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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (53349)9/14/2004 10:48:46 AM
From: RealMuLan  Read Replies (1) | Respond to of 74559
 
"We are at a major crossroad. In the past, we have lost out to China, which has gone ahead of India by over 20 years. We have a chance now to correct our mistakes by taking bold decisions to ensure faster economic growth," a senior Indian executive said.

"It is a pity that India does not have even one international airport, which can match that in Beijing, Shanghai or Guangzhou," a top executive of an Indian company in Shanghai noted."
inhome.rediff.com

Let's see whether the Indian gov. has the guts and resolute and power to do this<g>



To: RealMuLan who wrote (53349)9/15/2004 4:12:37 AM
From: elmatador  Read Replies (1) | Respond to of 74559
 
<<world is moving towards an economic duo - namely, the US and China>>

Nope. Not right. The world is moving to an era a spread prosperity as wealth is spread more evenly.

The Bretton Woods agremeent that gave raisng for the concentration of wealth is gone since August 1972. It took a while but we are getting there.

China takes money from the US, and pass it over to the countries from where they import.


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