GE's (GE) feeling pretty good about its future in India, and sees its revenue from the country...

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Donald Ingram Comments (3481)
 
More US corporate wealth moving off shore. With any profits generated in that countries currency remaining overseas, and not converted into quickly devaluing US dollars. How can this be good for the US economy? Its not. The only benefactors will be the top 1% of Americans with high end wealth. The wealthy get wealthier, while the rest get stuck with any dregs left over. Which will be the socialized debt!
6 Nov 2010, 03:30 PM Reply Like

LuckyPick Comments (740)
 
there's no doubt about it, with the Republicans taking control, it only means tax cut for the wealthy, which is good if they use the money to boost the economy, if not it just makes them wealthier!
the wealthy just gets wealthier while the poor has to fend for themselves
7 Nov 2010, 01:08 PM Reply Like

spald_fr Comments (2461)
 
India not only has a "massive energy deficit". The electrical infrastructure was installed by the British. It's incredibly bad.
6 Nov 2010, 04:30 PM Reply Like

MOseeU Comments (8)
 
GE in Wall Street has done nothing since Jack W's days, then again Jack was in the right era(timing) and he was a great speaker!
.........next topic pls
6 Nov 2010, 10:22 PM Reply Like