Imagine Leadership as imagined by Harvard and its new Dean Nitin Nohria
Thursday, May 6, 2010
Word of the Day - Deja Vu
For people who were closely following US financial markets at about 3pm, it sure felt like Deja Vu. It was like the fall of 2008 all over again.
Dow Jones Index dropped almost close to a 1000 points within a span of 10-15 mins. The chief cause of this drop, the sovereign debt crisis in several European countries and Greece in particular. The crisis seems to be so bad, that even the Euro may not be immune as Paul Krugman points out in his recent Op-ed for the New York Times.
Dow Jones Index dropped almost close to a 1000 points within a span of 10-15 mins. The chief cause of this drop, the sovereign debt crisis in several European countries and Greece in particular. The crisis seems to be so bad, that even the Euro may not be immune as Paul Krugman points out in his recent Op-ed for the New York Times.
Subscribe to:
Posts (Atom)
