Recession , Economy & MBA’s
( Disclaimer - Quite long post ) I get lot of questions on these topics nowadays..When will recession end, whether I should invest in stocks , whether rupee will move up/down etc etc….Being IIM students, quite a few expects us to be well versed & knowledgeable in all these areas..Infact these are million dollar questions which even very well renowned economists are trying to find answers for… In this post I’m trying to answer some of these with my limited economics & finance knowledge… Ofcourse, these explanations are highly debatable..But anyway, if you are interested in the subject, read on… What is Recession ? Whats happening in the economy ? Mathematically/Economically , if a nation has gone through two continuous quarters of negative GDP growth, it is said to be in Economic Recession… Leaving out all such stats & complicated explanations, what has happened in the economy is that people are extremely reluctant to spend.. Banks are reluctant to...