Message Font: Serif | Sans-Serif
No. of Recommendations: 2

Poverty has been reduced from 37% to 29% by downgrading the definition of poverty. Currently it stands at $0.5 per day of consumption. So 30% population consumes at $0.5 per day in a 15% annual inflation environment. To me, this is a significant investment risk (mounting social unrest) in India. I have a lot if investment in India and I feel I need to wind it down to a trickle. At some point, things can implode as poverty reduction is just not happening.

Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.