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With only $200 billion government revenue, India should affort $200 billion fiscal deficit and $200 billion trade deficit.
How crazy India government are? It seems like a person earns $200B a year but expend $600B. even far more crazy than Greece. Overdraft for false prosperity would not last on.
So who can tell me when it will explode? It will hurt others too.
India's trade deficit widens to $20 bn in January
domain-b.com : India's trade deficit may hit $200 billion in FY'13
How crazy India government are? It seems like a person earns $200B a year but expend $600B. even far more crazy than Greece. Overdraft for false prosperity would not last on.
So who can tell me when it will explode? It will hurt others too.
India's trade deficit widens to $20 bn in January
domain-b.com : India's trade deficit may hit $200 billion in FY'13