TD:
Here are the facts before us...
So the GOI has announced severe austerity measures. The IMF has provided emergency loans. The GDP in 2014 has shrunk. Oil prices are plunging, cash reserves are tapped out. There is NO foreign capital investments based on all of the above and still no progress on transformation into a market driven economy. And lastly, the security situation still remains as the 800 pound gorilla in the room.
So, you can look at the glass half full or half empty but in REALITY, I can't even find the ANY water to pour into the glass right now!
Here are the facts before us...
So the GOI has announced severe austerity measures. The IMF has provided emergency loans. The GDP in 2014 has shrunk. Oil prices are plunging, cash reserves are tapped out. There is NO foreign capital investments based on all of the above and still no progress on transformation into a market driven economy. And lastly, the security situation still remains as the 800 pound gorilla in the room.
So, you can look at the glass half full or half empty but in REALITY, I can't even find the ANY water to pour into the glass right now!
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