Tuesday, May 3, 2022

A debt typhoon is set to engulf the world, and India won't escape unscathed

Today, Indians are indignant at soaring prices of petrol and diesel. Opposition parties demand further duty cuts by the central government while the prime minister wants the states to cut their fuel taxes. Neither side dares broadcast the bad news that even today's prices are unsustainably low and will soar much higher.

from Economic Times https://ift.tt/2w5Oeyj

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