WESTERN COUNTRY BANKING CRISIS

It’s a little late, but not too late, to talk about the state of the global economy. The last two weeks have been dramatic, with numerous banks in the US faltering and even closing, which has caused a financial crisis in the country.

The US central banks will succeed and must. This demonstrates how the US has a weak financial system and uses poor financial management while advising the rest of the world on investments and capitalism.

In any case, it’s all about what works for us, with the RBI’s good initiatives, Indian banks are far more secure, and we can confidently claim that the RBI is the best central banker in the World. We had stated before the crisis that debt was the biggest investment for this decade, and it is proving to be accurate.

The crisis began or was assured as soon as a country with 30 trillion dollars (1 trillion dollars is equal to 84 lakh crores) abruptly increased interest rates to manage inflation from nearly zero to 4.5%. This happened within 15 months. It’s already finalized and cannot be modified.

Debt/Bond investments, however, will be very profitable and risk-free. India’s 10-year government bond yields 7,4%, providing a significant benefit of risk-free investing. But, for equities investors, this also presents a fantastic chance to purchase good drops and stockpile for the ensuing three years. There will be a lot of long-term gain at the expense of some short-term discomfort. There is little need for concern because this is only temporary.

Posted on: 12.03.23 at “Trend Trading-PL” Whats App Group