Marc Faber: "I think that Indian growth will be among the strongest in the world, along with maybe Vietnam and Cambodia. Will it be 6.5 percent or 6 percent or 8 percent, who knows? Also, GDP is not a very relevant statistic in my opinion. More relevant is GDP per capita in real terms, inflation-adjusted. In general, if you can grow at just 4%, it’s a huge growth rate compared to Europe and the US. So, relatively speaking, I am positive about the Indian economy, but there is a lot of political resistance to implementation of the reforms at the pace Mr Modi would probably like to do and with the intensity he would like to do..." (Imagem do artista alemão
Anselm Reyle).
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