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What good are economists, anyway?


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neutral c
Beware India !!!
by neutral c on Apr 21, 2009 11:30 AM  | Hide replies

I dont agree fully. The downfall of US & UK, is they had economic development but lacked Cultural & Spiritual. India is stable now, because we still have this to a certain extent. Only one to go down was Satyam who copied US values for that matter no values. But this is a big but, we are blindly copying western culture which is very bad for India. Beware India !!!

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siddhartha xx
Re: Beware India !!!
by siddhartha xx on Apr 21, 2009 11:42 AM
"is they had economic development but lacked Cultural & Spiritual."

India culture and spirtual tradition is severe poverty by which the rest of us remain unaffaected, treating people like untouchables, mis treating and suppressing women, acting like hungry dogs when a woman passes by.

People are living like dogs, majority of our population and you say india is stable. We have so many separatist movements all over india and you say india is stable. We have people slaughtering each other in name of religion and you say india is stable. Its funny.

Stop with the hypocrisy. Apparently you dont live in the same india as rest of us.

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neutral c
Re: Re: Beware India !!!
by neutral c on Apr 21, 2009 12:27 PM
My friend I was talking only in terms of Financial crisis.
I used the phrase 'certain extent'. Yes some are not following are rich values & they are suffering. As simple as that

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jailab eqbal
ECONOMIC CRISIS
by jailab eqbal on Apr 21, 2009 11:30 AM  | Hide replies

Why blame economists?
greed and lack of commonsense are the reasons for what is happening

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gogi raja
Re: ECONOMIC CRISIS
by gogi raja on Apr 21, 2009 11:35 AM
Buddy, wont you follow what your doctor prescribes? And if that doctor treats you with a sinister motive like these socalled economists, then what will you do ? Here also, faith has been mutilated and each one of these black suited chap has undresed the gullible, innocent man of his savings and honour.

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gogi raja
They fool public
by gogi raja on Apr 21, 2009 11:28 AM

As said no economist has ever predicted recession ! Then why the hell they are there for...see them on TV debates, using so high technical language, theories and pose as if they are the rarest minds...all of them are agents of corporates, befooling public with their agendas. They should be arrested for misleading people and causing financial losses.

Look at Manmohan...kept harping 8% growth. I challenge him to come to a village with me and show signs of growth ! I can count numerous instances where he has misled people. He has led a corrupt team and that does not absolve him.

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bracelet grace
Economies never need economists anyway,...
by bracelet grace on Apr 21, 2009 11:21 AM  | Hide replies

An economy would be rendered far better of without 2 things;
1. Money,
2. Economists.

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Yasir Ahmad
Re: Economies never need economists anyway,...
by Yasir Ahmad on Apr 21, 2009 11:26 AM
and politocos

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arungopal agarwal
Economic crises
by arungopal agarwal on Apr 21, 2009 11:20 AM

Where is crises with Indian govt. decisions, Salaries of govt. servants doubled, taxes - FM ensures maximum population to cover in tax net, ready to spend anywhere which may fetch votes to Congress/UPA.


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vunnam jalaramaiah
Economist
by vunnam jalaramaiah on Apr 21, 2009 11:16 AM  | Hide replies

Economist are good in explaining after event happening not in predicting, preventing or findinding solutions

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kumar kn
Re: Economist
by kumar kn on Apr 21, 2009 11:33 AM
just like most astrologers

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Vikram Cavale
Re: Re: Economist
by Vikram Cavale on Apr 21, 2009 02:28 PM
You are wrong about Astrologers. Astroglogy is not meant to "predict" anything. I merely serves as a guidance to live a life. The "actual" living rests in your hands not in the Astrologers hands

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