Chinese-Dragon
RETIRED TTA
- Joined
- Jul 9, 2010
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- 33,932
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you'll never understand Indian politics.its people who runs India,not some "Chairman" of some "party"..and Mamata didn't stopped economic reforms...if other netas wanted that reform,it would pass anyway...fix your IQ or shut up your mouth...because you're making fool of yourself..
Hahahaha... yet it is India who has a debt-to-GDP ratio higher than Spain (according to the IMF), as well as a big trade deficit and a big government fiscal deficit. Which led to India being downgraded by S&P.
You have a worse debt-to-GDP ratio than even the worst European economies. The difference is that Spain is already developed, while India acutually has more poverty than sub-Saharan Africa.
List of countries by public debt - Wikipedia, the free encyclopedia
According to the IMF:
China's debt-to-GDP ratio = 26%
Spain's debt-to-GDP ratio = 68%
India's debt-to-GDP ratio = 70%