Sunday , September 29 2024

Leave America, Britain..now India is the kingpin of the world, if you don’t believe, see the evidence

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India recession: Now India is the true master of the world. This is proved by a report on recession. America has been the world’s superpower for years but now it is close to default. If the US debt limit is not raised by May 31, the country will go bankrupt on June 1. The situation in Europe is not unknown to anyone. The largest economy here is in recession. German GDP shows negative growth in December and March quarters. A recession is likely in all the major economies of the world this year. Be it Britain, America or Japan, France or Russia. But India is different in all these. Because now there is 0% chance of recession. That is, not at all.

Evidence of this data
It is given by an organization called World of Statistics which studies the economy of the countries of the world. Who has shared a list on Twitter. The list shows the risk of recession in those countries. India is the only country where there is no chance of a recession. If you look at all the major countries on this list, there is a strong possibility of a recession. Be it Japan, France or America, India is at the forefront.

The forecast for recession probability for 2023 was:

India: 0%
Indonesia: 2%
Saudi Arabia: 5%
China: 12.5%
Brazil: 15%
Switzerland: 20%
Spain: 25%
Mexico: 27.5%
South Korea:…

– Stats World (@stats_feed) May 25, 2023

on these countries
Britain has the highest risk of recession in the world at 75 percent. New Zealand is second. Where the possibility of recession this year is 70 percent. So America is at number three with 65 percent fear of recession. Europe’s largest economies Germany, Italy, Canada are also under the cloud of recession. Also 50 percent in France, 45 percent in South Africa, 40 percent in Australia, 37.5 percent in Russia. China is expected to shrink by 12.5 percent, Saudi Arabia by 5 percent and Indonesia by 2 percent this year.

3 big banks have collapsed in America in three months. America is on the brink of bankruptcy for the first time in its history. Not only banking but financial crisis is also likely. The US Secretary of State has warned that if the US debt limit is not raised by May 31, the country will go bankrupt from June 1.

India’s economy is strong
According to World of Statistics, the risk of recession in India is zero percent. India is the only major country in the world where there is no threat of recession. According to the IMF, this year too, India is growing at the fastest rate among the world’s economies. According to RBI Governor Shaktikanta Das, all key economic indicators suggest that the country’s GDP growth will remain above 7 percent in FY 2022-23.