03-20-2007, 09:38 PM
That statement from Montek is very significant. Altho I still think money supply is the key. There are people who are taking loans from banks and then investing in stock mkt - that is unbelievable and reminds me of the dot-com bubble and the housing bubble here in the US.
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Mudy, they dont have a choice, if the mkt crashes near a big elections or a major aam-aadmi incident happens near elections then UPA will be toast and nobody will buy their aam-aadmi-BS again. So they have to do something now to get out of this and hope their steps provide some sort of soft-landing. Ofcourse it can backfire which is why some folks in UPA will not want to disturb the bubble but then this might really backfire during elections time. It will be interesting to see what happens.
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Mudy, they dont have a choice, if the mkt crashes near a big elections or a major aam-aadmi incident happens near elections then UPA will be toast and nobody will buy their aam-aadmi-BS again. So they have to do something now to get out of this and hope their steps provide some sort of soft-landing. Ofcourse it can backfire which is why some folks in UPA will not want to disturb the bubble but then this might really backfire during elections time. It will be interesting to see what happens.