4 ms·

"I don't know what the truth is, but let me idly speculate in favor of my political team"

• dmix 9y ago
  That's a very succinct way of putting it, thanks. Almost every economics discussion at these very high levels suffer from sweeping all-encompassing generalizations (about an entire country) that happen to fit perfectly neatly into their political worldview. Especially for India, which is notorious for having a government economic regulations that fluctuate wildly depending on what province/city you're in. Where you can drive a truck across the country and require 5 different licences/paperwork just to appease each local arrangement. Not a good country to generalize. A great overview of the complexity of the economy of India: https://www.youtube.com/watch?v=hVwIZzGHxwc https://www.youtube.com/watch?v=hVwIZzGHxwc