Why do they keep saying "moderate impact" when in the last few weeks the Indian stock market fell by more than 25%. Its common knowledge that the US sub-prime crisis started it all, and many banks dealing with mortage-backed securities started pulling out from the markets globally to finance their loss. Why doesnt chidambaram accept that its his policies that led to investment by these banks in the Indian stock market.
RE:Bunch of Liers
by Loan Shark on Mar 18, 2008 04:42 AM Permalink
moderate impact is on the economy, and the economic growth, not on the stock market .... stock markets are manipulated by demand and supply ... if more cash comes in, prices go up. if cash leaves, prices go down - in either case the company performance, furture results and overall economy has not changed.
stock market fluctuations will happen .... you do not understand!
US Market plunged nearly 16 percent (14200 to 11900), where Indian stock plunged nearly 31 percent (21100 to 14700) for the same effect world-wide. MMSingh and Chidamaparam told many times, US recession will have minimal effect on India. See the above result and compare how they are fool and idiot. Moreover, PM and FM said growth will be 8-9 percent for FY08. But most economists see India in the phase of a negetive growth. Based on what PM and FM predicted 8-9 percent growth, is it vote bank poltics ? But "loan shark" and "stone cold" gives you high level theory here. Stay away from these CRAPS.
RE:Bunch of Liers
by asad hgjkf on Mar 18, 2008 02:25 PM Permalink
Well, if u ever read a book on economics, u wud realise that Loan Shark is right. The stock market is not the only indicator of a country's economy. Economy and stock market are related no doubt, but the relationship is not entirely positive.
