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Monday, October 24, 2011

Indians wealth triples.Oh really?

With inflation more than 300% and property price rise more than 800% in last 10 years the actual wealth has decreased and not tripled.The value of rupee has gone down more than three times.While a worker in 2001 was charging Rs 80 for a day.It is now 200 Rs.So where is increase of wealth.What was price of gold in 2001 and now.These fraudulent and brainless experts and economists are trying to show that India is making progress.Buying motorcycles is not progress of society.You have mobile ,motorcycles and money but not food,security and health.EDucation institutes have increased fess more than 10 times including IIMs.So where is rise? Whom we are trying to fool?Even this wealth is in hands of less than one million people.If we take this extreme out, the rest of Indians dont have even Rs 50000 of wealth.UPA is a failed and corrupt party and must be kicked out.
Let me give a concrete example of my own.In panchkula I sold a plot @ 4000 per sq yard with great difficulty as there was no buyers also.Today the same plot is quoted at Rs 45000-50000 per sq yard.Almost 12 times the price in just 10 years.

Is it rise of wealth of Indians or fall of purchasing power of money?

The actual wealth in 3 times of calculated figure since most of well doing Indians are tax thieves and cheat their customers.Indian GDP is reported only around half.

This actual wealth level is in hand sofa few lacs mafia of politicians , babus,big traders and business tycoons.

Indians are going more and more poor.

Even this figure of 2,70.000 has no meaning and cant be called wealth as it cant last more than 7 years for one person to survive in this country now thanks to out corrupt planners headed by fraudulent experts and capitalist agent MMSingh a puppet PM.Again this person has given out false assurance that in next 3 months prices will go down.No embarrassment.He and Ahluwalia have been doing this since last 5 years just to pas time and somehow carry on their corrupt rule.Every quarter they say in next quarter price swill rescue and just go and hike prices of some items or raise some taxes.It is nothing but treason.I think not like in Libya but in India we should hold such corrupt politicians to public trial and severely punish them including hanging and destroying all their ill gotten wealth.





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