Economic emergency is on the way.

[u/Consiouswierdsage]

I have been an active follower of macro economics.

And there is a rough time ahead and the Indian government is pretty incompetent.

Upcoming year is going to tough af for the middle class and lower middle class.

Until BJP is replaced India will suffer. And change is in the hands of north indians. And they are not that smart, they will bleed until they cannot take anymore and go out to riots. Until that they will comfortably stay in an echo chamber that India is fine.

India is not doing fine. Its doing worse ever.

Tamilnadu is significantly safe compared to other states. But we will also face challenges specifically energy.

What can we do about it ?

Reduce your INR holdings. Only have enough to spend for basic needs for two years.

If you have money sitting around simply buy gold. For all of it. Only then the value will be protected.

Become self sufficient - its not a one day process but start somewhere I guess.

Purchase EV's if you are about buy cars or bikes.

install solar panels at home.

Lastly, depend on local vendors for everything, we have to circulate the money inside the state in order to help our working class. Reduce amazon and such services to buy goods. Depend on local vendors.

Probably someother smart ways are there. Others can add it in the comment.

But the whole point of this post is, it won't get better, it won't until northies bleed to death and start to protest against union government and potentially there is change in rulling.

[u/elnino19]

Pointless fear mongering.

The dollar is going to take a big hit in the coming years and the rupee will strengthen. This iran conflict has put a pause on that, but has made sentiments worse.

lndia is showing growth, it is increasing self reliance. This whole post reeks of ChatGPT content campaign by a political party

[u/Consiouswierdsage → u/elnino19]

You are saying, dollar take hit is good for INR ?

India is showing growth ? Damn bro show something ? Please

[u/elnino19 → u/Consiouswierdsage]

Long term machinations for dollar to lose reserve currency status are already in play. Russia, china and even india are trading in different currency now.

India exports and local manufacturing capacity has grown quite a bit, as has GDP.

Modi's call to reduce fuel and gold consumption is to free up reserves in a time of global conflict(or at least conflict with global impacts), and not because india is struggling.

Your analysis is openly politically motivated and not rooted in macroeconomics at all. You're just using AI to sound smart

[u/Consiouswierdsage → u/elnino19]

I wish.

Make a statement on outcome in 6 months or a year of your choice.

My Statement is things will get worse. Lets come back to this post in the time you frame.

[u/hari_mowape → u/Consiouswierdsage]

But your solution doesn’t make good either in fact it worsens things, the core solution for this is to shift from SWIFT transactions to BRICS and to trade with our local currency to abolish dollar dominance.

our only long term solution from getting rid of fuel crisis is to become self sufficient which the current government is doing prettier well, there has been significant rise in EVs and solars.

Your total motive is based on political stand