adventure62

India's Budget Takes a Wrong Turn

You have no understanding of the budget. India has developed the strategy to enhance consumer spending. Which will lead to industrial production. India has huge domestic market and economy is not dependent on exports. US consumers don't save money and borrow on credit cards. However, Indian consumers save money and invest just like china or other Asian countries. You are just throwing the numbers to make the point. let us discuss who is right in one year.
Indian govt. is pushing for solar and already $2.5 B have been committed by companies. How much US govt. has committed to solar ?. US govt. is just bailing out crooked executives of banks. Bank of America lied in SEC filing and it was just fined with $33M, what a joke !. CEO should have been kicked for lying to investors. Investors pay both ways in America !

Better Days Ahead for Indian ETFs?

I am not sure if I agree with your comments on India. Crooks are every where. Who do you think is responsible for US Banks, AIG, ML, Lehman, Smith Barney?. Corporate America at top level is totally corrupt and self centered. Executives make money on heavy bonuses while laying off people. There is plenty of Insider trading in Corporate America. Satyam is one of the bad eye for Indian corporates. Private owners eat what they want from the company but corporate America robs the public in front of every one and no one does any thing. Is there corporate governance in America ?