Financial boom at a time of economic stagnation
Financial boom at a time of economic stagnation Updated: Updated: The paradox becomes clearer by recognising the circuit of financial flows beyond the real economy Share Article The paradox becomes clearer by recognising the circuit of financial flows beyond the real economy Divergences between the booming financial and the stagnant real sectors, which appear rather confounding as well as disconcerting, warrant an explanation. Enumerating the facts in India’s major secondary stock market, the Sensex (the benchmark index of the BSE Limited, or formerly the Bombay Stock Exchange Ltd.) has ...
Source: thehindu.com