adventure62

India: The Bear Case

Author claims to have a crystal ball about Indian stock market. No one has crystal ball !. No one had idea of OIL going this high and creating global inflation. Author seems to be an expert on world economy that is redicules. If author had so much clarity on India and China, he would not be working as chip designer. As a matter of fact, author will not be here. Investors with faint of heart leaves the stock market. Especially foreign investors, except some short tem hedge funds, stay in market since they know foreign markets are volatile. Claim of foreign investors leaving India is too far fetched. Author may have shorted the Indian market !

India: The Bear Case

I don't like the very first statement of " 10% of India's GDP would be spent on fuel subsidies, fertilizer subsidies and stupid farmer loan-waiver programs. That's a recipe for inflation".

"stupid farmer loan program"- is essential since India is having atleast 2000 farmer's commiting suicide every year due to crop failure. 70% of India's population lives in villages and govt. has done very little to help the rural India. Agro sector is essential to feed 1 B people. Govt. spends all the money on technology parks but has done very little to open food procesing parks. Blaming on poor farmer is redicules for failure due to other policies. 70-80% of farmers in India have less than 1 Acre of land. People do not undersatnd teh amount of work needed in agriculture. Farmer's in India don't want to make their children as farmer as they see only misery and very little support from Indian Govt. China supports their agro business in very big wany in terms of subsidies. If India looses these farmers, who will feed India?