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Modi's address to the nation at 7:30PM ISt on 31st Dec. Will it be a game changer ? a relief ? or more crackdown measures ?


Android_Halwa

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1 hour ago, lazybugger said:

Android Halwa,

If you are talking about self employed people evading their taxes, pls talk to your neighbourhood 'entrepreneur' in the US. You'll be surprised how many of them actually pay taxes.

So pls stop cheerleading Modi's idiocy.

 

LazyBugger

Just because it happens in USA, doesn't not necessarily mean it should happen in India too. Its silly to compare 240-year-old democracy which is four time the size of India with quarter population with India which is 70 years old democracy. 

I don't expect you to cheer for modi...I expect you cheering for alternate leader which in best case scenario is Rahul Gandhi, mamta banerjee, AKhilesh Yadav, AAP leaders.To cheer for them, you don't need to publish stupid and cheer...Take their names and say cheers for them.

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For all the people who have only seen and followed media reporting on demonetization about poor people suffering and small industries died and millions standing in lines for their daily quota of rs.4000...

The factual truth is out here..

Banks reducing interest rates. First by SBI and now Home loans at 8.6%. Many of you might not know what it actually means but people who have paid home loan interest rates at 13% will know the pain and suffering of homeowners. I just hope the rates would further fall to 7% levels and it initiates massive boost to the infrastructure sector. Billions of rupees into the housing sector, indirectly billions into the market. 

This is the actual process of remonetization should. Exchanging old notes and giving away new notes, what's the use?

The ideal situation is to flood the market with cash not at the bank counter but in form of cheap capital. This seems to have just initiated.  These are the signs of market picking up in short and long term and in the country where unorganized labor forms 90% of the workforce, Its a good news. 

This is all about market conditions and market behaviors and my opinion is based on market performance and indicators, not supportive of Modi or against Rahul Gandhi. and I am not a frustrated Indian who lost out on opportunities.  

 

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  • 2 years later...
On 12/30/2016 at 9:25 PM, Android_Halwa said:

Hey,

The 50 days are over. 

We have PM addressing the nation coming up in the next few hours. 

What do you think this address is about? Is any relief coming from cash crunch? Any measures to reward honest tax payers? More crackdown measures ? or revelation of certain names who have hidden their wealth?

Pour in your thoughts.

No thoughts from me 

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