The world’s investment leader, Warren Buffett, once said, “It’s only when the tide goes out that you realise who has been swimming naked”. When the banking system hit the rocks and the tide turned, the naked were caught disrobed. Similarly, sometimes it takes a pitch-black economy to reveal who and what in the financial firmament really shines. It is only[Read More...]
The post India’s Public Banks Are Its Lifeline: Privitisation Will Ruin Them appeared first on Countercurrents.
Source