Comments by "M" (@mg.f.9023) on "How do the rate hikes in US u0026 EU affect India?" video.

  1. Big industry do not see much demand in the market to take credit and increase capital or production. Demand will be slowing down further as there is HUGE inequality in income. Only rise in employment and wages can support demand. Indian growth shown is a jobless growth.
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  2. With US Dollar Interest rate going up and up, the Interest rate spread is not very conducive for Indian currency.
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