Recent market collapse and coming economic disaster.....
I have not commented much on the recent market collapse all over the world, including Indian markets because there is nothing more to say about it then what I am already saying since long time, that all these so-called recovery and growth story is bogus. Economies around the world never recovered from the 2007 financial collapse. What happened actually was governments printed and pumped lot of phony paper currency after the collapse and because of that Stock market was rallying as well as due to inflation prices of commodities are going up. This phony market had to collapse one day and it happened the moment governments and their central banks stopped printing money i.e., end of QE2 and raise in interest rates e.g., RBI's 11 increases in last one year. India, China and all other countries around the world are economic bubbles which will bust sooner or later. Whatever real growth is taking place due to hard working population of these countries is being destroyed by their governme...