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Macronomics: India’s Trade Balance Has Alarm Bells Ringing

This is a post for Capital Mind Premium subscribers.

The Trade Balance has important graphs that you must not miss. In one, we’ll see that export and import growth in dollar terms shows that trade has SHRUNK over last year, in the months of Feb and March.

You know that imports would shrink anyhow because of the gold restrictions, which adds up to a reduction of $13 . . .

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