Economic trouble brewing in India...asia

[B Man]

Massive reserves can not be bad...

Massive debt without reserves is terrible. (ie USA)

Massive debt without reserves nor any army to stop the collectors from collecting is the worst case situation.. (ie India)

Both are bad but china central control has massive reserves to play fight fire. Dunno who sinks first but India is messy and less controllable right now smart money is fleeing....

 

[3_M]

I find it really funny, when the USA introduced printing money, the whole world KPKB as the value of the USD dropped but these countries did nothing to prevent the hot money flowing into the economy. Than China etc came out and say will stop support in financing the US deficit.

Now when the Fed wants to reduce the money printing, there is worry that these emerging countries cannot handle the credit withdrawal,,now what does the world expect the USA to do? print they kpkb, stop printing they kpkb again...

Because for US, it a matter of head they win and tail you lose.