Tuesday, October 16, 2007

another newsweek article on india's economy

In case you weren't bored enough by the plethora of articles on India's economy, here Newsweek superstar George Wehrfritz and I do a little channeling of Thomas Friedman to pump up India a little before the stock market tanks. The premise: India doesn't have much of an export economy, so it will be safer in a US recession than China.

BTW: Can anybody say "bubble?"

Read on at http://www.newsweek.com/id/43340

3 comments:

Aliskandar said...

And timely after yesterday...

Anonymous said...

Well, the Newsweek article could be right. If India does not export, it is indeed less prone to suffer from recession abroad.

A man without feet will not suffer from dirty feet. That is India's advantage over China in the export field.

Anonymous said...

Wonder what role a falling Dollar will play in the whole story.

- Pramit Singh