Look How Rich India's Become Under New Prime Minister Modi

[Bang Galore]

Luck also favored Modi. The oil prices are at the lowest saving India lot of foreign exchange.

True but what you do with that bonanza is entirely up to you. The government has played it smart by holding back some of that bonanza & helping shore up its finances.

 

[Established_1965]

Not even close!

View attachment 212185

I guess, you don't know how to see a graph.

X Axis denotes GDP % and Y-axis says Years

 

[Jayanta]

Oil prices are equally low for all countries not just India. You have to give this govt its due, they have made a start, needs to keep going. The steps will add up in a few years and we should see real change . No doubt there will still be poverty, problems etc. after all there are homeless in the richest country in the world but we should see improvement in the nation. no magic wand will turn a country with years of bad policy into Norway . overnight.

Norway is heading for some really bad times...matter of few more years.

 

[thesolar65]

I guess, you don't know how to see a graph.

X Axis denotes GDP % and Y-axis says Years

I tagged you in "Whatever" thread, Pls answer.

 

[Sky lord]

Norway is heading for some really bad times...matter of few more years.

I thought they played smart and invested a lot of their oil bonanza for a rainy day, no ?

 

[ashok321]

I guess, you don't know how to see a graph.

X Axis denotes GDP % and Y-axis says Years

May be a case for knowledge defunct people like you who claim to be from Singapore, yet not knowing Singapore's nominal GDP.

Singapore's GDP is around 300 billion.

So even at 100% it never borrowed trillion dollars anytime.

 

[Established_1965]

I tagged you in "Whatever" thread, Pls answer.

Sorry but I didn't understand. What you mean by "Whatever" thread?

 

[ashok321]

I thought they played smart and invested a lot of their oil bonanza for a rainy day, no ?

Correct.
They have a hefty sovereign fund.

 

[Established_1965]

May be a case for knowledge defunct people like you who claim to be from Singapore, yet not knowing Singapore's nominal GDP.

Singapore's GDP is around 300 billion.

So even at 100% it never borrowed trillion dollars anytime.

Son! We are talking about "Gross External debt".

 

[thesolar65]

Sorry but I didn't understand. What you mean by "Whatever" thread?

There is a thread named "Whatever" in Members section. Anyway, I was just asking what would be the cost of a Singapore lunch (vegetarian) as I told you earlier that I am going in June with family. I am planning, so...can you please tell me? Lunch is not included in my itenary.

 

[Established_1965]

There is a thread named "Whatever" in Members section. Anyway, I was just asking what would be the cost of a Singapore lunch (vegetarian) as I told you earlier that I am going in June with family. I am planning, so...can you please tell me? Lunch is not included in my itenary.

What type of food are we talking about here?

 

[thesolar65]

What type of food are we talking about here?

Anything vegetarian (Rice/bread and some two/three curry).

 

[Cyberian]

... What do you want to convey by showing external debt??? Almost every developed country has debt...it is whether you can repay them or not. India unlike Pakistan doesn't have to beg to IMF for loans to repay external debts.

List of countries by external debt - Wikipedia, the free encyclopedia

India is not a developed country, it has more poor people than all of Africa put together.

 

[ashok321]

Son! We are talking about "Gross External debt".

And that is compared to its GDP. When a country puts up its loan application in the IMF/WB. The first thing the bank sees is percentage of its debt vis-a-vis its GDP.

Now let me quote your own (such) words.

You need to compare with GDP %

Now you are really trapped with no escape route.
And you are no Abhimanyu..Lol

 

[Established_1965]

Anything vegetarian (Rice/bread and some two/three curry).

You can expect anywhere between 10$-20$ SGD( per person) in food hawker enters in SG. Where is ur hotel in SG, let me suggest u a good hawker centre near ur place