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Dothemath2 t1_j674uw6 wrote

Wouldn’t all the countries all raising rates together tank the world economy like a global recession?

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NoobInvester018 t1_j67jqjj wrote

Technically yes, but only in the long term. The issue is that you have some economy that's rebounding on the positive belief that central banks around the world will start rate cuts in the future.

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UnsafestSpace t1_j69o3no wrote

Not just that, but you have economies like India with a huge % of the world population that are booming just like China in 2008, actually China was coming to the end of it's bull run back then but India (and countries like Nepal and Bangladesh in its sphere of influence) are just getting started.

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Slicklickfstick t1_j6bd0ng wrote

This is probably a question better for google but is there an India ETF or any good ADRs?

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Leading-Mix802 t1_j6btrap wrote

$INDA but id stay away while the Adani fraud accusations play out.

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Fausterion18 t1_j6a3290 wrote

Yes, but that's not happening. Countries that raised quickly like US and Canada are already looking to stop or have stopped hikes.

Countries like Japan are starting to raise now.

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