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


Alexander Keefe 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