Skip to main content

My MBA Years and The Greek Debt Crisis


During my MBA years, the one topic in absolute rage was Sub-prime loan crisis of USA that triggered the global recession in year 2008. Heck, it was even more popular than the girls in class thanks in no small parts to some wannabe intellectuals. Helplessly, I was too among the brigade of these unfortunate creatures who had to go to the ordeal of daily devouring the gory details of stock market crises of USA and EUROZONE. I later on submitted a thesis on debt crisis of PIIGS countries for accruing my ill-fated PGDM degree. For those who didn't deal with this calamity in their academic years, I wanna tell them that PIIGS stood for PORTUGAL, Ireland, Italy, Greece and Spain.

Now fast forward the proceedings to 30th June, 2015 and situation is still grim for at least Greece, Italy and Spain. Italy and Spain cumulatively contribute to 28% of Eurozone GDP. Greece has declined the debtors' proposal for repayment of loans over the binding caluses of such agreement. They might have to retreat to their own currency of Drachma and shun Euro completely. Nationalisation of banks could be the next step for Greek Government to save some grace. They are also running the danger of getting evicted from Eurozone and that could be the real fatal flow to unification plan of European Council. In short, Europe is facing the issue of identity-crisis and Greece, yet again, finds itself at the centre of it.

The crux of this story is that it hasn't still lost its attraction. 5 years later, it again got me hooked and thus after getting many requests of my classmates and friends who wanna get underneath of this story, I have come back with a suggestion. Too Big to Fail is a television docudrama helmed by HBO few years ago and you could all refer to this brilliant feature film for becoming familiar with recessionary crisis of 2008. Fearlessly enacted by Paul Giamatti, William Hurt, and Billy Crudup, it provides an access to viewers as close as they can get to the surface of things in an entertaining yet intense manner. You will not be disappointed after watching it and that's a gentleman promise......after engaging two years of my life to this world event, I can harbour such bold confidence finally, I believe.........‪#‎GreeksInFix‬.......‪#‎TooBigToFail‬......‪#‎NakedEmotions‬

Comments

Post a Comment

Popular posts from this blog

Love and Friendship

Friendship is an aspect of life that’s not controlled by its beholders. Ideal friendships, well they are the things of past now. Many a times we have seen our parents or their parents talking about their old great friends and how amusingly they tell us about their bonding, the moments they spent together and we see a ‘priceless’ twinkle in their eyes…..that’s something which is missing from modern friendships. There are terms & phrases like ‘yaar tu to apna bhai hai’, ‘yaar tu to ghar ka aadmi hai’ which even today invoke something very beautiful inside our hearts but we all know that the feelings underneath them are ‘hollow’, they are just mere words, ‘emotionless’ and ‘impassive’. Well who am I to comment on such an indefinable ‘qualitative’ perspective? I’m one of you, those wretched creatures that are still in need of true, great friendships. Well I certainly can’t say that I haven’t got friends. I’ve got friends, plenty of them in fact, and some of them are real great. I s...
1 comment
Read more

P.S. Hoffman & Joaquin Phoenix: The Master

My infatuation with the movies is well known but my involvement with the actors and their characters is even more heartwarming. There are innumerable movies that I saw simply because they featured my favorite actors, however they themselves were not great. Examples could be infinite, however for the sake of this article I'll have to produce something here. Anger Management for Jack Nicholson (boy, isn't he a legend?), Swing Vote for Kevin Costner, Snatch for Brad Pitt, Legends of the Fall (Brad Pitt), Leon: The Professional, Immortal Beloved, Bram Stroker's Dracula, State of Grace & Prick up your ears; all for Gary Oldman (mind you, he is a chameleon). Meanwhile, I started accumulating some of the finest performances by some of the legendary actors of all time. Very recently, as anyone who follows me regularly knows, I grew very much fond of the craft and artistry of Daniel Day-Lewis. He is a fine, fine actor whose study and impersonation of a character is often pictur...
Post a Comment
Read more

Book Review - Colourful Notions:The Roadtrippers 1.0

Soul-searching (or at least an effort to do that) has become the new go-to objective of our millennial directors and writers who try to weave a narrative involving some characters that are confused at most of the things that do and thus are 'ordinary' by greats' standards. They look out for an answer, of all the troubles they are having in their lives and thus look out for an endeavor which if not provides a satisfactory solution to their troubles, at least give them a respite for a short while from their unremarkable lives. Hollywood and Europeans are working on this issue from 90s and they visited the orientals as well in search of their lost inner-selves. They might think that they are closing in on a solution but what about the developing Asians? They are catching up fast with 'well-developed' (but ever-so-confusing) Americans and Europeans and thus are getting the headaches and 'made-up' problem of their owns. Well, the author of this book, Mr. Mohit G...
Post a Comment
Read more