Shiva

India Risk Rises as Pakistan Unravels

Linking Pak's turmoil to India's CDS spreads is a bit far fledged. India, just like other nations is reeling under weak exports,a ballooning current deficit and a weak employment scenario, with another factor thrown in- ELECTIONS. In the past few decades India has come a long way, totally dissociating itself from the Pakistan trouble. Its true that a collapse of Pakistan will spell trouble for INDIA, but tell me who is safer if such a thing happens especially given their nuclear capabilities? Hence I feel that linking security risk with its economic risk is a bit of a stretch. It can be true in case of Pakistan due to the total collapse of the administration over there, but not in case of India which is a thriving Democracy.