India's crazy deficit, when it will explode?

[A.Rafay]

Pakistan is having $21 billion trade deficit! is it exploding?? NO!

 

[KRAIT]

Pakistan is having $21 billion trade deficit! is it exploding?? NO!

Nope. But there are other major area of concerns in case of Pakistan. I hope post 2014 things improve.

 

[IndoCarib]

Pakistan is having $21 billion trade deficit! is it exploding?? NO!

No. The OP's gut may explode as he is 'rolled deep' in ****

 

[acid rain]

No. The OP's gut may explode as he is 'rolled deep' in ****

With such stalwarts at the helm like Manmohan Singh and Chidambaram who are world renowned for their economic and financial acumen it's stupid to think that India's own high caliber economists are unaware of the challenges and pitfalls if any that India faces and will face in the future.

 

[IND151]

We need more reforms and most importantly right implementation of reforms.

https://www.google.co.in/url?sa=t&r...X1AfFfr9ULOaecamm2GQl7g&bvm=bv.42452523,d.bmk

 

[darkhero]

For years, people are talking manufacture moving to India. Yet still such a huge deficit, incredible.

BTW, in some recent posts, I have seen things like: India the software and pharma superpower, stop importing Chinese power generation equipment etc. I guess you need to check facts, and think why.

 

[HongWu]

Indian economy is on a death spiral. Inflation is skyrocketing and poor are getting poorer. People are venting their anger in the streets. This year, India's crisis will become impossible to cover up anymore.

 

[illusion8]

A FOOL IS REVEALED BY HIS SPEECH

I think you have exhausted the last few gasps of your debating skills and are resorting to name calling, I don't want to overextend your limited intellectual capabilities any further, so..

 

[cloud_9]

The problem with India is that it has developed its services economy much faster than its manufacturing economy. The result is that the growing afluence of the Indians increase the demands for goods and services. That when India doesn't have the capability to manufacture a lot of these goods domestically has led to the increase of imports. With a services economy you buy what the world produce with a manufacturing economy the world buys what you produce. This is where India is at right now.

Add the Fuel Bill,Gold Imports and Subsidies on everything from fuel to food products.

 

[Backbencher]

The problem with India is that it has developed its services economy much faster than its manufacturing economy. The result is that the growing afluence of the Indians increase the demands for goods and services. That when India doesn't have the capability to manufacture a lot of these goods domestically has led to the increase of imports. With a services economy you buy what the world produce with a manufacturing economy the world buys what you produce. This is where India is at right now.

The best and the shortest way of explaining the current state of Indian economy

 

[RIMPAC]

Indian economy is a debt based Ponzi scheme. It runs massive budget deficits, trade deficits, doesn't manufacture jack and inflation always very high. Indian economy will have either a major financial crisis or hyperinflation. One way or another, this debt and inflation nonsense will come to an end. India is not above the laws of economics. The vast majority of the Indian economy is a farce built up on debt and services. Their regulations are so high and complex it's ridiculous. The Indian bureaucracy is staggering. The Indians are very anti-business, that whole country is run by emotions and jingoistic propaganda to hate everyone.
It will develop at a respectable pace but its caste system along with the bureaucracy will stagnate its growth over the long term.

 

[IndoCarib]

Indian economy is a debt based Ponzi scheme. It runs massive budget deficits, trade deficits, doesn't manufacture jack and inflation always very high. Indian economy will have either a major financial crisis or hyperinflation. One way or another, this debt and inflation nonsense will come to an end. India is not above the laws of economics. The vast majority of the Indian economy is a farce built up on debt and services. Their regulations are so high and complex it's ridiculous. The Indian bureaucracy is staggering. The Indians are very anti-business, that whole country is run by emotions and jingoistic propaganda to hate everyone.
It will develop at a respectable pace but its caste system along with the bureaucracy will stagnate its growth over the long term.

Your post is one truck load crap.

read up here

http://www.defence.pk/forums/central-south-asia/234842-india-s-top-10-exported-commodities.html

 

[Azazel]

Indian economy is on a death spiral. Inflation is skyrocketing and poor are getting poorer. People are venting their anger in the streets. This year, India's crisis will become impossible to cover up anymore.

Business Line : Industry & Economy / Economy : WPI inflation declines to 6.62% in Jan

Another post full of Brain fart.Skyrocketing InflationToday India's inflation figure hit 3 years low.

 

[zaxcolix]

Its funny to see the chinese desperation in all their posts here. Now they are desperately waiting for India to explode

Maybe after their 'Ministry of Warning' they have now come up with a new 'Ministry of Desperate propaganda' ......oh wait. ...they always had that.

Indian economy is a debt based Ponzi scheme. It runs massive budget deficits, trade deficits, doesn't manufacture jack and inflation always very high. Indian economy will have either a major financial crisis or hyperinflation. One way or another, this debt and inflation nonsense will come to an end. India is not above the laws of economics. The vast majority of the Indian economy is a farce built up on debt and services. Their regulations are so high and complex it's ridiculous. The Indian bureaucracy is staggering. The Indians are very anti-business, that whole country is run by emotions and jingoistic propaganda to hate everyone.
It will develop at a respectable pace but its caste system along with the bureaucracy will stagnate its growth over the long term.

............................I love to see the frustration and desperation in the chinese posts .....its almost like a pakistani post ... only more dumb.

 

[zaxcolix]

The problem with India is that it has developed its services economy much faster than its manufacturing economy. The result is that the growing afluence of the Indians increase the demands for goods and services. That when India doesn't have the capability to manufacture a lot of these goods domestically has led to the increase of imports. With a services economy you buy what the world produce with a manufacturing economy the world buys what you produce. This is where India is at right now.

What an foolish assessment.....Indian manufacturers finds it cheaper to import goods made from china due to cheaper electricity, chinese slave labour, size of production, and cheap loans.

Once the price competitiveness of chinese goods wears off .....Indian goods will again flood the Indian market.

...but looks like lot of Indian fools have thank you for that post ...no wonder they keep getting fed such cr@p from BBC, or chinese propaganda soldiers.