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Is IMF under Indian economic chief Gita Gopinath fudging Indian economic growth?

BHarwana

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My thoughts are that IMF needs growth to happen or world economy will crash. Look at oil price today it is at $0 but it is just today and could be taken as a short term effect but if oil price stays under $6 for more than 2 weeks then world economy is really fucked. You will see huge job cuts in middle east and huge Flux of back ward migration. Currently most worried institution in the world is IMF and it would say anything to save it own skin. Any country showing growth is bullshit. There will be no growth only thing happening is economies of countries shrinking. In this crisis only Indian agricultural economy will survive rest of them will go to hell. Indian economy will shrink by more than 55%. If growing from negative - 45% is growth in eyes of IMF then I am speechless.

Today I had a short conversation with my friend who is a very much established business man and he said this to me.

My dear friend what can we business do. If sales will fall the job cuts will happen in proportion to that. Means economies will shrink.

The biggest challenge for India will be to restart from the lock down. That is not easy and might take India to war as well.

Pakistan is partial lock down and can be boosted back into action. India is full lock down and work force has gone from metropolitan cities to jungles recall is not possible.

I have not seen your video but this is what will happen. IMF cannot afford the word recession being said out loud. That is the issue with IMF. According to IMF Pakistani growth will remain at 2% which is also wrong. We will also suffer but India will be the biggest loser.
 

Taimoor Khan

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My thoughts are that IMF needs growth to happen or world economy will crash. Look at oil price today it is at $0 but it is just today and could be taken as a short term effect but if oil price stays under $6 for more than 2 weeks then world economy is really fucked. You will see huge job cuts in middle east and huge Flux of back ward migration. Currently most worried institution in the world is IMF and it would say anything to save it own skin. Any country showing growth is bullshit. There will be no growth only thing happening is economies of countries shrinking. In this crisis only Indian agricultural economy will survive rest of them will go to hell. Indian economy will shrink by more than 55%. If growing from negative - 45% is growth in eyes of IMF then I am speechless.

Today I had a short conversation with my friend who is a very much established business man and he said this to me.

My dear friend what can we business do. If sales will fall the job cuts will happen in proportion to that. Means economies will shrink.

The biggest challenge for India will be to restart from the lock down. That is not easy and might take India to war as well.

Pakistan is partial lock down and can be boosted back into action. India is full lock down and work force has gone from metropolitan cities to jungles recall is not possible.

I have not seen your video but this is what will happen. IMF cannot afford the word recession being said out loud. That is the issue with IMF. According to IMF Pakistani growth will remain at 2% which is also wrong. We will also suffer but India will be the biggest loser.

This was actually raised. 80% of India's work force were those people who we all saw, walking on the streets of India in utter despair trying to go back to their villages. So if most of them have gone back to rural India, if and when Modi regime decide to open the country and try to start the economy, who will be there to move the wheels of economy?

If my memory serve, IMF predicted Pakistan growth as negative and India as 1.9%. That's why I suspect that Indian sitting in IMF fudging figures for India.
 

Crusher

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I wouldn't be surprised, just like WHO acted like a bitchh for China in corona crisis. IMF is fully capable of acting like a bitchh for India. These so-called international organizations are losing their credibility and getting exposed in this corona virus crisis.
 
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Path-Finder

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My thoughts are that IMF needs growth to happen or world economy will crash. Look at oil price today it is at $0 but it is just today and could be taken as a short term effect but if oil price stays under $6 for more than 2 weeks then world economy is really fucked. You will see huge job cuts in middle east and huge Flux of back ward migration. Currently most worried institution in the world is IMF and it would say anything to save it own skin. Any country showing growth is bullshit. There will be no growth only thing happening is economies of countries shrinking. In this crisis only Indian agricultural economy will survive rest of them will go to hell. Indian economy will shrink by more than 55%. If growing from negative - 45% is growth in eyes of IMF then I am speechless.

Today I had a short conversation with my friend who is a very much established business man and he said this to me.

My dear friend what can we business do. If sales will fall the job cuts will happen in proportion to that. Means economies will shrink.

The biggest challenge for India will be to restart from the lock down. That is not easy and might take India to war as well.

Pakistan is partial lock down and can be boosted back into action. India is full lock down and work force has gone from metropolitan cities to jungles recall is not possible.

I have not seen your video but this is what will happen. IMF cannot afford the word recession being said out loud. That is the issue with IMF. According to IMF Pakistani growth will remain at 2% which is also wrong. We will also suffer but India will be the biggest loser.
main question is where are the bulging economy khatris targeting you?
 

CrazyZ

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Very likely the IMF is going along with fudged economic numbers from India. Even India's former chief economic adviser Arvind Subramanian has said IMF and world bank are being over optimistic on India. The reason is clear. India needs significant foreign investment to get out of its pending financial crisis. If IMF or world bank significantly downgrade their India projections then Wall street and London will park their money some where else. It would make the issues for India much worse.
 

Crusher

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............ If IMF or world bank significantly downgrade their India projections then Wall street and London will park their money some where else. It would make the issues for India much worse.
That is why the projections of these international economic parasites like IMF and World Bank should not be taken seriously, they are too politicized and their credibility is totally compromised.
 

Rollno21

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Lol if these guys instead of wasting their brains of conspiracy theories ,use to study they too could have been at the top of these organizations.
 

Bilal9

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Looks like you're mistaken...IMF is not some neighborhood madrassa and Gita Gopinath is not your local mullah to fudge facts and figures
While I get the fact about IMF not resembling a Madrassa (I could've just sworn they were so similar... :-)), one honestly cannot deny the fact that Modi, BJP govt. and Sanghis do gain advantages politically (against Congress and also TMC in WB) if economic numbers look good rather than bad.

Ipso facto - since we have established this, Christine Lagarde (chief of IMF) appointing Gita (such a young academic) as IMF's chief economist does smell a bit fishy. On top of this, Kaushik Basu became Chief Economist of the World Bank from 2012 to 2016. There are many other Indian examples.

That India (as one of the worlds' most populous economies) has some pull at these organizations (at leadership levels) is no secret, and these appointments are not simply due to merit, but are political appointments (Mr. Basu used to head up India's economic advisement office).

The fact remains that IMF and World Bank both anxiously value being on the good side of the Indian govt., whomever is in power in that country, due to close working relations and the criticality of attracting foreign investments. The fact that the Modi Govt. relishes controlling the IMF and World Bank because of these reasons is also no secret.

Lol if these guys instead of wasting their brains of conspiracy theories ,use to study they too could have been at the top of these organizations.
So only when India is going down the tubes (like right now) - is a conspiracy theory no Sanghi in India wants to believe.

Otherwise 'India shining' is always Brahma's honest vedic truth (Ved-Bakyam)....essential for winning the next election and for getting people to join the RSS.

Since you've been out of the Shakha a while now - here's a news flash.

Religion has no part in determining someone's talent.

IMF Indian 1.9 economic growth prediction is ludicrous, says former India's chief economic advisor.

Growth could be 3 or 4 negative!!




@BHarwana your thoughts?
These stories unmasked by 'The Print' and 'The Wire' are the most objective and most neutral in India.

Hated by every dyed-in-the-wool Sanghi.....some of these journalists have unfortunately received death threats from RSS Goondas....RSS and BJP are trying to muzzle and shut these people up at any cost.
 

JafarQureshi

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My thoughts are that IMF needs growth to happen or world economy will crash. Look at oil price today it is at $0 but it is just today and could be taken as a short term effect but if oil price stays under $6 for more than 2 weeks then world economy is really fucked. You will see huge job cuts in middle east and huge Flux of back ward migration. Currently most worried institution in the world is IMF and it would say anything to save it own skin. Any country showing growth is bullshit. There will be no growth only thing happening is economies of countries shrinking. In this crisis only Indian agricultural economy will survive rest of them will go to hell. Indian economy will shrink by more than 55%. If growing from negative - 45% is growth in eyes of IMF then I am speechless.

Today I had a short conversation with my friend who is a very much established business man and he said this to me.

My dear friend what can we business do. If sales will fall the job cuts will happen in proportion to that. Means economies will shrink.

The biggest challenge for India will be to restart from the lock down. That is not easy and might take India to war as well.

Pakistan is partial lock down and can be boosted back into action. India is full lock down and work force has gone from metropolitan cities to jungles recall is not possible.

I have not seen your video but this is what will happen. IMF cannot afford the word recession being said out loud. That is the issue with IMF. According to IMF Pakistani growth will remain at 2% which is also wrong. We will also suffer but India will be the biggest loser.

Oil trades at lowest price in history after slipping into negative pricing

https://thehill.com/policy/energy-environment/493688-oil-trades-below-8-a-barrel-hitting-30-year-low
 

Blacklight

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ali_raza

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they use females to get around
in every country they would use hi ey traps to get things done and coupled with there khidmati attitude and kissass faces m sure depressed americans do get along pretty well some times
until someone just shaft the indians the other way
there gobar is being served to western hemisphere day and night
they r and were always weaklings history is witness to there monkey games and how every 20/30 years some afghan or turk had to step in and beat the shit out of them
thanks to brits they r for once independent again now god save the world
but m happy people r slowly waking up to the indian drama
there cancer is spreading unchecked from last 30 years in every part of globe
 

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