10-15-2008, 08:14 PM
<!--QuoteBegin-->QUOTE<!--QuoteEBegin-->Itâs because the situation of 1873 paradoxically moved the center of world economy from Europe to America. If we accept this theory, itâs highly probable that todayâs incident provided a chance to shift the pivot of world economy from America to China and India.<!--QuoteEnd--><!--QuoteEEnd-->
India's fundamentals are very weak, plus socialist agenda will sink it further.
Other problem, PM of India who collects his pension from US body World Bank had no interest of India.
During current crisis, Chinese Yuan Exchange Rate remain mainly same, How this happened? For long China kept its currency under value, now with crisis, it may found its original value. China is still a mystery.
India's fundamentals are very weak, plus socialist agenda will sink it further.
Other problem, PM of India who collects his pension from US body World Bank had no interest of India.
During current crisis, Chinese Yuan Exchange Rate remain mainly same, How this happened? For long China kept its currency under value, now with crisis, it may found its original value. China is still a mystery.