The Political Hawk

When the Lehman Brothers got bankrupt in 2008, it initiated a shock wave through out the planet and dragged the world into a turmoil know as the 2008 financial crisis. The crisis exposed the dark side of the banks to the whole world. Without any doubt the banks were responsible for the disaster but instead of being held responsible they were saved. The UK created rescue packages for the banks and the USA bailed them out. Those people who suffered massive loss, suffering and grief still wait for justice today. As the members of the establishment in the west famously said for the banks that they are  too big to fail . However in one tiny nation there was a revolution in the making. A revolution that shocked the east and the west of the world, that nation was Iceland . A nation of only 320,000 people decided to let that banks fail! As according to them the banks were not too big too fail . It didn't just stopped here they even jailed their bankers and especially the chief execut...

In the above Image on the left is a portrait of Vasco Da Gama, one of the greatest explorers of all time and representing Portugal's golden age, when they were a great power. Where as on the right is a picture of a women homeless, jobless and drowned in deep poverty, representing the Portugal today. Lets now explore how a great nation has fallen from such grace and what it has become in the present world. Perhaps one the first developed nations (like Greece) to be destroyed by capitalism. It was not a much of a surprise that the country did not had any immediate effect on it after the second world war. Since the Estado Novo regime led by Salazar was well rooted in the country. I think the historians usually do not highlight this much but the Indian invasion of Goa was the turning point in Portugal's history as it led to the Portuguese colonial wars and later the "Carnation Revaluation". Impact of Goa's Invasion After 1961 when India invaded Goa, libera...

In the final stages of the second world war, when the United State of America humbled the Japanese by bombing Nagasaki and Hiroshima with the atomic bomb. The nation was defeated and entered an abyss. At that time almost every scholar or intellectual predicted that Japan's future is in a massive doubt. However against all odds the country rapidly broke the chains of depression and defeat. It was just in the 1970's Japan was back as a power house, this time as an economic power house. In the 1970's the nation flourished as they kept on embracing capitalism. In the mid of the 1980's Japan had already surpassed the likes of United Kingdom and France. As Japan became the second largest economy in the world and the leader of the the electronic industry. Those pundits who once predicted the country has no future, now they were claiming the land of the rising sun will even surpass the United Sate's economy. Technology triumphed in Japan, Tokyo became the world capital...