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Harish Krishnan,CFA
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Plotted private sector corporate indebtedness as % of GDP across India, China, US, EU zone to give a perspective. Low interest rates for developed world hasn't spurred corporate investment by
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Small thread on household debt servicing capability-chart from CS where Chinese household debt service as % of disposable income has moved from 17% in Mar-14 to almost 35% now! A
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"% of GDP"- see this sprouting everywhere- be it market cap of Apple to GDP of India or IPO funding of ANT to GDP or the even more sacrilegious reversal
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Extremely low odds of instant gratification vs significantly higher payoffs of delayed wealth creation!Fascinated by lottery sales explosion in Kerala(last year was approx 12000cr).Over 79 million lottery tickets sold every
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