"Until February 2021, India had only ever had five months where goods exports had surpassed $30 billion. These five months were spread over the preceding decade. Since March 2021, India has had five straight months where goods exports have exceeded $30 billion every month."
"Nearly 1.8 lakh formal jobs have been created by 16,000 start-ups which were recognised in the last financial year. Several times more indirect jobs get created with a formalisation of jobs being created as well as aggregated by the start-up ecosystem."
"The highest ever FDI inflow of $82 billion was clocked in the last financial year. This was 10 percent more than the 2019-20 figure....The month of May saw $10.5 billion coming in. Again, these figures become doubly critical in the context of the pandemic-led disruptions."
Export oriented Indian growth on the horizon?! 🤞🏽
Let's hope so and hopefully India is just starting a multi-year momentum to fundamentally transform its economy and mentality towards business!
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In an Indian leftist CH room & the speakers are competing over who takes more anti-psychotic drugs LMFAO
The genesis of this is that a girl’s mental health state was triggered by another speaker’s comments & attempt to cancel her
Another speaker has labeled all this problematic
There is now a war over pronouns. A speaker has labeled another as a woman. The labeled person has taken umbrage with this and sharply corrects the speaker that she is non-binary
Another speaker has pointed out that the labeled person has pronouns they/she so saying woman is ok
However, the non-binary person has dug their heels in & challenged the person over their feminist credentials
They are now debating over the origin of their theoretical praxis. There is a massive war over the misgendering with a menagerie of South Bombay Hindi & forced English..
Some notes on America's affair with the Fed & with China.
A brief history of America, the Federal Reserve, & China's economic relationship. 🇺🇸🇨🇳🪙
Let's start with the CCP taking power in China. After a century of humiliation & the subsequent strife/civil war. Mao Zedong's CCP took power in China in 1949. An economic & demographic catastrophe followed as the Great Leap Forward fell & Cultural Revolution ruined China.
The US, on the other hand, was riding the waves of victory post-WW2 and preparing its booming economy & military for the next conflict on the horizon - communism. America would soon become an empire as it fanned across the world to contain this Red Enemy.
In the Feudal Ages, the Church had a monopoly over morality & information flow. With scribes to create thought and the swords of patronized & faithful feudal lords to enforce it.
The New York Times is one of the new "Churches" as the creators of a new mass morality, a religion.
The scribes are academics who create and capture the flow of knowledge. Their credentials are propped up and reinforced by "churches" - NYT, WashPo, etc. What they say is published, as long as they adhere to their predecessors and patrons.
Diverge and they face ostracization.
The lords and kings are the various institutions and corporations who will destroy your livelihood if you blaspheme and will not hesitate to send their attack dogs/lead serfs at you if you deviate from the mind of the Church.
Big Tech censorship and de-platforming along with blatant 0.0001%er tantrums forcing manipulation of a mass-market movement is reallyyyyy pushing me into the "decentralization" camp at least in private affairs (I still support strong nation-states).
Problem may be when cryptocurrency faces off vs national currencies but imo they can coexist together...possibly even in competition? Imagine the deflationary effects there!
I don't think gov can truly master cyberspace at this point which is why I think coexistence will happen
My prior is that I own cryptocurrency as well as am currently in the US stock market. Those are my skin in the game biases.