The root cause of collapse of Indian economy is the huge debt that the daddies of Indian business are carrying in their bellies which allows them massive amount of money for their own consumption for next 10 generations and inability of the banks, regulators and the monetary system to get that money back. Otherwise how come Indian claim to be in the Forbes list of richest but their companies are drowned in debt. They have become richest by funds diversion. This money needs to be recovered and deployed productively. They are one who took the money for profit. Now the same stock is at low value, through phony buying the stock will be inflated without any merit and small investor will lose their money again.!!!!!!!!!!!!!!! I pray this so called Indian billionaires get some humanity sense and help to bring our economy back on track.!!!!!!!!!!!!!!!!!!!!GOD BLESS !!!!!!!!!!!!!!
Posted on: Fri, 06 Sep 2013 08:45:28 +0000
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