moment in the not too distant future.I noticed that you are from the Banking industry.What are the possibilities ofa ban run in India.How far are we away from such a situation?Any insights will be much appreciated.<br />Cheers<br />KumarAnonymousnoreply@blogger.com