India's GDP caved, from expected 6.4% to 5.4%. Yet Palki
Sharma, on First Post, the shameless propaganda cheerleader of Modi is
trying to put a spin on it by comparing India's 5.5% growth to China's
4.5% and calling it better than China. Better in what positive way when
you look at it objectively. Why didn't she compare India to some other
country instead of trying to belittle China?
4.5% of US$17
trillion is another US$765 billion added to China's GDP. 5.5% of US$3
trillion just adds US$165 billion to India's GDP. Which is better? If
Palki Sharma had kept her slit shut, no one will call her stupid. At
this rate of growth, when is India going to overtake China? Even if
China stops growing for the next 20 years, the gap will not close. Why
does Palki Sharma always like to compare India with China, when China is
not interested in how great India is growing. She should just compare
India with someone more on India's level, like Pakistan or Bangladesh.
Anonymous
3 comments:
Only the dumb will say India is doing better. India is growing from a low base whereas China is growing from a high base. The absolute value of the GDP ($3T vs $17T) has to be taken into consideration
Someone said, 'Never try to correct your enemy when he makes mistake'.
In this case I would say, 'Never try to point out the truth to your enemies when they are gullible'. Let them live in their own fantasy world.
https://businesstech.co.za/news/government/803267/new-currency-for-south-africa-russia-and-china-bites-the-dust/
UAss Running Skunk and Doggie and Spolier of BRICs India said no such currency to replace the UAss$$
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