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India's trade deficit widens to $28.68 bn in Aug, import rises 37%

the housing market is collapsing which accounts 30% of your GDP
How come I m in Beijing and don't feel it? We all felt strongly about housing market collapsing in 2008-2009, now it's like nothing comparing to that time. and even in 2018-2019, China still managed to quickly got out of the crisis and embarked another round of high growth mode.
 
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How come I m in Beijing and don't feel it, We all felt strongly about housing market collapsing in 2018-2019, now it's like nothing comparing to that time. and even in 2018-2019, China still managed to quickly got out of the crisis and embarked another round of high growth mode.

You don't feel it because you are a wumao

 
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You don't feel it because you are a wumao

Then you are 5 rupees, lol, we live in China, who are you?

China's strength is on manufacturing and trade, I kind of wish house price can drop big time so everyone can afford it, but it doesn't happen.

Housing price in Beijing this year
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Then you are 5 rupees, lol, we live in China, who are you?

China's strength is on manufacturing and trade, I kind of wish house price can drop big time so everyone can afford it, but it doesn't happen.

It's better to take a prostitute's word on the number of men she's slept with than take a wumao's word on "we live in China"
 
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Any source/link to validate your claim?

I am no economist but it is common lay knowledge that when an economy tanks like India's did in mid 2020, it will naturally grow quite fast (9~10%) after the fact to get back to normal. When it does - expect a massive slowdown. That would be about 1Q or 2Q 2024....

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FPI? Foreign portfolio investors?

Fool. This is the Americans reaping India's wealth. You even think this is a good thing.

Every time the US govt raises interest rates, the US dollar will flow back to the USA, which will lead to a substantial appreciation of the US dollar. Then the USA will use the high dollar to enter the investment markets of other countries and reap their wealth. Finally, the US dollar cut its interest rate again, and the US dollar depreciated.

Absurdly, I saw a group of Indian wheat cheering for the arrival of the American sickle.
 
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Proof of pudding is in the eating wumao, plastic rice ≠ organic rice.

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When housing price drops, let me know ASAP

2022 Beijing housing price
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I am no economist but it is common lay knowledge that when an economy tanks like India's did in mid 2020, it will naturally grow quite fast (9~10%) after the fact to get back to normal. When it does - expect a massive slowdown. That would be about 1Q or 2Q 2024....

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That was 2020 bilol, it’s 2022 right now, better focus on IMF bailout than to comment on India’s fastest growing major economy :lol:.
 
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That was 2020 bilol, it’s 2022 right now, better focus on IMF bailout than to comment on India’s fastest growing major economy :lol:.
India is surrounded by such rich 1st world countries that use gucci electricity sources like LNG and furnace oil and diesel .. Poor sanghis can only dream of such luxury :bounce:
 
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And, they need to also purchase tons of Western defense equipment to offset the relationship with Putin....
 
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