what are the signs of Recession?
currency will loose the value.
Real estate will be crashed.
All speculative business Will be drastically slumbered.
Even though the prices of manufacturing goods will come down, no takers
for them. consumerisn will be crashed.
world currency -dollar will be going to loose its value.
if USA be in trouble, the remaining countries will also be suffered except few
big countries like china and india,though these biggies does suffer on smaller scale.
When and why recessions occur?
its part of the economic cycle.
if we consume resources more affluently and at faster rate, then coming generation
will suffer with recession for few years.
what are the major differences between USA and INDIA?
1) We save around 30% of our income
2) our Interest rate is high so no nonsense expense or investment
3) there are CRR and SLR in banking system of India where 22% money always lies with RBI
which will never allow to bankrupt any Bank..
4.Americans buying APPLE'S IPHONES,PADS,PODS but Indians buying gold and silver.
India has been importing around 1000 MT of gold every year from last 3 decades…
today 1000 MT valued at around $60Bn. so its total $1.80 Tn value of gold in Indian houseshold…
where as India’s GDP is just $1.6 Tn. China now started buying gold…
5. In USA, 16 trillans dollars shorted, it is equivalent to each of working american family about $100,000
dollars in debt.
Advise:
consumption-based economy to a production-based economy that creates real wealth
and real jobs.
currency will loose the value.
Real estate will be crashed.
All speculative business Will be drastically slumbered.
Even though the prices of manufacturing goods will come down, no takers
for them. consumerisn will be crashed.
world currency -dollar will be going to loose its value.
if USA be in trouble, the remaining countries will also be suffered except few
big countries like china and india,though these biggies does suffer on smaller scale.
When and why recessions occur?
its part of the economic cycle.
if we consume resources more affluently and at faster rate, then coming generation
will suffer with recession for few years.
what are the major differences between USA and INDIA?
1) We save around 30% of our income
2) our Interest rate is high so no nonsense expense or investment
3) there are CRR and SLR in banking system of India where 22% money always lies with RBI
which will never allow to bankrupt any Bank..
4.Americans buying APPLE'S IPHONES,PADS,PODS but Indians buying gold and silver.
India has been importing around 1000 MT of gold every year from last 3 decades…
today 1000 MT valued at around $60Bn. so its total $1.80 Tn value of gold in Indian houseshold…
where as India’s GDP is just $1.6 Tn. China now started buying gold…
5. In USA, 16 trillans dollars shorted, it is equivalent to each of working american family about $100,000
dollars in debt.
Advise:
- stop consuming and start saving and producing .If We consume more than we produce and we borrow from other countries and we are never going to be able to pay them back, then recession will begin.
- Currency might not be safe.
consumption-based economy to a production-based economy that creates real wealth
and real jobs.
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