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Morgan Stanley: India is the only country in Asia with a account defict

Sadly old profs used to behave in this manner only... "Hindu Growth Rate" rings any bell...?

Well, at that time, that's almost 20 years ago, he also told me that China will fail within the next four years, because China's reform is only economic and politics remains stagnant unlike Russia that will fly high with the perestroika and glasnost.
 
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Götterdämmerung;2528706 said:
Well, at that time, that's almost 20 years ago, he also told me that China will fail within the next four years, because China's reform is only economic and politics remains stagnant unlike Russia that will fly high with the perestroika and glasnost.

Cant blame them... They witnessed Great war followed by Cold war...Almost everything was either Black or, white those days..
 
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Unfortunately, there is a lot of truth in Roach's statement. China has a better control over its fiscal and monetary policy than India has.

However, in long run, India being a balanced and domestic driven economy, respect for IP laws, much younger demographics, much superior political and judicial system will beat China hands down.
lol what a product of bollywood brainwashing campaign, care enough to read about Thomson Reuters' annual patent reports about India's IP landscape? Its appalling and no one respects that, much worse than any Asia country, and if you can hold your low jealousy of China, you might as well read the chinese IP section..lol clueless bharti

p.s the superior political and judical system produces the most corrupted government in the world plus widespread insurgencies against the government with the aims to demand very basic human rights
 
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Cant blame them... They witnessed Great war followed by Cold war...Almost everything was either Black or, white those days..

That problem still persist till today. This forum is a fabulous example of black and white painting.
 
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:mod:

#182 :eek:

India current account balace is worse than Greece........next :mod::mod:

so, do I need to say who make it to the list on top???? ...see who are at the bottom....seems u ve lost ur CS....so cheer as much as u want and if u ve not read it and understood it, the analysis is done by an American company.....your best friend!
 
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:mod:

#182 :eek:

India current account balace is worse than Greece........next :mod::mod:

Yes but the Indian economy is doing better than that of Greece.

Plus it is surprising that as an American you are worried about India shouldn't you be more worried about the US deficit and debt which is a whopping $15 trillion :eek: and there are no sign of it coming down. Plus the US actually hit the deficit ceiling, and there was a threat of a government shut down. So I would be more worried about the US than India.

Plus the BSE Sensex has been doing good lately, India actually got to 17077 from 15000 from previous month. So far the economy isn't doing too bad.
 
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^^^^
He is not worried about the current account deficit of his own country
 
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