Yes Recovery Is Impossible for Our Economy.
Rest In Piece for those who advocate Printing Money to overcome our Cash Flow Deficit.
I am digitally and virtually dead till I get my foreign assets frozen by CB Governor and Acting Finance Minister.
My worry is FM is trying to artificially bring down Rupee Depreciation but on the long run I will gain since Rupee will go down rapidly and uncontrollably when artificial framework start cracking.
Food prices in the coming weeks before and after the budget will indicate where we are heading.
Why?
We take a loan to settle a loan.
The second loan is at a higher rate.
We are economically *Down the Pallan*.
In Linux of Course R.I.P is a distribution to recover lost Data.
In Linux one never lose Data anyway.
In economy we deliberately erase data to avoid persecution.
New Governors job is to erase the data and muddy the water and take all the irregular emoluments (the post is vested with) for which he does not deserve a red cent and he will elope blaming the Coronavirus.
The Coronavirus is there to take these fraudulent guys to the grave.
The vaccination may mitigate it temporarily.
The recovery is impossible with makeshift cash flow adjustments but the economic downturn Coronavirus has brought in will last more than 20 years and then only will some signs of recovery will surface.
The Coronavirus in my estimate peter out in about 20 years.
These pseudo-experts will escape like rats when the "economy ship" starts sinking.
Make hay when the sun shines is their Moto!
Wednesday, September 15, 2021
R.I.P. to R.I.I.
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