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Showing posts with the label stock prices

Nothing looks outside of the realm of possibilities

Thirty years ago, the period between May 1990 and December 1990, was a watershed in global social, political and economic order. In the 7 months, the world changed the most in the post WWII era. For India, in particular that was a defining period in post independence history. In global context, some of the key events that took place in those seven months included the following: (a)    Apartheid ended in South Africa, marking the end of one of the darkest chapter in world history. (b)    The process of USSR dissolution begins. The Supreme Soviet of the Soviet Union grants Gorbachev special powers to secure the Soviet Union's transition to a market economy. (c)     Soviet Union collapse marked the end of a bipolar world that had divided the world in two camps in post WWII era. In the subsequent two decades, USA would reign over the world as the only super power. (d)    End of cold war between USA and USSR with...