19 jun. 2012

India : Estancamiento a la vista / Stagflation on sight

Ye hemos mencionado varias veces del riesgo de una desacelarcion importante en la economia de los BRICS, ver  aquiaqui y aqui  . Los riesgo sen India continua aumentando con un Banco Central de lleno metido e un proceso de QE ( quantitative easing por sus siglas en ingles) . La grafica anexa muestra las compras de instrumentos de deuda de parte del Banco Central de India con el objetivo de incentivar la economia. Agradecimientos a Soberlook.com. Suerte !.
We have mentioned before herehere and here the risk that the BRICS economies may be cooling down rapidly. We now see India with an aggressive QE program and inflation issues.
Credit Suisse: - In FY13, the RBI has bought Rs687 bn of bonds until 12 June. This annualises to an unprecedented Rs3.4 tn of bond-buying, and at 3.4% of the GDP, it is a level of monetary stimulus that is rare even in these times globally. To put things in perspective, the Fed’s bond buying in 2011 was 3.9% of US GDP.
Hat Tip : Soberlook.com
Good Luck!.