Meet Mr. Stagflation

Thu, 15 Oct 2020 12:28:55 +0000

Last week we agreed that India has an unemployment problem. This, we said, is because the economy has had structural issues. Afterall - all countries do. We seemed to be trotting along at a reasonable rate until recently - the illusion of growth and better incomes seems to have been at least partly true. Then things went downhill at a rapid pace.