India is at a completely different point in the economic cycle compared to all the global economies.
They are all massive economies with massive debt and their is no way out but great pain.
India has so much slack to pick up its debt whatever it is at this point means nothing....
its GDP is going to be huge... Buy the INR, westerners laugh at me when I saw this,
if India plays its cards right it will be the future "Mighty Mark" whilst all the other currencies
are worth less than toilet paper.
Which other country has a positive interest rate and is still growing...https://tradingeconomics.com/india/interest-rate
I here stupid westerners, Max Keiser comes to mind and other RT talking heads saying
Indian economy is failed.. What morons.
Gundlach is on cnbc saying powell will never got to negative interest rates because he understands
it would be a disaster for the world economy... I bet he does, there is no way out.
Pain no matter what they do.........
I could have told them decades ago that they would be "turning japanese"https://www.youtube.com/watch?v=IWWwM2wwMww
in 2008? just minutes after us rates were slashed to nothing talking heads on cnbc
were saying RATES WILL BE UP IN 6 MONTHS..........................
12 years later we have fake american capitalists, dare I say communists
as long as Indians do what they do best education and work hard avoinding easy way out
of easy money..........
Indian economy and INR will be king of the world