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Efforts to revitalise the rural economy, leveraging digital public infrastructure to create seamless linkages in the economy, policies bolstering manufacturing, and a consumption boom that could last several decades driven by our burgeoning youth population will contribute to making India a nation with huge economic heft
recession i would welcome that because it would allow us to get to the other side of a growth cycle. you know, things go up, they go down, but i am more optimistic than i have been in some time it will be a soft landle. tomorrow the fed, i should say is set to announce the last interest rate hike of the year. what comes next? what indicators will be you watching to figure out if 2023 is on a better trajectory than this year? yes, it s a great question. we want to see the fed continue to fight inflation, but you don t want to see the fed have to really go faster or have higher rate hikes and it seems like they re now going to be able to, if not pull back, slow down a bit. i think that that would be good news because it would allow people a little bit of relief in terms of paying down debt, paying their mortgages, you know, paying off any kind of credit card debt and, by the way, i would say to consumers pay down debt. that s the best thing you can do for yourself right now. okay,