Tag: Petrol
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Card Spends and inflation
Was remembering my days in the bank when part of my job was to increase Credit card spends by manipulating credit lines for individual customers or clusters. My friend in the same team had a similar goal, but he could manipulate only the offers that were made available to our carded customers. While the role…
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Fuel costs leading to Closed economies ?
Read a very interesting article yday- wherein the author built a case for changes he predicted in manufacturing services due to the increased crude prices. According to him the labour arbitrage opportunities that many companies/countries could exploit previously, would no longer be as profitable. Reason being that historically the increased shipping costs due to shifting…