India is most over-regulated country in the world

[President Camacho]

Don't believe these idiots, regulation is the way to go, otherwise the Wall Street sharks will bleed you dry. Have to use "smart regulation" though.

Normally I avoid replying to your posts because I have noticed you as one of the champion trolls in this forum. But this post of yours calls for a consideration, so here's what I recommend you to consider:

GDP of China: 6 trillion USD.

Forex Reserve of China: 2.5 T USD. (1.9 USD from the US itself)

Now, when the already declining US economy goes down... who do you think it will take along?

China's market thrives on western economies, the saturated ones. Not developing ones like India/Brazil/Russia.

The news piece is very right in saying India is most regulated, and that is because the westerners want to aggresively invade India the same way they did in the 1700s. But it is too difficult now. With China... just try to think, why the ratio of bailout package against GDP was highest w.r.t. China in the recent global economic meltdown?

 

[Chinese-Dragon]

^^^ The Indian "think tank" IDR also predicted that China would collapse during the 2008 Credit crunch.

For similar reasons, i.e. overdependence on Western markets.

What happened?

 

[President Camacho]

^^^ The Indian "think tank" IDR also predicted that China would collapse during the 2008 Credit crunch.

For similar reasons, i.e. overdependence on Western markets.

What happened?

What happened???


Tell me honestly, had you ever heard of 'bailout packages' before this incident?

I'll tell you what happened. Your(China's) vulnerability in the recent economic meltdown has undermined the efforts of every single developing nation in the world. Why do you think China has lost its cards on WTO now? What kind of dream are you living in now???

How can you fail to realize the counter-effects of your (China's) dependence on western markets?

It is about time you start dealing with developing/poor countries and improve our domestic markets.

 

[Chinese-Dragon]

What happened???


Tell me honestly, had you ever heard of 'bailout packages' before this incident?

I'll tell you what happened. Your(China's) vulnerability in the recent economic meltdown has undermined the efforts of every single developing nation in the world. Why do you think China has lost its cards on WTO now? What kind of dream are you living in now???

How can you fail to realize the counter-effects of your (China's) dependence on western markets?

It is about time you start dealing with developing/poor countries and improve our domestic markets.

You didn't answer my question, that is just a load of waffle.

The 2008 Credit crunch was one of the worst financial meltdowns in history. The Western world came crashing down.

So, why didn't China collapse? Like the Indian "think tank" IDR predicted?

If we were so overdependent on the West, why didn't we go down with them?

 

[blackops]

You didn't answer my question, that is just a load of waffle.

The 2008 Credit crunch was one of the worst financial meltdowns in history. The Western world came crashing down.

So, why didn't China collapse? Like the Indian "think tank" IDR predicted?

If we were so overdependent on the West, why didn't we go down with them?

WELL one of the most important reason behind was the development consumption expenditure done by you government which lead to more liquidity in the market hence incresing the public expenditure due to this the domestic market didnt melt down

 

[President Camacho]

You didn't answer my question, that is just a load of waffle.

The 2008 Credit crunch was one of the worst financial meltdowns in history. The Western world came crashing down.

So, why didn't China collapse? Like the Indian "think tank" IDR predicted?

If we were so overdependent on the West, why didn't we go down with them?

Who cares about some unknown think tank from India?

May be you take too seriously that IDR thing that I do not even know of.

Your question: Why did you not go down with the west - My answer: Because you are one fast developing economy!

Developing economies never post negative growth rate. What do you really want to know here? Are you supposing that such dependence on western economies or the US will force the economy of China to go down to the growth rate of the US itself? For that you have to be developed first. Please do not seek me to learn economics here.

You want to buy pancakes, go get it at the store. I do not deal in waffles.

 

[Chinese-Dragon]

WELL one of the most important reason behind was the development consumption expenditure done by you government which lead to more liquidity in the market hence incresing the public expenditure due to this the domestic market didnt melt down

The Western world also used "bailout" packages, why didn't it save them?

Do you think the CPC knows some "secret trick", so that the Chinese bailout package worked, while the Western bailout packages didn't work?

I doubt it.

 

[Chinese-Dragon]

It is about time you start dealing with developing/poor countries and improve our domestic markets.

Haven't you seen our initiatives in Africa, South America, SE Asia, Central Asia, etc?

We are quickly becoming the largest trading partner for many of these developing nations.

 

[President Camacho]

The Western world also used "bailout" packages, why didn't it save them?

Do you think the CPC knows some "secret trick", so that the Chinese bailout package worked, while the Western bailout packages didn't work?

I doubt it.

Then allow this feeble mind to educate you...

The western economies are saturated. China's economy is not. Also, the bailout package has helped afloat American economy, so everything you said stays in contrast with reality.

 

[Chinese-Dragon]

According to the World Bank, exports make up only 27% of China's GDP.

Compared to 96% for Malaysia, 89% for Ireland, 170% for Luxembourg?

And how much of that goes to the West?

Where is this "overdependence" Patanjali, and why have we not suffered from it?

 

[blackops]

The Western world also used "bailout" packages, why didn't it save them?

Do you think the CPC knows some "secret trick", so that the Chinese bailout package worked, while the Western bailout packages didn't work?

I doubt it.

bail out packages are different my friend they wont lead to the situation of money multiplier while as the government consumption will lead
for example a government invest 1000 units of currency x on a development of roads this money will multiply in itself because it will creat a chain of requirements for the const of road there was plents of government expenditure in both china and india at that time which saved the domestic market and did not let to its melt down

 

[blackops]

Then allow this feeble mind to educate you...

The western economies are saturated. China's economy is not. Also, the bailout package has helped afloat American economy, so everything you said stays in contrast with reality.

no they are not saturated the reason they were not able to cope up with the recession was because of its govt did not spend its money on development expenditure the reason almost every thing is developed out there due to this gross domestic product did not raise

 

[Tiki Tam Tam]

Indeed India must be the most regulated country.

Good for it. That is why India can yodel the Last Hurrah!

It has prevented the incorrect influences of the western way of business practices that caused their downfall economically.

Thank Heavens for that because India rode the global recession that felled many a country and was hardly affected.

It is better to be safe than sorry.

Greed heralds a nasty fall!

 

[Bhim]

Helloooooo, this is the world affairs section, and look all threads are about India with little bit of nasty Israel and the brotherly brother Turkey.

Hafizz, SOCOM, Omer.....

 

[Vinod2070]

Regulation by itself may not be all that bad.

In India it is a bad word because the implementation is so lethargic and corruption prone.

It probably served us to an extent as we were insulated from the global crisis but it should be reduced to the bare minimum. There should be no place for corruption and arbitrary decision making.