The Investor Sentiment - Equity and investments forum for Sri Lankans
The Investor Sentiment - Equity and investments forum for Sri Lankans
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Please send an email to contact.lankaninvestor@gmail.com if you face any technical difficulties when posting
Search
Display results as :
Advanced Search
Latest topics
Trading Journal Tue Sep 15, 2020 10:37 pmThe Invisible
AEL Access EngineeringTue Sep 15, 2020 7:24 pmsmallville
CFVF - First CapitalWed Sep 09, 2020 9:42 pmWonderer
DIPD.N0000 (Dipped Products PLC)Mon Sep 07, 2020 8:47 amBeta
Plantation Sector UpdatesMon Aug 24, 2020 10:00 amserene
අනං මනං! #/+?.<>Tue Aug 18, 2020 11:15 pmYin-Yang
Dividend AnnouncementsMon Aug 17, 2020 1:27 pmRana
Ceylon Tobacco CTCSun Aug 16, 2020 5:11 pmThe Invisible
Sunshine HoldingsFri Aug 14, 2020 9:39 pmThe Invisible
HAYC - HaycarbFri Aug 14, 2020 10:15 amBeta
Tokyo CementThu Aug 13, 2020 11:45 pmThe Invisible
LOLC HoldingsWed Aug 12, 2020 3:52 pmThe Invisible
SLTL.NWed Aug 12, 2020 11:06 amThe Invisible
Gota's EraTue Aug 04, 2020 8:49 amyellow knife
SEYB.N0000 (Seylan Bank PLC)Fri Jul 31, 2020 8:37 amNIRMALSG
JKH.N0000Thu Jul 30, 2020 10:48 amThe Invisible
Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

Go down
avatar
yellow knife
Top contributor
Top contributor
Posts : 6796
Join date : 2014-03-27

Beyond Stage One Empty Beyond Stage One

on Mon Apr 25, 2016 1:26 pm
Message reputation : 100% (3 votes)
Beyond Stage One 41PN%2BTL6lDL._SX349_BO1,204,203,200_

Now we have to move beyond Stage One in economics... So this will be an advancing above what we simply see.

I base this continuous exercise based on good economic writers on current market situation.

So today's grave economic situation is summarized based on the article titled " A Cherry-Picking Monetary Board when another major scandal is rubbing on its nose. " published in DailyFT and authored by W.A.Wijewardana

*********************************************************

Sri Lanka is in serious economic crisis today. It is accepted by the monetary Board in its monthly monetary policy review of March 2016.

1. Growth has decelerated.
2. Core inflation is picking up
3. Money and credit have ballooned up
4. Government Budget is in serious difficulties


This is a classic example of a macroeconomic imbalance which has to be corrected by increasing interest rates and curtailing teh total demand in the economy.

*********************************************************

EFF facility of $ 1.2 Billion not sufficient

Extend Fund Facility loan from IMF would help it to build trust among investors . Yet that $ 1.2 Billion loan releasing in tranches of about $ 300 million is inadequate to meet foreign loan repayment commitment alone in the next 12 months of $ 4.5 billion.

************************************************************

Reintroduction of repatriation  of export proceeds  and similar Draconian Laws are the result of these situations which will further worsen the economy.
Yin-Yang
Yin-Yang
Posts : 1297
Join date : 2016-03-12

Beyond Stage One Empty Re: Beyond Stage One

on Mon Apr 25, 2016 3:37 pm
Message reputation : 100% (1 vote)
Is that a good book to read YK?

Usually, your recommended books so far have been useful and great.
avatar
yellow knife
Top contributor
Top contributor
Posts : 6796
Join date : 2014-03-27

Beyond Stage One Empty Re: Beyond Stage One

on Mon Apr 25, 2016 3:45 pm
Message reputation : 100% (3 votes)
Well this is written by Thomas Sowell..

He is an economic advisor and what he says is in economics what we learn in Stage One and accept as true is really questioned in stage two and beyond.

There are many areas where the writer will re-test you. Some stories are really worth to read like Woolworth story....

Woolworth is a young boy who came to town to sell milk. He got a job without salary but was happy with food and accommodation provided..Later he became the owner of the company he worked for. He constructed the world tallest building then.. the Woolworth building...


Even Sinhalese Tamil problem is discussed in this book..
Yin-Yang
Yin-Yang
Posts : 1297
Join date : 2016-03-12

Beyond Stage One Empty Re: Beyond Stage One

on Mon Apr 25, 2016 3:52 pm
Thanks for the info; YK Smile
sounds worth having a look at.
Back to top
Permissions in this forum:
You cannot reply to topics in this forum