tag:blogger.com,1999:blog-7286733566804483640.post7927217081521591123..comments2023-11-23T11:17:19.415+03:00Comments on L o r d R a j: Shobhaa De's 'Article'L o r d R a jhttp://www.blogger.com/profile/09508058266036538375noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-7286733566804483640.post-55951899500621740022013-09-18T11:46:08.877+03:002013-09-18T11:46:08.877+03:00Hello Happy,
I assure you - our economy is NOT de...Hello Happy,<br /><br />I assure you - our economy is NOT dependent on individuals OR on global cues (not as much as the media and politicians would have you believe), irrespective of what gets reported.<br /><br />Like any other economy, ours too depends on policy and investments and more specifically investment policies. <br /><br />Individuals making intelligent investments tend to do well... not only for themselves, but for the economy as a whole. <br /><br />Intelligent investment policies... have become rare (unfortunately). Policies and bills that get implemented with 'retrospective effect' don't exactly instill confidence in the investor. <br /><br />That is when our policy makers regret their idiotic decisions and seek to undo the damage by reversing their own decisions and amending the policies. <br /><br />What they don't realise is, this makes things worse. The intelligent investor now has more questions and fears. Primarily - 'How can I be sure that you will not revert again? Clearly you have no problem in reversing your own bill or amending it. You could very well - at a later stage, reverse these new amendments as well'.<br /><br />THAT is why you see the seesaw effect. NOT because of individuals, but because of policies being implemented (with retrospective effect) to appease a certain section of the coalition... and THEN reversing those same policies to control the damage caused by said idiotic policy.L o r d R a jhttps://www.blogger.com/profile/09508058266036538375noreply@blogger.comtag:blogger.com,1999:blog-7286733566804483640.post-85116996281235623062013-09-18T11:32:49.330+03:002013-09-18T11:32:49.330+03:00Thankfully I dont read Shobha De..let her rant as ...Thankfully I dont read Shobha De..let her rant as much as he can...though I admit Raghu is handsome..but if our economy depends on individuals then it says a lot..no wonder it is always on a seesaw!Happy Kittenhttps://www.blogger.com/profile/14406399936808407736noreply@blogger.com