Just Wondering- Recession- Shrinkflation Anyone and a Twist ! Dinesh Kumar Kapila A major investor out of Mumbai is honestly puzzled. He keeps wondering where is the recession when he says consumption patterns have gone awry. He is a very aware investor and has to be considering the amount he invests and commits too. He is simply amazed that while the Government and the RBI discuss inflation and the fallout, there has been a major boom in the buying of property abroad by many businessmen. Ans it's only gaining traction. And then within India in peaceful or maybe less crowded location in the hills and Goa and a couple of other places, there too a major demand for premium housing has emerged and is being attended to by builders at a fast pace. The number of businesses suddenly emerging in the ecosystem and the wealth that has been generated is another contradiction in an economy which is apparently struggling and specially its middle class. He says an indication is the demand fo...
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