ilmscore | Prediction Details
"when this whole boom was you know uh when this infrastructure boom was happening in China two things happened at that time one is that the gap between the rich and the poor went up which means that the rich were consuming more that's why luxury seeing premium product... the exact same thing it's a Playbook of what was happening in China"
By CA Rachana Phadke Ranade | November 29, 2024 | Pending
From video
How to Invest in a Falling Market? | Ft. @soniashenoyofficial | CA Rachana Ranade 00:21:24 - 00:22:04
Interpreted Prediction
During China's infrastructure boom, the wealth gap widened, leading to increased consumption by the rich and a surge in premium products, a pattern that appears to be repeating in India.

Prediction Details

Topic
Indian Economy

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