Discover and read the best of Twitter Threads about #USChinaTradeSpat

Most recents (1)

Anybody interested in #India's #Economy should take 30 minutes time out and listen to this interview. There is both sound, credible analysis of the problem AND an entirely logical policy prescription. #AltSarkar @PIB_Altsarkar @fek_le @Vidyut
thewire.in/video/watch-ce…
A quick summary:
1. Our present problems can be traced back directly to the stupid, stupid move on Nov 8 2016 when 86% of the means of settlement of dues was taken out. Damn that #Demonetisation. We in #AltSarkar have to acknowledge it even if its defenders do not.
2. India's problem is a demand side problem. People have neither the free disposable cash now nor the confidence in their future to take a loan to go out and buy stuff.
3. You don't deal with a demand drop off by propping up supply side factors. #AltSarkar believes in logic
Read 15 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!