On 2022-10-14, I asked whether easy money being available at everyone’s disposal left Indian borrowers disciplined enough to repay dues on time, and whether this convenience might bring back another moneylenders’ era. I posed these as questions, not conclusions, and included https://t.co/OB84Av7FF4.
I think broad access to credit matters for India's growth, and I use shadow-market activity as a test for whether regulation is working well. I also see risk as connected to reward, while making clear that this is not an endorsement of taking debt. These views build on the wider context of india s banking and credit depth.
I said that increased activity indicates regulation is likely bad across industries, and offered this as a general test rather than a measurement backed by a specific example or method.
I said access to credit for everyone is cardinal to India's growth aspirations.
I called ULI a great step towards helping the entrepreneurial drive of India; the captured post does not expand or define ULI.
I said debt-taking ability is also risk; there is no reward without risk, but this is not an endorsement of taking debt.
Two replies dated 2025-01-27 07:02 UTC contain links, including https://t.co/JJp66OjYgK and https://t.co/U8TehHViOg. The capture does not establish what the links lead to or what they were meant to communicate.
On 2023-02-03, I described increasing borrowing to buy consumer durables, vehicles, and through credit cards as worrying. I asked whether this was a Covid effect or was normalizing, and said early indications from listed players in the space predicted a slower pace of growth. The post was marked 1/2, directed readers to Research @Investywise, and gave no figures or method.
In my 2023-02-03 reply, I warned that habits of overspending developed through Covid might prove costly as interest rates climbed higher. This was a caution, not a quantified forecast, and connects to my concerns about when cheap money ends.