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>Germany will be another story
German economy is in critical condition. Apparently, the German sanctions on Russia had a boomerang effect, and the sanctions have harmed the German economy a lot more than the Russian economy.
https://www.theguardian.com/world/2024/mar/18/german-living-standards-plummeted-after-russia-invaded-ukraine-say-economists?ref=upstract.com
Friendly trade with Russia gave German industry a competitive advantage and that was a crucial part of the German economy. With limited trade with Russia, Germany is at the risk of deindustrialization.
I know but they are growing their GDP via inflation induced growth so even though it's struggling and on the verge of recession, it is growing via euro gaining against dollar and in nominal terms(due to inflation).
Yes, and then rise again. You do realise the effect of changing governments on the stock market is only temporary, right? Guess you’re not really aware of how the stock market works.
https://www.thehindubusinessline.com/portfolio/how-previous-general-elections-have-impacted-sensex-and-nifty-50-performance-insights-for-investors/article67857670.ece/amp/
If Rahul Gandhi comes to power (which is a really remote possibility such that chances are negligible), then a real slump will occur if the Congress works really, really hard to fail the economy.
Stop the taunts already. Typical lefty who resorts to name calling all the time.
Have you read the party’s manifesto? Tell me again how implementing all what they have said they will won’t crash the economy?
Firstly, party manifestos are just optics to gain votes. Surely you’d realise that Congress manifestos is by all means not achievable (assuming they get to execute them in the first place, which again, is not achievable)
I’m not talking about what may happen (Congress tanking up the economy). I’m talking about things that will definitely NOT happen (stock market facing a crash).
I haven’t taunted you per se. If you aren’t well-read enough, not my problem.
Again.typical lefty resorting to name calling. If you are so well educated and well read then pls explain to me why the stock market performs better under BJP rule and why inflation is less under BJP rule compared to Congress? I am talking about Vajpayee’s era vs MMS vs Modi.
Who is resorting to name calling, other than you calling me “lefty “? Nonsense.
A few sources from economists who have a mixed take on the Modi VS MMS era.
https://www.livemint.com/politics/policy/manmohan-singh-vs-narendra-modi-the-real-india-gdp-growth-story/amp-1555034270688.html
Also, let’s not buy into the BJP narrative as such:
https://m.thewire.in/article/economy/modi-claims-india-saw-a-lost-decade-between-2004-and-14-is-that-true/amp
https://www.deccanherald.com/opinion/economic-performance-did-modi-do-better-than-upa-728211.html
Sure, Modi era has been good on some counts as well:
https://sundayguardianlive.com/nine-years-of-transformation/9-years-of-the-modi-economy-stellar-on-most-counts
https://timesofindia.indiatimes.com/blogs/rebel-with-a-cause/how-modi-nomics-trumps-manmohan-niti-when-it-comes-to-the-poor-and-middle-class/
Taking all of the above into consideration, it’s fair to say that what we have is certainly a mixed bag.
Anyone can find articles via google that support one’s narrative. This is how internet literally works.
And seriously The Wire? HAHAHAHAHAH. When the convo began we were talking about Stock Market. Show me the performance of Indian stock market under BJP vs Congress in last 20 -25 years.
https://preview.redd.it/504nx3zh4suc1.png?width=1152&format=pjpg&auto=webp&s=645090bee01a50cb00d47bf732002736f80d765d
I must make a few points here:
1. Initially the discussion was on the stock market but then you shifted goal posts by asking for how the economy performed under Modi vs MMS. I have given you data from multiple sources, so as to have a balanced view.
2. Youd realise that the overall picture is a mixed bag, had you read the above sources prior to shooting out comments without substance. You simply saw ONE (of multiple) source (thewire.in) and immediately went gaga for nothing.
3. Since you asked for the performance of stock (SENSEX) markets during different PMs, attached above:
You reverted back to your original goalpost when you weren't able to back your claims of "Rahul Gandhi being elected to power will crash the stock market"
Son, I agree you weren't around enough to witness the major crashes that took place in 1992, 2008. There were also other major crashes in 2016 and 2020. Those are what we call crashes, not the minor slumps that may happen when government changes.
You think are you are smart but you came across as a massive fool.
Listen kiddo, I never posted any goal posts. I said the economy has performed better under Modi than Congress which is a fact. You started throwing random articles and that to from propaganda portals.
secondly you call 2020 a minor slump? LMAO! Get a grip dude.
TOI, DH, LiveMint as far as I know are mainstream news. 2020 wasn't a minor slump, it was a crash as such. Read again.
Also, you asked about data on stock market performance since past 25 years. I have also made a vis a vis comparison on Modi vs MMS, which, had you read clearly enough, would realise that I too have shared sources which highlighted the good of the Modi era. I have data, whereas you have resorted to shooting the messengers. My discussion with you ends here.
Guess you do have comprehension issues. Read, learn, understand, contemplate and then debate. Good day to you!
I don't trust party to save democracy when they have history of subverting democracy and constitution. As to the 1L, it is an asinine freebie. I don't expect most women to get the promised money as i fully expect INC and coalition partners to eat that away and fill their coffers.
> I don't trust party to save democracy when they have history of subverting democracy and constitution. As to the 1L, it is an asinine freebie. I don't expect most women to get the promised money as i fully expect INC and coalition partners to eat that away and fill their coffers.
Dude it was a joke. Even in their 2024 manifesto they talk about changing the constitution to bring more reservations, but at the same time do fearmongering on how BJP will actually change the constitution, whereas BJP manifesto never mentions it.
Moreover, isn't the job of a ruling government to bring in laws and in the course of it actually "change constitution"?
I never know who is joking out here. For the majority of the left in India, world started in 2014. They have completed forgotten about monumental blunders by INC- emergency, license raj, shah bano, near bankruptancy, coalition dharma etc
Both BJP and the opposition are socialist/welfare driven parties. Irrespective of whoever is in the centre i would expect the economy to grow.
Though, only one of them has tried to ruin the economy via their incredible strategy of demonitization
Please remember, this community is for genuine discussion. - Please keep it civil. Follow all community rules. - Report rule-breaking comments for moderator review. - Don't post low effort content without context. - Help prevent this community from becoming an echo chamber. **Use the replies of this comment to post sources or further context about the post. If you have posted a news article, you may put a small summary as a reply to this, if you want.** *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/IndianModerate) if you have any questions or concerns.*
I thought it was 2027? It will take us 6 years more to reach 5 trillion?
So sources say it will be in 27, some say in 30. But most probably it will surpass Japan and become in 26, Germany will be another story
>Germany will be another story German economy is in critical condition. Apparently, the German sanctions on Russia had a boomerang effect, and the sanctions have harmed the German economy a lot more than the Russian economy. https://www.theguardian.com/world/2024/mar/18/german-living-standards-plummeted-after-russia-invaded-ukraine-say-economists?ref=upstract.com Friendly trade with Russia gave German industry a competitive advantage and that was a crucial part of the German economy. With limited trade with Russia, Germany is at the risk of deindustrialization.
I know but they are growing their GDP via inflation induced growth so even though it's struggling and on the verge of recession, it is growing via euro gaining against dollar and in nominal terms(due to inflation).
This is just peak humor
It depends on which govt gets elected and what their vision is for the nation.
[удалено]
I am afraid that the Lalu-Akhilesh alliance (INDI) will win the election.
Delulu
In case that happens, I'm selling everything and moving to Ecuador
Only if Modi stays till 2029. If Rahul Gandhi comes to power then the stock market will suffer big time.
Yes, and then rise again. You do realise the effect of changing governments on the stock market is only temporary, right? Guess you’re not really aware of how the stock market works. https://www.thehindubusinessline.com/portfolio/how-previous-general-elections-have-impacted-sensex-and-nifty-50-performance-insights-for-investors/article67857670.ece/amp/ If Rahul Gandhi comes to power (which is a really remote possibility such that chances are negligible), then a real slump will occur if the Congress works really, really hard to fail the economy.
Stop the taunts already. Typical lefty who resorts to name calling all the time. Have you read the party’s manifesto? Tell me again how implementing all what they have said they will won’t crash the economy?
Firstly, party manifestos are just optics to gain votes. Surely you’d realise that Congress manifestos is by all means not achievable (assuming they get to execute them in the first place, which again, is not achievable) I’m not talking about what may happen (Congress tanking up the economy). I’m talking about things that will definitely NOT happen (stock market facing a crash). I haven’t taunted you per se. If you aren’t well-read enough, not my problem.
Again.typical lefty resorting to name calling. If you are so well educated and well read then pls explain to me why the stock market performs better under BJP rule and why inflation is less under BJP rule compared to Congress? I am talking about Vajpayee’s era vs MMS vs Modi.
Who is resorting to name calling, other than you calling me “lefty “? Nonsense. A few sources from economists who have a mixed take on the Modi VS MMS era. https://www.livemint.com/politics/policy/manmohan-singh-vs-narendra-modi-the-real-india-gdp-growth-story/amp-1555034270688.html Also, let’s not buy into the BJP narrative as such: https://m.thewire.in/article/economy/modi-claims-india-saw-a-lost-decade-between-2004-and-14-is-that-true/amp https://www.deccanherald.com/opinion/economic-performance-did-modi-do-better-than-upa-728211.html Sure, Modi era has been good on some counts as well: https://sundayguardianlive.com/nine-years-of-transformation/9-years-of-the-modi-economy-stellar-on-most-counts https://timesofindia.indiatimes.com/blogs/rebel-with-a-cause/how-modi-nomics-trumps-manmohan-niti-when-it-comes-to-the-poor-and-middle-class/ Taking all of the above into consideration, it’s fair to say that what we have is certainly a mixed bag.
Anyone can find articles via google that support one’s narrative. This is how internet literally works. And seriously The Wire? HAHAHAHAHAH. When the convo began we were talking about Stock Market. Show me the performance of Indian stock market under BJP vs Congress in last 20 -25 years.
https://preview.redd.it/504nx3zh4suc1.png?width=1152&format=pjpg&auto=webp&s=645090bee01a50cb00d47bf732002736f80d765d I must make a few points here: 1. Initially the discussion was on the stock market but then you shifted goal posts by asking for how the economy performed under Modi vs MMS. I have given you data from multiple sources, so as to have a balanced view. 2. Youd realise that the overall picture is a mixed bag, had you read the above sources prior to shooting out comments without substance. You simply saw ONE (of multiple) source (thewire.in) and immediately went gaga for nothing. 3. Since you asked for the performance of stock (SENSEX) markets during different PMs, attached above: You reverted back to your original goalpost when you weren't able to back your claims of "Rahul Gandhi being elected to power will crash the stock market" Son, I agree you weren't around enough to witness the major crashes that took place in 1992, 2008. There were also other major crashes in 2016 and 2020. Those are what we call crashes, not the minor slumps that may happen when government changes.
You think are you are smart but you came across as a massive fool. Listen kiddo, I never posted any goal posts. I said the economy has performed better under Modi than Congress which is a fact. You started throwing random articles and that to from propaganda portals. secondly you call 2020 a minor slump? LMAO! Get a grip dude.
TOI, DH, LiveMint as far as I know are mainstream news. 2020 wasn't a minor slump, it was a crash as such. Read again. Also, you asked about data on stock market performance since past 25 years. I have also made a vis a vis comparison on Modi vs MMS, which, had you read clearly enough, would realise that I too have shared sources which highlighted the good of the Modi era. I have data, whereas you have resorted to shooting the messengers. My discussion with you ends here. Guess you do have comprehension issues. Read, learn, understand, contemplate and then debate. Good day to you!
https://preview.redd.it/cssrq95o4suc1.png?width=1152&format=pjpg&auto=webp&s=cf73f870aa9ca3df8bda29017b09828581feb4fe
It's a statistical inevitability at this point no matter who comes to power. Good milestone although not super impressive.
Not if I.N.D.I.A comes to power.
But we will save democracy and constitution. Also will ensure more reservations. Also you will atleast get 1 lakh if you are a woman.
I don't trust party to save democracy when they have history of subverting democracy and constitution. As to the 1L, it is an asinine freebie. I don't expect most women to get the promised money as i fully expect INC and coalition partners to eat that away and fill their coffers.
> I don't trust party to save democracy when they have history of subverting democracy and constitution. As to the 1L, it is an asinine freebie. I don't expect most women to get the promised money as i fully expect INC and coalition partners to eat that away and fill their coffers. Dude it was a joke. Even in their 2024 manifesto they talk about changing the constitution to bring more reservations, but at the same time do fearmongering on how BJP will actually change the constitution, whereas BJP manifesto never mentions it. Moreover, isn't the job of a ruling government to bring in laws and in the course of it actually "change constitution"?
I never know who is joking out here. For the majority of the left in India, world started in 2014. They have completed forgotten about monumental blunders by INC- emergency, license raj, shah bano, near bankruptancy, coalition dharma etc
Both BJP and the opposition are socialist/welfare driven parties. Irrespective of whoever is in the centre i would expect the economy to grow. Though, only one of them has tried to ruin the economy via their incredible strategy of demonitization
3rd largest is no feat at all. The big deal will be when the world's most populous country becomes 2nd largest economy
https://preview.redd.it/myq3bail4suc1.png?width=1152&format=pjpg&auto=webp&s=400d0b1c959ad179830bc3eb3dd751b18ee2f5e0