Toronto Escorts

Shorting India.

kaempferrand

Member
Sep 2, 2004
303
0
16
MONTREAL!!!
Anyone thinking about shorting this shit hole country? I am looking into how to do so. I say this is the first of the BRICs to go when Europe and the Euro implodes in its own decades long stupidity.

Caste System. Corruption. Absolute Incompetence.

India will always be a beggar nation. http://www.globalpost.com/dispatches/globalpost-blogs/india/india-fm-droopee-fitch

Might as well put some money into your bank account for this crap country on the way no where but down.

Don't take offense you Indian folks. It has nothing to do with racism or what not. Has everything to do with taking advantage of a situation and putting money into our pockets for those willing.
 

msog87

Banned
Dec 11, 2011
2,071
1
0
So you're looking to short the rupee/USD pair? It might be a good trade...
the rupee just hit a record low vs the dollar, shorting now would be stupid that trade is over. if you wanna short a currency short the usd as it is at multi year highs currently
 

danibbler

Active member
Feb 2, 2002
2,269
0
36
Toronto
I think that this year the US$ is going to be the strongest of all the currencies out there.

As for India...it's growing by leaps and bounds. Yes, it has issues but overall it's be a real success story.
 

msog87

Banned
Dec 11, 2011
2,071
1
0
I think that this year the US$ is going to be the strongest of all the currencies out there.

As for India...it's growing by leaps and bounds. Yes, it has issues but overall it's be a real success story.
the dollar rally is going to reverse and the u.s. economy is nowhere near as strong as ppl thought it was 3 months ago. qe3 is coming before the fall
 

danibbler

Active member
Feb 2, 2002
2,269
0
36
Toronto
Of course, the US economy is the pits but it's the best when you compare it to Europe and Asia. Eurozone may break up and Asia's growth is slowing down. No wonder people are fleeing to the US$

the dollar rally is going to reverse and the u.s. economy is nowhere near as strong as ppl thought it was 3 months ago. qe3 is coming before the fall
 

MuffinMuncher

And very good at it
Oct 3, 2001
4,605
5
38
55
Here
The only reason the US$ is showing strength is because the Euro has been decimated by news of potential default by Greece, Italy, Spain and other Euro nations. In times of economic and political uncertainty, investors flock to the dollar as the best of all possible alternatives. This is not an indication that investors think the US economy has recovered; rather it is a statement that it is the best among a host of bad options.

And since oil is traded primarily in US$, this balance has a direct impact on the price of world oil.

If the European economies stabilize (or don't get any worse and the daily run of bad news subsides), you will see the US$ start to weaken once again. It's current strength is artificial as many of the fundamentals are still weak (housing, jobs, GNP growth). Short the dollar if anything.
 

alex52

New member
Jul 6, 2007
1,169
0
0
Anyone thinking about shorting this shit hole country?
Just be thankful what we have in Canada. The country does have many problems, but if you never been to the country, then your knowledge is limited, some of the politician of low cast hold some of the most powerful positions in the country.
 

Closer68

Banned
Dec 26, 2005
1,534
0
0
USA
www.economist.com
I have spent a lot of time in India, for work, and it is an absolute piece of shit. All the talk of rapid growth, emerging superpower, etc is all bullshit. In order to understand why, you need to understand the Indian mentality, which is fundamentally different from the jingoism which the Chinese display. Indians, essentially, see themselves as inferior to Westerners. That tells you everything you need to know about where this country is heading.
 
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