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Thursday, May 15, 2014

Marc Faber on India economic growth predictions

A while ago, I thought India was still growing at 8 per cent-9 per cent according to published statistics.
I think the statistics were overstating growth because they were understating the increase in cost of living and understating inflation.
Now, going forward, I think if India can grow at 4 per cent-5 per cent per annum, that will be quite good.

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.


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