the US recession? part 2

now i come to the more important question (the one that matters to me the most) - how closely is india coupled to the US economy?

everyday i watch the stocks falling down, they just have one thing to say - the indian markets are following global cues. frankly, i am sick of hearing that term 'global cues'. i mean, we gotta take a break. countries like india and china, aren't they supposed to be constituting a good percentage of the world's gdp? why then, should india be a reactive economy rather being a proactive one?

i am sure, you must have judged my amateurish begging and wishful thinking in the previous paragraph. agreed there's a lot of growth happening in india. there's growth in infrastructure, retail and a whole lot of other sectors. all said and done, we are still far away from being an economy that is independant of the US economy, especially the stock markets.

it will take india a good number of years to be completely independant of the US economy and a few more years after that, may be, to be an economy that world markets will react to. i totally look forward to the day when people would wake up in parts of the world to see how the nifty and sensex were doing.

i am still looking for good answers explaining the extent of coupling between US and indian economy and stock markets.

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