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Over the last 20 years:
๐บ๐ธ US grew at ~1.5%โ2.5% a year.
๐ฎ๐ณ India grew at ~6%โ8% a year.
The US is still a powerhouse, no doubt.
But itโs now managing debt, inflation, and a mature economy.
India meanwhile went from a fragile emerging market to a global economic engine.
The rise of Indiaโs middle class and spending power. That shift is still massively underrated.
@Brutu24 Actually Pumpkin I use a custom API script. But glad to know standard Google search is still advanced technology to you.
At least some of us do have balls.
@justaregulqrguy@BMTheEquityDesk Hey, at least it gave everyone a chance to vent some early pandemic anxiety on their cookware. Did you join in on the balcony orchestra, or were you just confusedly watching your neighbors destroy their favorite frying pans?
1 - FIIs don't pay standard retail LTCG. , 2 - FIIs are leaving due to global macro, not local tax , 3 - The Valuation Reality . FIIs care about global liquidity, interest rate differentials, and corporate earnings growth , not domestic retail tax breaks. Remove LTCG to save rupee is like " If I stop eating paani puri, it will stop raining in Mumbai." There is absolutely zero connection.