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Few years ago Indians are barking that China bubble would burst and Chinese Economy would collapse.It looks like the bubble indeed burst but it was Indian Bubble not Chinese.
Few years ago Indians are barking that China bubble would burst and Chinese Economy would collapse.It looks like the bubble indeed burst but it was Indian Bubble not Chinese.
i am more worried about chinese economy.
When Indians dance over every single negative issue regarding China's economy, we are not allowed to do the same?
Few years ago Indians were barking that China bubble would burst and Chinese Economy would collapse.It looks like the bubble indeed burst but it is Indian Bubble not Chinese.
i am more worried about chinese economy.
no matter how bad indian economy does not a single economist will paint a bad picture for india keeping in the mind the strong fundamentals of the country.
on the other had almost 90% of world economists today are predicting chinese economic burst. china has lost almost 200 bill from its foreign reserves since last year.. go worry about that.
Götterdämmerung;3007958 said:I'm interested to know what Indian economic fundamentals are better than Chinese ones.
no matter how bad indian economy does not a single economist will paint a bad picture for india keeping in the mind the strong fundamentals of the country.
look at you...you dont even have economy.....did I burst your bubble
Ironically for him, S&P actually downgraded India due to poor economic fundamentals.
Another boast is busted.
S&P's downgrade was mainly because of policy paralysis.
Not to mention a massive fiscal deficit, a high debt-to-GDP ratio, and a huge trade deficit?
The GDP growth figure was simply the latest in a string of bad economic news, which now includes a current account deficit of around 4 per cent of GDP, a fiscal deficit of around 5.8 per cent, a trade deficit of 9.9 per cent; and inflation at 7.23 per cent.
India GDP growth lowest since 2003 | beyondbrics - Financial Times
With inflation so high, if India tries to boost growth by lowering interest rates again, it will lead to inflation spiking even higher.