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Wednesday, May 18, 2022

Economic downturn and timing of next AP Assembly elections

There is a decent amount of probability that US might enter into a recession this year. At the least, there is a high probability that US would enter into economic downturn this year. This downturn in the US might last up to 2 years.

If that happens, India too might start facing economic downturn starting from early-2023 for up to 2 years. Andhra Pradesh would be hit more badly compared to many other states.

Andhra Pradesh State elections are due in 2024. It might be in the best interests of the Chief Minister Jagan Mohan Reddy to prepone the election date to 2023 in order to escape the dissatisfaction of the common man that would be built up by 2024.

My analysis. I can be wrong too.

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