value investing

The Importance of Developed Financial Markets

Gurufocus posted an article by me on The Importance of Developed Financial Markets (http://www.gurufocus.com/news.php?id=126102) and the Indian debt markets.
 
In the aftermath of the financial crisis of 2008, it has become fashionable to blame Wall Street and the financial markets for all the ills plaguing the US economy. The US has one of the most developed financial markets in the world and it forms the backbone of the wealthiest country in the world. More...