Friday, October 17, 2014

October 17, 2014

You're not really a powerful country if you have to indulge in ridiculous-sounding trash talk like "Today, no one can give warning (sic) to India. We are a very powerful country".

The new Chief Economic Adviser's earlier connections with the Peterson Institute (of the "Social Security is for slackers" fame) do not bode well for what passes for the public safety net in India. Channeling provident fund money into the stock market is not a Good Idea.