India on the verge of facing worst financial crisis in decades?

[BindazChakkar]

Re: India on the verge of facing worst financial crisis in decades?

@rommel

India and any one else who adopts this capitalist model of reckless get rich quick and suffer latter i.e boom and bust economics will suffer sooner or later.

we saw the tiger economies suffer in 90’s we saw the west suffer many boom bust cycles and today we have the mother of all economic disasters hitting the US and Europe.

So if india suffers crash it will not surprise anyone this is nature of the boom bust economic model.

you know of an alternative that can lead to a stabler economy without denying individual liberty and human rights ?