Don’t be so bonded – there are better diversifiers to invest in

The current economic recession has elicited varying degrees of policy response around the world. While policymakers in some countries like the US and those of the Eurozone have responded with a wide range of stimulative measures, India has been relatively muted in its response – the government justification for this being that it does not want to repeat the mistakes of the 2009-11 period, in which a post-GFC stimulus package ended up causing a currency crisis and inflationary spiral two years later.

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