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deepak_sharma
Thu 4th Sep 2008, 18:04
From past couple of years their has been a gradual slowdown in the economy of US. Experts says that economy of US has a serious threat With the growth of economies of Asian countries like China and India.These countries have grown at a decent pace in past four to five years while at the same time the economy of US has shown a slowdown. How many of you agree to it.....

silent_thunder
Thu 4th Sep 2008, 19:20
Yes I agree that the indian and chinese economy have grown in the last decade and outpaced European and American economies but that is what we expect!! As those countries are already developed they had attained their stauration point where 8 percent growth is not achievable for them as the economy is already developed that is why USA grows at 3.5% per annum as compared to India and China

Indian economy cannot be compared with chinese they are ahead of us by atleast a decade of economic reforms

US economic slowdown is a threat to others its the otherway around!! Global crude oil prices are also partly to blame for these somber economic forecasts

Nazreen
Fri 5th Sep 2008, 03:40
Are the Indian and Chinese economies really booming right now? I'm currently invested in Indian and Chinese funds and I've lost quite a few thousand dollars already in these funds so I don't think that this is true. I do agree though that before the financial troubles in the U.S., the Indian and Chinese economies and also including Brazil and Russian economies have boomed but after that, the Indian and Chinese economies have both slowed down.

Most economies in the world including that of Singapore's have slowed down and so far I've read no news saying otherwise.

Fergal
Fri 5th Sep 2008, 07:02
I'm delighted to see that developing countries such as India and China are experiencing strong economic growth rates. This can represent an opportunity as well as a threat for businesses in the West.

A threat in the form of increased competition from lower cost businesses. An opportunity from new low cost suppliers and a new emerging market.

Are the benefits of this growth being shared by all or are they confined to a small number of business and political leaders?

deepak_sharma
Fri 5th Sep 2008, 07:38
Ya Indian economy have slowed down a bit but overall if you consider their had been an increament.

silent_thunder
Fri 5th Sep 2008, 10:02
what funds did you invest in?? Nazreen my dad invested a infrastructure fund in India and got 200% percent of his investment in one year!! So I think the fund you invested is not good..but this year I prefer to wait and then invest