News India GDP growth to be 8% in FY16, 8.3% the next year: Fitch

[IndianMascot]

But I read long time back that US had tweaked their GDP figure. They are having huge debts.

 

[Technoglitch]

Old Drinkers, New Bottles | Tehelka.com

 

[DashMajor]

^^ Tehelka.com is already anti BJP.

 

[Teufel]

USA is still in dept and it's messed up. Every year their debt increases.

 

[Technoglitch]

USA's expense are sky rocketing and their way of living is also pretty high.

 

[NinadG]

But their currency is fully floating & convertible..............which makes it reliable & valuable in the world...........So they can simply print the currency bills to avoid sudden problems...............even if it leads to short term inflation...........
Which is not fully possible for India...............

 

[Technoglitch]

But their currency is fully floating & convertible..............which makes it reliable & valuable in the world...........So they can simply print the currency bills to avoid sudden problems...............even if it leads to short term inflation...........
Which is not fully possible for India...............

they cant print just like that and that applies for others too.

 

[NinadG]

they cant print just like that and that applies for others too.

I just thought of QE program that US is running..................

 

[Technoglitch]

I just thought of QE program that US is running..................

i think it is halted after 2014..i am not sure..they bought this after 2008 crisis..

 

[NinadG]

i think it is halted after 2014..i am not sure..they bought this after 2008 crisis..

yes...............they taperd it.............I think it should have been over............