Friday, June 1, 2012

Save the Gasping Elephant !! It's our mother after all ...

GDP at 5.3%: India now a gasping elephant, says HSBC today. Found this in ET today. I am not an authority on this but my common sense about macro numbers go like this : Here we walk into the vicious circle of "greedy or dumb power centers => policy paralysis => inaction => corruption in supply side => inflation=>bank rate hike=> low liquidity=>less demand => slow down => loop closes at bank rate" only thing you can control to come out of this circle seems is to remove the torching leg from greedy ...... to inflation ... apply some growth stimulus by pushing in the blocked infra projects ... and you have a recovery on the plate ... seems simple ... but it's certainly not that simple ... but is it actually even that tough ?? Pranab da is blaming it on Euro crisis ?? And NDA is calling a bandh ... again causing additional policy blockages and billions of money lost due to inactivity ?? No worries ... there are too many professionals to take care of this ... will wait ... dekhenge .... agli kisht mein ... humlog :-) Chalaa Taani !!

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