Indian Economics thread.

[gelgoog]

I heard the Iranian stock exchange also rose a lot. Doesn't mean it's a nice place to live in.

 

[Tam]

Historic general strike in India with over 250 million participating. Yet the general media hardly covers it.

 

[NiuBiDaRen]

Historic general strike in India with over 250 million participating. Yet the general media hardly covers it.

Basically no coverage in Western media. They need India as a psychological ally, to prove the glories of democratic India, so evidence proving the contrary needs to be censored

 

[localizer]

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[Skywatcher]

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Huh?

Assuming that India increases its 2030 real GDP to $6-7 trillion at 2020 USD exchange rates, then that would require the appreciation of the rupee by at least 50%. That would crash any chances of Indian exports, absent a total collapse of the USD by 2030.

 

[localizer]

Huh?

Assuming that India increases its 2030 real GDP to $6-7 trillion at 2020 USD exchange rates, then that would require the appreciation of the rupee by at least 50%. That would crash any chances of Indian exports, absent a total collapse of the USD by 2030.

most countries would just print to counter USD printing as well

 

[siegecrossbow]

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Quadrupling the economy in four years is not very realistic unless they are talking about Monopoly dollars.

 

[siegecrossbow]

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[Mt1701d]

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That’s a manufacturing superpower for you!

 

[Gatekeeper]

Quadrupling the economy in four years is not very realistic unless they are talking about Monopoly dollars.

Did he say four years? I thought he was talking about by end of decade. 10 years basically.

BUT. Even this is unrealistic. It'll mean India will have to grow roughly 15% real growth per year to achieve the quadrupling wet dream. At no time, did India, or even China at it's height of growth period achieved anything near that.

This guy is a fraud, but the Indians will lap it out nonetheless.