They were relegated to the attics of auntie-verse for way too long. Now, Seema aunty to the ‘so elegant’ Jasmeen Kaur to lappu-jhingoor lady—Indian aunties are all the rage.
Having failed to emulate East Asia’s success with manufacturing exports, India pays for its chronic trade shortfall by writing IOUs to global investors.
An oil shock, monsoon fears, rampant unemployment, and the seeming inevitability of inflation are common to both eras. Indira Gandhi’s self-destructive responses are instructive today.
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