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Sunday, 24 December 2023

*ECONOMY PARADOX*

*ECONOMY PARADOX*

1A. _*If interest rate goes up:*_ "How the poor could afford a house, car for themselves?".

1B. _*If interest rate comes down*_ "How will elders earn interest from the bank?".

2A. _*If foreigners invest in our country:*_  "They are taking away our wealth as profits/dividends".

2B. _*If domestic Co. invest outside:*_ "Our wealth shifts for the development of outsiders".

3A. _*If tax rates are increased:*_ "the Govt is robbing people".

3B. _*If tax rates are lowered:*_ "the Govt is trying to help the rich".

4A. _*If GDP grows*_ : "the Govt is working primarily for the big corporates".

4B. _*If GDP contracts*_ : "there is no job creation".

5A. _*If currency strengthens*_ : "our exports get impacted". 

5B. _*If currency weakens*_: "Our import bill has gone up".

6A. _*If Food prices go up:*_ "Masses are suffering".

6B. _*If Food prices come down:*_ "farmers are suffering".

7A. _*If stock market comes down:*_  "The economy is in a mess"

7B. _*If stock market goes up:*_ "it's not a true measure of economy; only corporates are being supported".

8A. _*If Corporate tax rates are increased:*_ "Govt is penalizing private enterprise".

8B. _*If Corporate tax rates are cut:*_ "the Govt is only trying to boost the profitability of corporates".

*So heads I win, tails you lose  !!!! 😵😵

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