[PICTURE] Remove the top 1% and India looks worse than many African nations: Hardik Joshi

[Red-Indian]

Putting myself on Record:

With India’s internal economic realities, it feels like one serious financial downturn could put real pressure on the country’s ability to feed such a massive population.

The answer to this is not Pakistan this or Pakistan that...This thread is about the economic reality of India!

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I recently read an analyst report from UBS that stated that the Indian economy is almost uniquely positioned to weather a global economic crisis because of it's massive forex reserves, low external borrowings, low food imports, low dependence on exports etc., so I'm curious.

Which metrics are you tracking that lead you to believe this? What kind of financial downturn are you talking about - the range of the 2008 one or something far worse like say the Great Depression?

 

[sweep_shot]

The answer to this is not Pakistan this or Pakistan that...This thread is about the economic reality of India! ​

Correct.

This is something sanghis do not understand. If they want to maximize India's potential, they have to stop whataboutery and focus on improvement.

No matter how much they do chest thumping, India is still a third world country and may remain so for the forseeable future.