tag:blogger.com,1999:blog-33693245.post508718735118025504..comments2024-03-04T23:40:58.133+05:30Comments on The Big Picture: Eurozone impact on IndiaThe Big Picturehttp://www.blogger.com/profile/06018983225756352176noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-33693245.post-19633814687588357952012-06-01T16:46:23.134+05:302012-06-01T16:46:23.134+05:30"Why do illiterates like you feel compelled t..."Why do illiterates like you feel compelled to comment on economics is beyond me" <br /><br />ok, I'm illiterate, certainly know nothing about economics, but would you care to also explain what was wrong with my point? Or, is it so obviously wrong, that there is no point in commenting on it?<br /><br />Well, then how about commenting on the more palatable point made in the comment after mine - that post makes the point about developed vs developing economy growth, and in other words makes the same point about low base effect. Do you disagree with him/her? Why?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-33693245.post-31015631252174743042012-06-01T13:46:40.296+05:302012-06-01T13:46:40.296+05:30"Why do smart people like you keep making thi..."Why do smart people like you keep making this mistake"<br /><br />Why do illiterates like you feel compelled to comment on economics is beyond meAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-33693245.post-68304666155124458292012-06-01T12:45:58.417+05:302012-06-01T12:45:58.417+05:30I am also worried about the fact that Indian Econo...I am also worried about the fact that Indian Economy cannot afford to contract. Even if Greece, UK or US economies contract it does not matter much because they have all facilities (i mean infrastructure, public health, education etc..) built for their nation. They probably have to halt for few years but then they will be fine after that. A contraction in Indian economy is disastrous as we have no facilities. No agriculture, No manufacturing and we solely rely on service industry. This is very unhealthy for an economy as we have huge population (UK can afford to be service oriented country as its entire population is less than Tamil Nadu's population). Infrastructure, public health, education etc. are deteriorating and secondly they are coming at a big prize (more taxes on middle class). How long do tax payers pay to Air India and Indian Airlines when their tickets are no less than other airlines. Hence it is for these reasons that I am pleading that we need immediate STRUCTURAL REFORMS to ease this situation. I dont mind if allow FDI into all fields. It's far better than being ruled by these ridiculous, corrupt, ignorant, irresponsible and unscrupulous politicians.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-33693245.post-32219748770045560692012-06-01T08:59:24.874+05:302012-06-01T08:59:24.874+05:30"Since we managed growth of 7% then, we can b..."Since we managed growth of 7% then, we can be optimistic about touching 7% this year as well. You think that's bad? Think again. If we touch 7%, we will be the second fastest growing economy in 2012 in the world after China. "<br /><br />You should know something called the low base effect. Comparing emerging country growth with developed country growth is comparing apples to oranges. Why do smart people like you keep making this mistake?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-33693245.post-16553585534280917962012-06-01T04:38:36.207+05:302012-06-01T04:38:36.207+05:30Something tells me you will have to swallow your w...Something tells me you will have to swallow your words! By 2013 we will be on the threshold of a recession, the rupee will be flirting with 60 (there has to be ultimately a differential inflation adjusted parity) to the dollar etc.....Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-33693245.post-55352055469497580152012-05-31T22:43:45.988+05:302012-05-31T22:43:45.988+05:30Are you going to revise your forecast after today&...Are you going to revise your forecast after today's GDP report?srininoreply@blogger.comtag:blogger.com,1999:blog-33693245.post-32410186630360269032012-05-29T09:50:13.382+05:302012-05-29T09:50:13.382+05:30The current situation may not be a corollary of no...The current situation may not be a corollary of nonchalant called 'Policy Paralysis'. And the Technical Analysis evinced may be apt. <br /><br />But that does not elude Government of its dithering attitude and lack of pace in the velocity. When you're second in terms of GDP, you can not live with the way reforms are initiated.<br /><br />It won't be right to compare this with 1991 - Agree. But it won't be right even to compare it with what economists & government were rhetoric in 2008, when world confronted crises. It's not very bad, but its not good as well. <br /><br />The conundrum is - can this become worse? If yes, what ought to be done to preclude the snowballing impact? Is the government on to those things?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-33693245.post-35536096049860810392012-05-26T18:28:28.866+05:302012-05-26T18:28:28.866+05:30Solid Points! Read your column as well - and am in...Solid Points! Read your column as well - and am in totsl agreement. Yes, the situation is drastic - but nowhere near the 1991 situation. And right again on Petroleum prices!Reflections Of Vishal V Kalehttps://www.blogger.com/profile/12991791777494699794noreply@blogger.com