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India to give $2bn to fund bailouts in Europe

I am opposed to this. Hundreds of millions of Indians are suffering from malnutrition, lack of access to safe drinking water, poor roads (due to corruption), poor public health services (again due to massive corruption), poor public education. We should not be bailing out the rich countries of Europe.
 
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I am opposed to this. Hundreds of millions of Indians are suffering from malnutrition, lack of access to safe drinking water, poor roads (due to corruption), poor public health services (again due to massive corruption), poor public education. We should not be bailing out the rich countries of Europe.

Indians are playing their part to avert a global economic crisis. 2 billion dollar is nothing but a token amount.

On the other hand if we can bring back the trillions of dollars of black money deposited in Swiss banks, the poverty in India will disappear overnight.
 
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$2 Billion is merely a token of goodwill gesture.
Besides , its a loan ,not aid

Sorry, yes, I mistook it as aid...:cheesy:

No matter how many you may loan to them or aid them. The problem is they buy goods from India, China, VN, etc. We keep earning USD. And they own us more and more. The only way to solve the crysis is to let them export more goods to us. Like high-tech equipment which we eargly need. but they won't, especially when US govnment crackdown Eropen countries and try hard to prevent them doing it. So where the hell can Eropen countries earn money? From USA? No USA is even worse now. Manufacturing insustry is not competitive at all in USA and Erop..How can they earn the money back to make proper balance of the world economy???? They only way is to let USD and Euro depreciate, trust it. They will do it, sepecially USA.
Do not rush to loan or aid them this money. Your country and our China will have huge lose soon because of the exchange rate of currency.
Obama successfully made the debt ceiling higher which means US is acting in the way like drinking sea water to stop thirsty!!
And for next step, we all know what they will do. Tring hard to reduce importing and boost export, protect demestic manufacturing industry. High importing teriffe....etc...
All countries except USA who can print USD will continuely suffer for very very long period of time.
 
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awesome news.

i would like to see faces of Europeans.
 
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I am opposed to this. Hundreds of millions of Indians are suffering from malnutrition, lack of access to safe drinking water, poor roads (due to corruption), poor public health services (again due to massive corruption), poor public education. We should not be bailing out the rich countries of Europe.

we do not live in a well mate . if Europe collapses then it will affect the whole world too.
you cant say stop building airports till all bus and train services are improved . everything goes hand in hand . there are no full stops that only when such and such is done will i go ahead .
 
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1,This quote would be apt even for china.
Right. Sure we will and it is exactly what we are doing. Thank you for your remind.
2, your std of living is still 1/10th of us
If you tell these words to other people, they may admire you even show some jealous...But I am doing foreign trade. I know a lot of your country. So,,I suspect of that 1/10. And I want laugh somehow. Sorry,,let me hold it...I am laughing now... and are you sure you are a Indian???? Not a same name so-called India on Mars????
3, so please shut you orifices
Oh.. Your words are rude. Very rude. Keep an eye on the words that you say. Do not let people on earth have bad impression on India.
 
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1,This quote would be apt even for china.
Right. Sure we will and it is exactly what we are doing. Thank you for your remind.
2, your std of living is still 1/10th of us
If you tell these words to other people, they may admire you even show some jealous...But I am doing foreign trade. I know a lot of your country. So,,I suspect of that 1/10. And I want laugh somehow. Sorry,,let me hold it...I am laughing now... and are you sure you are a Indian???? Not a same name so-called India on Mars????
3, so please shut you orifices
Oh.. Your words are rude. Very rude. Keep an eye on the words that you say. Do not let people on earth have bad impression on India.
 
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1,This quote would be apt even for china.
Right. Sure we will and it is exactly what we are doing. Thank you for your remind.
2, your std of living is still 1/10th of us
If you tell these words to other people, they may admire you even show some jealous...But I am doing foreign trade. I know a lot of your country. So,,I suspect of that 1/10. And I want laugh somehow. Sorry,,let me hold it...I am laughing now... and are you sure you are a Indian???? Not a same name so-called India on Mars????
3, so please shut you orifices
Oh.. Your words are rude. Very rude. Keep an eye on the words that you say. Do not let people on earth have bad impression on India.

As per the forum rules you can report posts , which you consider to be rude or personal attacks , i"ve just reported one such
 
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Whatever this amount is peanut or nothing to compare their economy but at-least we are doing something and still people are criticizing it.
 
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this is a global crisis.if we don't help them now,it will back fire towards us la

Is $ 2 billion going to save their necks? No. Do you know how many times more money France and Germany have poured into this crisis? At least 50 times more money than this. And still EU is not recovering. It CANNOT recover. It is in total disarray as their markets and economies have come to stagnation. Had we rather bought weapons from them worth $2 billion extra, or maybe invested this in one of our African friendly countries' mines, we would have reaped rich dividends in the following years.

It is pathetic that our country has been reduced to the status of a backup for European disasters by the dogs who were once licking European shoes.... I am shocked how you find it that it would backfire on us.

Oh and it is NOT global crisis... it is European crisis.
 
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Is $ 2 billion going to save their necks? No. Do you know how many times more money France and Germany have poured into this crisis? At least 50 times more money than this. And still EU is not recovering. It CANNOT recover. It is in total disarray as their markets and economies have come to stagnation. Had we rather bought weapons from them worth $2 billion extra, or maybe invested this in one of our African friendly countries' mines, we would have reaped rich dividends in the following years.

It is pathetic that our country has been reduced to the status of a backup for European disasters by the dogs who were once licking European shoes.... I am shocked how you find it that it would backfire on us.

Oh and it is NOT global crisis... it is European crisis.

been following your post a lot mate and i agree with quiet a few. but you must learn not to resort to calling people dogs or using profanity in your posts . use sensible arguments . using bad language just makes people feel you are ranting .
 
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Is $ 2 billion going to save their necks? No. Do you know how many times more money France and Germany have poured into this crisis? At least 50 times more money than this. And still EU is not recovering. It CANNOT recover. It is in total disarray as their markets and economies have come to stagnation. Had we rather bought weapons from them worth $2 billion extra, or maybe invested this in one of our African friendly countries' mines, we would have reaped rich dividends in the following years.

It is pathetic that our country has been reduced to the status of a backup for European disasters by the dogs who were once licking European shoes.... I am shocked how you find it that it would backfire on us.

Oh and it is NOT global crisis... it is European crisis.

when some sort of a crisis arises,its the responsibility of world powers to help it.
india has actually boosted its global power image here. we have invested really heavy in african nations.
india even intiated the host of a conference of least-developed nations and has played their guardian's role in united nation by rising their issue.

look,when a problem arised,"india" was there to help. its a boost to our efforts to become a global power.
 
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