You have no understanding of the budget. India has developed the strategy to enhance consumer spending. Which will lead to industrial production. India has huge domestic market and economy is not dependent on exports. US consumers don't save money and borrow on credit cards. However, Indian consumers save money and invest just like china or other Asian countries. You are just throwing the numbers to make the point. let us discuss who is right in one year. Indian govt. is pushing for solar and already $2.5 B have been committed by companies. How much US govt. has committed to solar ?. US govt. is just bailing out crooked executives of banks. Bank of America lied in SEC filing and it was just fined with $33M, what a joke !. CEO should have been kicked for lying to investors. Investors pay both ways in America !
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You have no understanding of the budget. India has developed the strategy to enhance consumer spending. Which will lead to industrial production. India has huge domestic market and economy is not dependent on exports. US consumers don't save money and borrow on credit cards. However, Indian consumers save money and invest just like china or other Asian countries. You are just throwing the numbers to make the point. let us discuss who is right in one year.
Aug 05 11:48 am
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All Comments by adventure62 »India's Budget Takes a Wrong Turn [View article]
Indian govt. is pushing for solar and already $2.5 B have been committed by companies. How much US govt. has committed to solar ?. US govt. is just bailing out crooked executives of banks. Bank of America lied in SEC filing and it was just fined with $33M, what a joke !. CEO should have been kicked for lying to investors. Investors pay both ways in America !