Tuesday, July 07, 2009

budget: the road to ruin is paved with good intentions

jul 7th, 2009

actually that's not even true. they are not 'rewarding' the masses, because the masses didn't vote them in: they managed that through EVM fraud. and there are no good intentions, the only intentions being a) dynastic glory, b) swiss bank account padding

http://snipurl.com/mas6z

but we will surely see dramatically high inflation soon, as the fiscal deficit -- according to the 'atlanticist' -- reaches 11% for the center and another 6% for the states. this is a ruinously high number, and will lead to 25% inflation in the not too distant future.

2 comments:

non-carborundum said...

Not inflation, stagflation.

Unknown said...

Indian businesses have been surviving bad budgets ever since the Nehru-Ghandi dynasty took hold. Only problem is that they survive by resorting to the Number 2 (Black) economy. So you see the link? Black Money -> Corruption -> Bulging Congress Money Bags -> Switzerland.
Too bad the common people are out of the loop & have to cope with high prices and shortages.