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
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3 comments:

  1. Alexander Keefe12:37 AM

    And timely after yesterday...

    ReplyDelete
  2. Anonymous2:19 AM

    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.

    ReplyDelete
  3. Anonymous1:37 AM

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

    - Pramit Singh

    ReplyDelete

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