What I read this week: How bitcoin represents perfect mania!

The cycle of leveraging Indian household is in full gear with young people also falling in love with borrowing against future expected income. Macquarie has excellent data which is discussed in the first article.

Medical tourism can be a big job creator and the second article deals with the opportunity and hurdle in taking this industry to next level.

No discussion is over without climate change and bitcoin these days and the next two articles deal with these subjects.

Is there a bitcoin bubble? Yes absolutely. But parabolic rise is quite profitable.

Our favourite holiday destination of Bali is having a live volcano and we should consider its effects seriously because it can lead to fall in global temperatures which may lead to drought and famine.
Retail asset quality- should you worry?
(Source: India financials: Sand is shifting)
Most of the financial companies which we talk to are focusing on the retail loans. The kind of interest in retail loans can be gauged by the interest of public sector banks, predominantly the wholesale lenders, have started to focus on retail loans. When a certain segment looks extremely promising, it is time to be cautious.

Indians may not be as debt averse as it used to be just about few years back. This has been highlighted by data provided in the Macquarie report authored by Suresh Ganapathy. Unsecured loans have been growing faster than secured loans over the past two years. The number of loans per customer and average personal loans balance are also on an uptrend clearly indicating that the Indian household is levelling up. Personal loans have witnesses over 60 per cent increase in the ticket sizes over .