Monday, January 21, 2008

Exports account is significant for most emerging market economies

Current credit crunch is more than bursting of ‘bubble’
If you find the web of international economies and money incomprehensible, take heart. You are not alone. That is how it is: “beyond comprehension,” says Satyajit Das. He is the author of Traders, Guns & Money, a book that talks about the known and the unknown in ‘the dazzling world of derivatives.’

It is ‘part thriller, part expose,’ describes Das, talking to Business Line, over the phone from Mumbai. “The whole point was to make it a fun read and teach something about the business and how these markets work in a non-technical way. It’s also satiric, irreverent and black in its humour — is that too many adjectives?”

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