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Old 09-08-11   #182
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Quote:
Originally Posted by bhuvang View Post
Well said, but just one question.

Is it practically possible. Personally, i don't think so till our economic downturn reaches a catastrophic level.
I am not saying that consumption should drop dead overnight. People should learn to consume less then what is being consumed now. Even a drop in consumption by 2-3% will send shiver down government, RBI and industries to drop interest rates, prices will come down and even taxes may be reduced.

If we protest by consuming less we can expect something to our benefit, otherwise if people continue to consume like now interest rates, prices, taxes will remain high.
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