[Tung Tung Testimonials] Rajya Sabha Overthrown, Gurt at Head?
India’s supposed lack of action against the Kashmir Conflict has led to an overthrowing of the Rajya Sabha.
December 21st, 1998
Reports have it that a mysterious figure of the moniker “Gurt” has now become the head of the Indian upper house. It seems that his lack of understanding of political notions have not held him back from his popularity and resolve to supposedly change the Indian economy — investors do not buy this one bit.
Large scale capital outflows have led to banks displacing their regional headquarters elsewhere, with little chance for change. The Indian stock market has fallen an egregious 25% in one day, never before seen levels following the Bretton Woods agreement.
A report by the Financial Times has disclosed that companies seek greater non-bank funding, and support from regulatory authorities in crafting strong economic policy that can uplift local SMEs and convince these banks to return their investments into India. Renowned economist Ramerez Ong mentions, “Without any concrete plans for the future, there is no reason for us to invest in the downside potential that India heralds.”
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