Satyajit Das

Satyajit Das writes the Das Capital Column in the Independent. He has worked in financial markets for over 35 years, as a banker, a corporate treasurer and now as a consultant to banks, fund managers, governments, companies and regulators around the world. He is also the author of Traders Guns and Money and Extreme Money as well as a number of reference books on derivatives and risk-management, which double as 'door stops'. He became a banker because he wasn't good enough to be a professional cricketer, but would give up finance if anyone offered him a job as a cricket commentator or allowed him to pursue his other passion- wildlife (he is the co-author with Jade Novakovic of In Search of The Pangolin: The Accidental Eco-Tourist). He lives in Sydney, Australia.

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An investor reads a newspaper in front of an electronic board showing stock information at a brokerage house in Beijing, China. China's major stock indexes sank more than 6 percent in early trade on Tuesday, after a catastrophic Monday that saw Chinese exchanges suffer their biggest losses since the global financial crisis, destabilising financial markets around the world.

President Xi had too much riding on China’s stock market boom

The stock market falls raise the risk of significant problems within the financial system.

In the aftermath of share falls in the Chinese stock market, there is increased focus on the wider effects

There may be no sudden fallout from China’s crash – but give it time

Das Capital: Chinese households may increase already high savings rates, slowing growth

China's bubble burst after an expansion driven by superstition

Das Capital: One speculator admitted to investing on the advice of her hairdresser

China's stock market rise was doomed to spiral out of control

Das Capital: The A-share bubble was engineered to compensate for growing economic problems

'Financial repression' benefits governments but hurts people

Das Capital: Higher tax rates will be accompanied by subtler measures

People celebrate in Athens after the first exit-polls of the Greek referendum

Greece crisis: The Inconsequential Referendum

The Greek Referendum was always going to be a Rorschach inkblot test, with everybody projecting their own perceptions onto the result.

Greece crisis: Whatever the result of referendum, nothing will be resolved

Das Capital: As Sartre put it: 'Once you hear the details of victory, it is hard to distinguish it from a defeat'

Das Capital: Central banks are singing  from different song sheets

Since 2009, all asset prices have been affected by the central banks’ attempted reflation through  a massive injection of liquidity.  The total amount of money is around $10-$12trn (£6-£7.5trn), enough to buy each person on earth a flat-screen TV. Today, as much as $200-$250bn in new liquidity each quarter may be needed simply to maintain asset prices.

Satyajit Das: Reform can’t be irresistible if China’s system is immovable

Increased suppression casts doubt on the efforts of the Chinese Government to deal with corruption in a transparent and accountable manner, reports Satyajit Das

China's rebalancing act will require major reform of the banking system

Das Capital: China has committed to removing controls on capital flows, but the risk of deregulation is significant

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