Roll in deep
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Whether you can surpass China has nothing to do with me, but I truly suggest you catch up with other Asia countries such as Indonesia \ turkey \ Philippines first.
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lets see.. a decade ago china also had more poor than africa and such, china also has high inflation, india does not have high unemployment.No Chance
India debt ratio is more worse than Spain
High debt
High unemployment
High inflation
High fiscal deficit
Huge trade deficit
Rupee drops to historically Low
More poor people than 26 poorest africa countires combined!
My Question: Will India Collapse?
we are different from them. we cant compare small countries with a country like india.Whether you can surpass China has nothing to do with me, but I truly suggest you catch up with other Asia countries such as Indonesia and Philippines first.
lets see.. a decade ago china also had more poor than africa and such, china also has high inflation, india does not have high unemployment.
our external debt i manageable , in fact our reserves is slightly more than our extrenal debt. so if we sort out fiscal deficit we should do well is what i think . i think next election will cause this to happen. and thats why im saying between 2014 and 2020 at least once or twice with some luck
lets see.. a decade ago china also had more poor than africa and such, china also has high inflation, india does not have high unemployment.
our external debt i manageable , in fact our reserves is slightly more than our extrenal debt. so if we sort out fiscal deficit we should do well is what i think . i think next election will cause this to happen. and thats why im saying between 2014 and 2020 at least once or twice with some luck
we are different from them. we cant compare small countries with a country like india.
No Chance
your India debt ratio is more worse than Spain
High debt
High unemployment
High inflation
High fiscal deficit
Huge trade deficit
Rupee drops to historically Low
My Question: Will India Collapse?
This “China”must be in Mars。lets see.. a decade ago china also had more poor than africa and such, china also has high inflation, india does not have high unemployment.
our external debt i manageable , in fact our reserves is slightly more than our extrenal debt. so if we sort out fiscal deficit we should do well is what i think . i think next election will cause this to happen. and thats why im saying between 2014 and 2020 at least once or twice with some luck
we are different from them. we cant compare small countries with a country like india.
SEE ALSO: Who are the BRICS?
This weeks Economist magazine says that hype may have been the problem all along. India seems to have believed its own hype that it was destined for fast growth when, in fact, there was still a great deal of hard work to be done to loosen up governmental controls on the economy so that it could actually grow.
No Chance India debt ratio is more worse than Spain High debt High unemployment High inflation High fiscal deficit Huge trade deficit Rupee drops to historically Low More poor people than 26 poorest africa countires combined! My Question: Will India Collapse?
This is 100% correct.
India was hyping itself up, and believing every word of it.
India was living on its own hype.
lets see.. a decade ago china also had more poor than africa and such, china also has high inflation, india does not have high unemployment.
our external debt i manageable , in fact our reserves is slightly more than our extrenal debt. so if we sort out fiscal deficit we should do well is what i think . i think next election will cause this to happen. and thats why im saying between 2014 and 2020 at least once or twice with some luck
we are different from them. we cant compare small countries with a country like india.
I have saw India Q1 growth can't rank in top ten growth in all Asia countries somewhere.
there is nothing wrong being optimistic. but it seems you are writing the above while practising mid air levitation.
China's cpi and unemployment rates are just 1/2 or less of that of india's.
if you fx reserves is about the same as your debts, where do your get your operating fund and if there is any further credit downgrade, it will be another nail in the coffin!
Indonesia is a small country?
Turkey is a small country?
Philippines is a small country?