There could be many trapeze artists.

India's "Key macroeconomic indicators such as GST collection, Purchasing Managers' Index, automobile sales (up 26% in November 2022 from a year ago) and power consumption (up 13.6% from a year ago) reflect an improvement in industrial and commercial activites," wrote J Shettigar & P Misra. "India's goods and services tax (GST) receipts in December rose 15% year-on-year to Rs 1.49 lakh crore (Rs 1.49 trillion or $18.07 billion) a government statement said...reflecting strong economic activity during the festive season." ET. It was Rs 1.46 trillion in November. "The gross GST revenue collected during December 2022 is Rs 1,49,507 crore." "The manufacturing purchasing managers' index (PMI), compiled by S&P Global, rose to 57.8 in December from November's 55.7. This reading is the highest since October 2020," and "The PMI average for the third fiscal quarter (56.3) was the highest recorded since one year ago, data showed." ET. "While both new orders and output continued to grow strongly exports rose at the slowest pace in five months," and "the rate of job creation eased to a three-month low." "Domestic passenger vehicles surged 23 percent to a record of 3.793 million units in 2022 as carmakers dispatched more vehicles to showrooms in December before impending price hikes in the new year." moneycontrol. However, sales of entry-level small cars and two-wheelers actually fell. "Even as production hit a record 1 million units in the September  quarter, sales of small cars fell 44% (mini-segment) and 9% (compact segment) in the fiscal second quarter, from the peak levels of FY19." Sales of mopeds dropped 51% and of motorbikes up to 110 cc fell 35% in the same period. Sales of ultra-luxury cars, valued at over Rs 20 million, "shot up by 50% in 2022, surpassing the previous high in 2018" TOI. "Sectoral deployment of bank credit for November 2022 showed credit growth to industry accelerating to 13.1% from 3.1% in November 2021. With credit growth to large industry rising by 10.5% against a contraction of 0,6% a year ago and to micro, and small industries rising by 19.6% as against 15.3% a year ago, the indicators pointing towards an uptick in the capex cycle of the economy." That's after, "Banks have written off Rs 11.17 lakh crore (Rs 11.17 trillion) from their books in the last six years till financial year 2021-22, Parliament was informed." ET. "Persistent inflation may be making companies cautious about new investments, leading to a slowdown in capital expenditure." Mint. This is supported by "India's unemployment rate rose to 8.30% in December, the highest in 16 months, from 8% in the previous month, data from the Centre for Monitoring Indian Economy (CMIE) showed." ET. So what are they doing with the colossal amounts they are borrowing? Apparently, some have become trapeze artists, according to Dr Subramanian Swamy. And since India has stopped collecting statistics, qz.com, there could be many such artists. It's a circus.