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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: TobagoJack who wrote (67134)8/8/2005 7:24:40 PM
From: shades  Read Replies (1) of 74559
 
I watched Mr. Kudlow for the first time in a long time, Bhagwati said indias 300 million middle class was a better investment than china's 300 million middle class. They said no recession in India for the next 20 years - great growth - better than anywhere else. Now Bhagwati may be a little biased given his roots - but indian companies (state bank of india) were only like 24% state owned compared to 51% or more in china. They also said Pfizer India was good. IIF and IFN had a small pop recently. Julius Wong seems to be holding down the India thread all by his lonesome.

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