Indian Economy Growing At Fastest Rate In 20 Years

India reports that its economy is growing at the fastest rate in 20 years – up 9.4% per annum.

And here comes the punch line.

A fund manager in Bombay warns that investors “should be prepared for a soft landing.”

Get it? Watch out, dear readers – the weather threatens to be nice today…the stock market may crash a point or two…lightening might strike somewhere out on the plains, where no one is standing…your favorite restaurant might run out of Diet Coke…and you might go to the cancer specialist who tells you that you have a bad case of dandruff!

The Indian economy is racing along at breakneck speed. Hold onto your hats, buckle your seat belts, and make the sign of the cross – because it might slow down to merely fast!

“Soft landing no longer means we’re going back to the days of 5% or 6% growth,” says the expert. Now it means 7% or 8%!

Yes, dear, dear reader, it’s a new era in which all umbrellas are obsolete…all auto accidents are fender benders…and all market crashes knock off 2% of your gains, and then bounce back.

Bill Bonner
Markets and Money

Bill Bonner

Bill Bonner

Since founding Agora Inc. in 1979, Bill Bonner has found success and garnered camaraderie in numerous communities and industries. A man of many talents, his entrepreneurial savvy, unique writings, philanthropic undertakings, and preservationist activities have all been recognized and awarded by some of America’s most respected authorities. Along with Addison Wiggin, his friend and colleague, Bill has written two New York Times best-selling books, Financial Reckoning Day and Empire of Debt. Both works have been critically acclaimed internationally. With political journalist Lila Rajiva, he wrote his third New York Times best-selling book, Mobs, Messiahs and Markets, which offers concrete advice on how to avoid the public spectacle of modern finance. Since 1999, Bill has been a daily contributor and the driving force behind Markets and Money.

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