The name of the villian is excess cash
by Vivek Kaul/DNA Money
Humpty Dumpty sat on a wall,
Humpty Dumpty had a great fall;
All the King’s horses and all the King’s men,
Couldn’t put Humpty together again.
— An old nursery rhyme
The Sensex and the other indices have been falling for almost a month now. With the benefit of hindsight, one can safely say that the bubble has been pricked and what stock market experts had initially termed as a correction has all the makings of a crash.
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