I got a sudden interest in Economics.. to the extent that I study Economics atleast 2 hrs every day.. blame it on the Bench period I am put on in my new company, or the amount of interest Indian politicians have raised recently with huge amounts of financial corruption.
... oh Yes, yes, Indian politicians always looted money.. I should have gotten into Economics long back, but..
but now they are doing it in the open,
to keep everyone excited,
to make everyone understand the big numbers, the fundas..
and come on.. this is also a sign of India growing into an economic super power ?
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I will try to interest you also to read Economics .. by sharing something I learnt today.
In 1995, ING Bank, a Dutch Bank, purchased an entire Bank called Barings Bank, for one pound.. that should be about 65 Rupees in indian currency in 1995 I think.And Barings Bank was not some stupid bank.. it was a huge bank, operating billions of dollars, having offices in Singapore, london etc., and one of the few banks that had succesfully survived the world wars I & II and also the Great Depression of the 1920's.
Related links:
Barings Bank - on Wikipedia (Check the AfterMath section in the big article for the one Pound sale related note)
