China Economy growth in 2010 is 10%. India Economy growth in 2010 is 8.8%. Brazil Economy growth in 2010 is 7.1%. Russia Economy growth in 2010 is 5%. Singapore Economy growth in 2010 is 15%.
Re: Don't worry BRIC countries will lead world Economy in 2010.
by accounting master on Sep 02, 2010 07:03 PM
BRIC was a term invented to create confusion.
russia doesnt have any trade with us except for defense.
Brazil has i think no trade with india.
When was the last time you had vodka made in russia.
or brazilian nuts and cocoa beans etc.
BRIC is joke meant to bracket these economies together. for political purposes
Re: Re: Don't worry BRIC countries will lead world Economy in 2
by KEDAR DEO on Sep 02, 2010 09:26 PM
you dont understand necessity for BRIC.it is invented considering their resources. 1)india has manpower and service industry. 2)china has manpower and manufacturing industry 3)brazil has huge mineral reserves and raw material 4)russia is a giant in oil and gas industry,i.e.energy supplies. thats why BRIC has potential to rule world
Re: Re: Don't worry BRIC countries will lead world Economy in 2
by shivram adithya on Sep 02, 2010 09:03 PM
Trade between China and India is growing. We have been buying high end (high value)arms for all our forces from Russia. We may not have big trade with Brazil.
USA had,earlier, witnessed many such recessions in the past & had withstood all only to raise again from the scratch amazingly.All the wishful thinkings about its economy would be set at naght suddenly by them;its economists are of the intellectuals of higest order picked up from the cream in the world.What all is presently appearing outside is only a "make believe" strategy with which it would make all the world economies dance around it once again.If US economy is so bad,the dollar value should have fallen drastically by now;instead it is almost stable & rallying around Rs 46/-for the past several months.The loud slogans being made about the recession apply to all economies of the world which equally are plagued with this infectioous recession .Let us not be in a hurry to make drastic conclusions & be in our own paradise.One must remember that it is a vast country with extensive natural resorces-especially forestry & oil;and tll now it has not touched even a single drop of its oil resources;they are wise enough to conserve all such vital things for the rainy day.Let us see as to how it makes the world dance when once the arab oil resources are depleted.Every one says-"America is shrinking,but at the same time crave to to there & earn.What sort of hypocrisy is this? even if another recession takes place,at best it can be considered only as a corrective action with no room for
Re: No hasty conclusions!!
by Krishna on Sep 02, 2010 06:46 PM
During the past recessions, there was no globalization and no BRIC countries. So Amrika could recover, not now.
Another recession close to 25-30%. Well, u have to read between the lines. Americans downplay recession. It would be more than 50% chance. Look the jobless rate. Its more than 12% but US govt refuses to say it. Somehow they want to keep it below double digits. Unemployment rate is based on the number of people getting benefits. Those who have ran out of benefits are not included. They r totally out of the system. There u go.
Re: 2012
by Suresh on Sep 02, 2010 10:07 PM
There is a difference between ignorance and stupidity..Looks like you have the permanent one! US economy is $14 trillion and this constitutes 28% of world economy. So if US goes bankrupt, get ready to eat grass!
As US is more concern of destroying other nations particularly Muslim nations, this has to happen their strategy has more focus on destroying rather constuctive.
Re: this is true
by sandeep Shetye on Sep 02, 2010 06:02 PM
why do u bring islam in every thing. i guess it would be better if all of us understand religion is something personal and for public display
Re: Re: this is true
by Vinay Gupta on Sep 02, 2010 05:00 PM
how many Takshshilla, Nanda, somnaths did Arab and their slave constructed in last 1300 years
Re: Re: this is true
by mohammed abdulmalik on Sep 02, 2010 05:02 PM
read the history once again... you need to be sent to a unbiased history class led by other then RSS-sang mindset
Re: Re: Re: this is true
by Swapna on Sep 02, 2010 05:29 PM
India's History is baised with view of west. India has its own history which never taught to us. This is our petty condition even after independent.
Re: Re: Re: Re: Re: this is true
by Vinay Gupta on Sep 02, 2010 05:07 PM
and bhai, India had a bitter experience with Islamists so it cannot be with Arabs
so now arabs and their slaves have to take mighty US alone and they are bound to be destroyed
Such blunder statements make stock markets ruin millions of small investor..would anyone put him in jail if that didn't happen? Fake analysis to tumble down markets..such news and analysis act as a fertilizer towards fear weeds in minds of small investors and they sell everything in panic ~!
Such people are the reasons of many downfalls in stock markets without no reason at all !
Re: Seems like an agent of FII's !
by chanakya maurya on Sep 02, 2010 04:12 PM
Alan is one of those few who have not only felt the pulse of the global economy but has actively involved himself nursing it too. He tended the Fed for long long years under various Presidents, Republic as well as Democrat. Pranoy Roy asked him this direct question, and he very honestly answered so directly. If you do not know who Alan is, kindly keep your mouth shut. His approach is cautionary, not panicky. Jan 08 can return; and its chances are one-third; thats what he said last night live. The audience was who is who of Bharatvarsh, not any hankies pankies.
Re: Re: Seems like an agent of FII's !
by chanakya maurya on Sep 02, 2010 04:14 PM
btw, the query was about the double dip recession.The whole world in general and the US is particular is living under this threat hanging like Damocles' sword on the global economy.
