Sunday, September 25, 2011

World economy apparently more ill than me



I was watching CNN Live which covered the IMF Press Conference in Washington about 30 mins ago. Christine Lagarde the IMF Managing Director gave the usual hype that the world economy is in bad shape with problems even in the US and Europe being the epicenter blablabla!.

Then an Indian man by the name of Tharman who is the Chairman of the IMF spoke really well and intelligently and I asked myself who is he! I found out that he is not only the Chairman of the IMF but the current Minister of Finance, Singapore. Economics had always been my favorite subject in high school not science. Oh Well!

A few months ago I saw a Charlie Rose program featuring an interview of the General Manager of the World Bank and she spoke really eloquently. Only later did I found out that she was the former Finance Minister of Indonesia who was responsible for cleaning up the corruption practices which has led to her country's current economic revival.

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