
@svembu I feel India is falling into the same trap. the infra spend should commensurate with the GDP size. Is building a 5 star train station a good spend ? That $1B could be spent elsewhere to create real value..
English
Mahesh Lingareddy
428 posts

@MaheshLReddy
Founder and Chairman, Smartron


As this chart shows, China has not yet reversed the fall in the consumption share of its economy that occurred after Zhu Rongji's reforms, & coincided with WTO entry. In my NYT piece, I argued that this is China's original sin: it created a structurally unbalanced economy 2/





🚨 NEW: Babe wake up! It’s happening again!! 😂









