Must read this Politico-Economy Paradox to understand the thin line which one need to tread to keep the economy on track
1A. If interest rate goes up: “How the poor could afford a house, car for themselves?”.
1B. If interest rate comes down: “How will elders earn interest from the bank?".
2A. If foreigners invest in our country: “They are taking away our wealth as profits/dividends”.
2B. If domestic Co. invest outside: “Our wealth shifts for the development of outsiders”.
3A. If tax rates are increased: “the Govt is robbing people”.
3B. If tax rates are lowered: “the Govt is trying to help the rich".
4A. If GDP grows: “the Govt is working primarily for the big corporates”.
4B. If GDP contracts: “there is no job creation”.
5A. If currency strengthens: “our exports get impacted”.
5B. If currency weakens: “Our import bill has gone up”.
6A. If Food prices go up: “Masses are suffering".
6B. If Food prices come down: “farmers are suffering”.
7A. If stock market comes down: “The economy is in a mess”
7B. If stock market goes up: “it’s not a true measure of economy; only corporates are being supported”.
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8A. If Corporate tax rates are increased: “Govt is penalizing private enterprise".
8B. If Corporate tax rates are cut: “the Govt is only trying to boost the profitability of corporates”.
So heads I win, tails you lose...
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