Monday, December 10, 2007

Thanks for worrying, but we’re just fine

Two things would seem to be conspiring against the rise of India this year: the U.S. mortgage meltdown, and economists’ worries over China’s overheating market.
After all, a reduction in U.S. spending power and the genuine concerns over China’s unbridled growth would inevitably lead to economists worrying that India’s similar hot-as-lava economy might suffer.
But this is a new world. One in which things don’t revolve solely around America and its economy (E. Johnson, American Shipper Namaste, December 6, 2007).Click on the Link for complete article and visit www.nkita.blogspot.com to read similar postings.